GSR Sponsor is a Delaware limited liability company, which was formed to invest in us. Although GSR Sponsor is permitted to undertake any activities permitted under the Delaware Limited Liability Company Act and other applicable law, GSR Sponsor’s business is focused on investing in our company. The managing members of the GSR Sponsor are Gus Garcia, Lewis Silberman and Anantha Ramamurti. Messrs. Silberman and Garcia serve as our Co-Chief Executive Officers and Mr. Ramamurti serves as our Chief Financial Officer. Messrs. Garcia, Silberman and Ramamurti control the management of GSR Sponsor, including the exercise of voting and investment discretion over the securities of our company held by GSR Sponsor. GSR Sponsor has agreed to purchase up to an aggregate of 610,500 private placement units, at a price of $10.00 per unit (or 655,500 private placement units if the underwriters exercise their over-allotment option in full), in a private placement to occur concurrently with the closing of this offering, provided that, at its election, SPAC Advisory Partners may purchase up to an aggregate of 150,000 private placement units (or 172,500 private placement units if the underwriters’ over-allotment option is exercised in full), at a price of $10.00 per unit, or $1,500,000 (or $1,725,000 if the underwriters’ over-allotment option is exercised in full), in a private placement that will close simultaneously with the closing of this offering. If SPAC Advisory Partners participates in the private placement, GSR Sponsor will reduce its purchase of private placement units by the corresponding number of private placement units purchased by SPAC Advisory Partners, provided that in no event will the private placement exceed 610,500 private placement units (or 655,500 private placement units if the underwriters exercise their over-allotment option in full). Certain sponsor members have expressed an interest to purchase, indirectly through GSR Sponsor, an aggregate of          private placement units, at a price of $10.00 per unit, or $         in the aggregate. None of the non-managing sponsor members shall have more than 9.9% interest in GSR Sponsor.