Context Capital Management LLC Purchases New Position in GSR IV Acquisition Corp. $GSRF

Context Capital Management LLC purchased a new stake in shares of GSR IV Acquisition Corp. (NASDAQ:GSRF) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 400,000 shares of the company’s stock, valued at approximately $3,996,000. Context Capital Management LLC owned about 1.36% of GSR IV Acquisition as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in GSRF. Bulldog Investors LLP bought a new position in GSR IV Acquisition during the 4th quarter valued at about $114,000. StoneX Group Inc. bought a new position in GSR IV Acquisition during the 4th quarter valued at about $1,324,000. DLD Asset Management LP bought a new position in GSR IV Acquisition during the 4th quarter valued at about $2,664,000. Berkley W R Corp bought a new position in GSR IV Acquisition during the 4th quarter valued at about $2,973,000. Finally, Periscope Capital Inc. bought a new position in shares of GSR IV Acquisition in the fourth quarter worth about $3,682,000.

GSR IV Acquisition Stock Up 0.2%

Shares of NASDAQ GSRF opened at $10.15 on Friday. GSR IV Acquisition Corp. has a 1-year low of $9.96 and a 1-year high of $10.20. The business has a 50-day moving average of $10.11.

GSR IV Acquisition Company Profile

GSR IV Acquisition Corp (NASDAQ: GSRF) is a special purpose acquisition company (SPAC) — a publicly listed blank‑check vehicle formed to raise capital through an initial public offering for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. As a SPAC, GSR IV does not operate a traditional commercial business or sell products and services; its principal activities are sourcing potential targets, negotiating a business combination and managing proceeds held in a trust account pending completion of a transaction.

The company’s typical operating functions include maintaining the funds raised in the IPO in a trust or escrow account, performing due diligence on candidate targets, structuring acquisition and financing arrangements (which may include private investment in public equity, or PIPE, commitments), and completing a de‑SPAC transaction that brings a private operating company public through the merger process.