GSR III Acquisition Corp. (GSRTU) Prices $200M IPO
by Nicholas Alan Clayton on 2024-11-07 at 10:33am

GSR III Acquisition Corp. (NASDAQ:GSRTU) announced the pricing of its $200 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “GSRTU”, Thursday, November 7, 2024.

The new SPAC intends to mount a broad search for a target company without limitations on a particular industry, sector or geographic region.

GSR III is led by Co-Chief Executive Officer Gus Garcia and Co-Chief Executive Officer Lewis Silberman, alongside President and Chief Financial Officer Anantha Ramamurti and Chief Business Development Officer Yuya Orime. Its Board is to be made up of Jonathan Cole, Susie Kuan and Jody Sitkoski.

Total SPAC deal count for 2024 year-to-date is now 44. This offering is expected to close on Friday, November 8, 2024.


SPAC Advisory Partners LLC (“SAP”), a division of Kingswood Capital Partners LLC, is acting as the sole underwriter for the initial public offering. Latham & Watkins LLP is serving as Issuer’s Counsel with Winston & Strawn LLP serving as Underwriter’s Counsel. Grant Thornton, LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.

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