Recent news items primarily relate to other companies and market events, with no direct operational news about GSR V Acquisition Corp. The company remains focused on completing a Business Combination.

• GSR V Acquisition Corp. completed its IPO on May 15, 2026, raising $230 million through the sale of 23 million units, including the full exercise of the underwriters' over-allotment option [S1].
• Simultaneously, the company completed a private placement of 671,000 units, generating approximately $6.71 million in proceeds [S1].
• As of June 30, 2026, the company held $1,558,257 in its operating bank account and had a working capital surplus of $1,713,850 [S1].
• The company has incurred $111,112 in administrative fees payable to the Sponsor for office space and support services during the first half of 2026 [S1].
• The company has not commenced operations and continues to seek a Business Combination within the 18 to 21-month completion window [S1].

The company has successfully raised substantial capital through its IPO and private placement, providing a strong financial foundation to pursue a Business Combination. Its working capital surplus and trust account funds offer liquidity to support due diligence and acquisition activities. The Sponsor's involvement and administrative agreements provide operational support during the search phase.

The company has not commenced operations and faces substantial doubt about its ability to continue as a going concern if it does not complete a Business Combination within the prescribed timeframe. Failure to complete a Business Combination within 18 to 21 months may lead to liquidation, rendering Sponsor interests worthless. The company may require additional financing to consummate a Business Combination or meet obligations, introducing execution risk.

As a Special Purpose Acquisition Company (SPAC), GSR V Acquisition Corp. does not have an operating business or competitive moat. Its value proposition lies in its ability to identify and complete a Business Combination with a target company, leveraging capital raised through its IPO and private placement. The company's moat depends on the quality of the eventual Business Combination and the management team's execution capabilities.

• Business Combination Completion Risk: The company must complete a Business Combination within 18 months, extendable to 21 months at the Sponsor's discretion. Failure to do so may result in liquidation and loss of Sponsor interests.
• Going Concern Uncertainty: Substantial doubt exists about the company's ability to continue as a going concern if a Business Combination is not completed within the required timeframe.
• Financing Risk: Additional financing may be necessary to consummate a Business Combination or meet post-combination obligations, which could dilute existing shareholders or increase debt.
• Operational Risk: The company has no operating revenues and incurs ongoing administrative and general expenses, relying on capital raised to fund operations until a Business Combination is completed.

• GSR V Acquisition Corp. is a blank check company incorporated on July 23, 2025, in the Cayman Islands for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more unidentified businesses or entities.
• As of June 30, 2026, the company had not commenced operations and had no operating revenues; all activity relates to formation, Initial Public Offering (IPO), and search for a Business Combination.
• The company completed its IPO on May 15, 2026, selling 23,000,000 units at $10.00 per unit, generating gross proceeds of $230 million.
• Simultaneously, a private placement of 671,000 units was completed, generating approximately $6.71 million in proceeds.
• The company holds proceeds from the IPO and private placement in a trust account managed by Odyssey Transfer and Trust Company, generating non-operating interest income.
• For the six months ended June 30, 2026, the company reported net income of $729,868, primarily from non-operating income, partially offset by operating losses related to general and administrative expenses.
• As of June 30, 2026, the company had $1,558,257 in its operating bank account and a working capital surplus of $1,713,850, with a current ratio of 34.31.
• The company incurred $111,112 in fees for administrative services from the Sponsor during the first half of 2026.
• Founder Shares totaling 6,750,000 Class B ordinary shares were issued to the Sponsor, representing 22.2% of issued and outstanding shares post-IPO and private placement.
• The company has an 18-month window (extendable to 21 months at the Sponsor's discretion) to complete a Business Combination, after which it may seek shareholder approval to extend the period.
• If the Business Combination is not completed within the Completion Window, the Sponsor's membership interests become worthless.
• The company may seek additional financing to consummate the Business Combination or to meet obligations post-combination, including issuing securities or incurring debt.
• The company has no outstanding Working Capital Loans as of June 30, 2026.
• The company recognizes substantial doubt about its ability to continue as a going concern if it does not complete a Business Combination within the required timeframe.
• The company pays monthly fees to the Sponsor for office space and administrative services, which cease upon completion of a Business Combination or liquidation.
• The company has registration rights agreements for Founder Shares and Private Placement Units, allowing holders to demand registration of shares for resale under certain conditions.