GSR III Sponsor LLC - 08 Nov 2024 Form 4 Insider Report for GSR III Acquisition Corp. (GSRT)

Role
10%+ Owner
Signature
/s/ GSR III Sponsor LLC, by Lewis Silberman, Co-CEO
Issuer symbol
GSRT
Transactions as of
08 Nov 2024
Net transactions value
$0
Form type
4
Filing time
13 Nov 2024, 16:49:16 UTC
Previous filing
07 Nov 2024
Next filing
14 Oct 2025

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
transaction GSRT Class A ordinary shares Purchase $0 +439,346 +7.7% $0.000000 6,159,346 08 Nov 2024 Class A ordinary shares 439,346 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of 384,428 private placement units purchased by GSR III Sponsor LLC (the "Sponsor") for $10.00 per unit in a private placement transaction (the "private placement units") with the registrant. Each such unit consists of one Class A ordinary share, par value $0.0001 per share (each, a "Class A ordinary share") and one-seventh of one whole right to receive one Class A ordinary share upon the consummation of our initial business combination. If we are unable to complete a business combination, the private placement units (and their underlying securities) will expire worthless.
F2 Reflects securities held directly by the Sponsor. Gus Garcia, Lewis Silberman and Anantha Ramamurti are the managing members of the Sponsor and 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.