GSR IV Acquisition Corp. (NASDAQ:GSRFU – Get Free Report)’s stock price traded up 1% during trading on Tuesday . The company traded as high as $10.61 and last traded at $10.50. 2,595 shares changed hands during mid-day trading, a decline of 71% from the average session volume of 9,000 shares. The stock had previously closed at $10.40.
GSR IV Acquisition Stock Up 1.0%
The business has a fifty day moving average price of $10.34 and a 200-day moving average price of $10.37.
Hedge Funds Weigh In On GSR IV Acquisition
A number of hedge funds and other institutional investors have recently modified their holdings of the company. Readystate Asset Management LP purchased a new position in shares of GSR IV Acquisition in the 3rd quarter worth about $101,000. JPMorgan Chase & Co. purchased a new stake in shares of GSR IV Acquisition in the 3rd quarter valued at $167,000. Bulldog Investors LLP purchased a new stake in shares of GSR IV Acquisition in the 3rd quarter valued at $428,000. Clear Street Group Inc. boosted its stake in shares of GSR IV Acquisition by 26.9% in the 4th quarter. Clear Street Group Inc. now owns 399,543 shares of the company’s stock valued at $4,135,000 after purchasing an additional 84,611 shares in the last quarter. Finally, Heights Capital Management Inc. purchased a new stake in shares of GSR IV Acquisition in the 3rd quarter valued at $1,267,000.
GSR IV Acquisition Company Profile
We are a blank check company incorporated as a Cayman Islands exempted company whose business purpose is to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not selected any specific business combination target and we have not, nor has anyone on our behalf, engaged in any substantive discussions, directly or indirectly, with any business combination target with respect to an initial business combination with us.
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