The SPAC now has 18-21 months to find a target. Monitor for any announcements regarding potential business combinations or extensions. The going concern qualification is standard for SPACs but underscores the time pressure.
Price Chart
Executive Summary
GSR V Acquisition Corp. completed its IPO of 23,000,000 units at $10.00 per unit, raising $230 million in gross proceeds, with an additional $6.71 million from a concurrent private placement. The proceeds were placed in a trust account. The auditor's report includes a going concern qualification, noting substantial doubt if the company fails to complete a business combination within the required timeframe.
Key Facts
- IPO of 23,000,000 units at $10.00 per unit, gross proceeds $230,000,000
- Private placement of 671,000 units at $10.00, gross proceeds $6,710,000
- $230,000,000 placed in trust account
- Auditor's report includes a going concern qualification
- Shareholders' deficit of $7,287,612 as of May 15, 2026
- Transaction costs of $13,882,301
Financial Impact
$230 million placed in trust account; $2.245 million operating cash; $7.29 million shareholders' deficit
Risk Factors
- Failure to complete a business combination within the 18-21 month window
- High transaction costs relative to operating cash
- Potential dilution from private placement units and rights
Market Snapshot
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001213900-26-060154 |
| Document: ea0291891-8k_gsr5acq.htm | 0001213900-26-060154 |
| Document: 0001213900-26-060154-index-headers.html | 0001213900-26-060154 |
| Document: 0001213900-26-060154-index.html | 0001213900-26-060154 |
| Document: 0001213900-26-060154.txt | 0001213900-26-060154 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
May 21, 2026 22w ago | 8-K | $10.01 $10.06 | ▲ +0.50% | ▲ +1.92% | $10.07 (+0.60%) |
May 18, 2026 22w ago | 3 | $10.02 $10.06 | ▲ +0.40% | ▼ −0.59% | $10.07 (+0.50%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers