GSR IV Acquisition Corp. Class A ordinary share (GSRF)

FairStock Score: 35/100 — MIXED

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I am looking at GSR IV Acquisition Corp., a shell company with no significant operations; its stated plan is to merge with or acquire a business. That means there is no economic moat to assess, no revenue, and no durable competitive advantage today. The filed figures are sparse. In fiscal Q2 2026, the quarter ended 2026-06-30, net income was $1.8 million. In fiscal Q1 2026, the quarter ended 2026-03-31, net income was $1.7 million. In fiscal Q3 2025, the quarter ended 2025-09-30, net income was $488,891, while fiscal Q2 2025, the quarter ended 2025-06-30, showed a net loss of $78,233. For FY2025, ended 2025-12-31, net income was $2.3 million, and FY2024, ended 2024-12-31, had a net loss of $10,117. No revenue is reported, so these profits do not yet demonstrate an operating business. At the $10.27 close on 2026-10-13, market cap is $296.4 million. FairStock calculations show a P/E of 44.65, a Graham Number of $6.35, and a margin of safety of -61.73%, so the price is far above that value proxy. FCF is -$1.3 million, FCF yield is -0.4%, Piotroski is 2/9, Altman Z is 19.21, and FairStock score is 35/100. The Lynch category is none because only two years of filed results exist. Without a target or operating history, this is a speculative vehicle, not a Buffett-style compounding business. I would need a merger with a proven, cash-generating enterprise before the numbers could support the current price.

In plain English: GSR IV Acquisition Corp. is a shell company with no real business operations yet; it plans to merge with or buy another company. It reports no revenue and has negative cash flow, though it has shown small positive net income in recent quarters. At $10.27, the shares look expensive compared with basic measures of value and sit near the top of their 52-week range.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer