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GSR V Acquisition Corp. Announces the Closing of its $230 Million Initial Public Offering, Including Full-Exercise Of Over-Allotment Option | The Manila Times
New York, NY, May 15, 2026 (GLOBE NEWSWIRE) -- GSR V Acquisition Corp. (NASDAQ: GSRV) ('GSRV” or the 'Company”) announced today that it closed its initial public offering of 23,000,000 units at a price of $10.00 per unit, for aggregate gross proceeds of $230,000,000. The offering size reflects the full exercise of the underwriter’s over-allotment option. Each unit consists of one of the Company’s Class A ordinary shares (the 'Class A Ordinary Shares”) and one-seventh (1/7th) of one right (the 'Rights”), with each whole right entitling the holder thereof to receive one Class A Ordinary Share upon the consummation of an initial business combination. No fractional rights will be issued upon separation of the units and only whole rights will trade.
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