GSR III Sponsor LLC - 07 Nov 2024 Form 3 Insider Report for GSR III Acquisition Corp. (GSRT)

Role
Director, 10%+ Owner
Signature
/s/ GSR III Sponson LLC, by Lewis Silberman, Co-CEO
Issuer symbol
GSRT
Transactions as of
07 Nov 2024
Net transactions value
$0
Form type
3
Filing time
07 Nov 2024, 17:08:02 UTC
Next filing
13 Nov 2024
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding GSRT Class B ordinary shares 07 Nov 2024 Class A ordinary shares 5,720,000 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects securities held directly by GSR III Sponsor LLC (the "Sponsor "). Gus Garcia, Lewis Silberman and Anantha Ramamurti are the managing members of the Sponsor who share investment and voting control over these securities. As a result, Gus Garcia, Lewis Silberman and Anantha Ramamurti may be deemed to have beneficial ownership of the securities held by Sponsor, but disclaim beneficial ownership of these securities, except to the extent of any pecuniary interest therein.
F2 As described in Issuer's Registration Statement on Form S-1 (File No. 333-280842), as amended, the Class B ordinary shares, par value $0.0001 per share, of the Issuer will automatically convert into Class A ordinary shares, par value $0.0001 per share, of the Issuer at the time of a qualifying initial business combination, or earlier at the option of the holder, on a one-for-one basis, subject to certain adjustments, and have no expiration date.

Remarks:

Exhibit List: Exhibit 24.1 - Power of Attorney for Gus Garcia Exhibit 24.2 - Power of Attorney for Lewis Silberman Exhibit 24.3 - Power of Attorney for Anantha Ramaurti