SCHEDULE: Linden Capital Discloses 5.3% Stake in GSR IV Acquisition Corp.

Linden Capital L.P. and its affiliates have reported a passive beneficial ownership of 5.3% in GSR IV Acquisition Corp.'s Class A ordinary shares.

Summary

• Linden Capital L.P., Linden GP LLC, Linden Advisors LP, and Siu Min Wong (collectively, the "Reporting Persons") have filed a Schedule 13G.
• The filing discloses beneficial ownership of 1,250,000 Class A ordinary shares of GSR IV Acquisition Corp.
• This represents approximately 5.3% of the issuer's outstanding Class A ordinary shares.
• The percentage is based on 23,655,500 shares outstanding as disclosed by the issuer in a Form 8-K filed on September 5, 2025.
• The Reporting Persons share both voting and dispositive power over all 1,250,000 shares.
• The shares were not acquired for the purpose of changing or influencing control of the issuer, nor in connection with any transaction having that purpose or effect, other than activities solely in connection with a nomination under Rule 14a-11.

Sentiment

Score: 5

Explanation: Neutral. This is a routine regulatory filing disclosing a passive ownership stake, not an announcement of operational performance or strategic changes.

Positives

• No specific positive operational or financial developments for GSR IV Acquisition Corp. are disclosed in this passive ownership filing.

Negatives

• No specific negative operational or financial developments for GSR IV Acquisition Corp. are disclosed in this passive ownership filing.

Risks

• No specific risks related to the company's operations, financial health, or future prospects are disclosed in this passive ownership filing.

Future Outlook

No forward-looking statements or guidance regarding GSR IV Acquisition Corp.'s future performance or strategic direction are provided in this passive ownership disclosure.

Management Comments

• Saul Ahn, Authorized Signatory for Linden Capital L.P. and Linden GP LLC, and General Counsel for Linden Advisors LP, certified that the information set forth in the statement is true, complete, and correct.
• Saul Ahn, Attorney-in-Fact for Siu Min Wong, certified the information set forth in the statement.

Industry Context

This filing indicates an institutional investor, Linden Capital, has taken a significant passive stake in a Special Purpose Acquisition Company (SPAC), GSR IV Acquisition Corp. This is a common occurrence in the SPAC market where institutional investors often take positions, sometimes as part of a broader arbitrage strategy.

Stakeholder Impact

• Shareholders: The disclosure of a new significant institutional investor, Linden Capital L.P. and its affiliates, holding 5.3% of Class A ordinary shares, may be viewed by other shareholders as a positive signal of institutional interest and confidence in GSR IV Acquisition Corp.

Next Steps

• No specific future actions, events, or milestones for GSR IV Acquisition Corp. are mentioned in this filing.

Key Dates

Recommendation

The Schedule 13G filing indicates a significant passive stake by an institutional investor, Linden Capital, in GSR IV Acquisition Corp. While this signals institutional interest, the filing itself does not provide operational or financial performance data to warrant a 'buy' or 'sell' recommendation. Investors should 'hold' and await further corporate developments or financial disclosures from GSR IV Acquisition Corp. to make a more informed decision.

Keywords

GSR IV Acquisition Corp, Linden Capital, Schedule 13G, Beneficial Ownership, Class A ordinary shares, SPAC, Institutional Investor, Passive Investment