GSR IV Acquisition Corp. $GSRF Shares Newly Bought by Context Capital Management LLC

Context Capital Management LLC bought a new stake in shares of GSR IV Acquisition Corp. (NASDAQ:GSRF) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 400,000 shares of the company’s stock, valued at approximately $4,100,000.

Several other institutional investors and hedge funds have also bought and sold shares of GSRF. StoneX Group Inc. bought a new position in GSR IV Acquisition during the 3rd quarter worth approximately $2,024,000. Sona Asset Management US LLC bought a new stake in GSR IV Acquisition in the first quarter valued at approximately $2,508,000. Harraden Circle Investments LLC bought a new stake in GSR IV Acquisition in the second quarter valued at approximately $2,540,000. Lineage Point Capital LP lifted its position in GSR IV Acquisition by 38.1% in the second quarter. Lineage Point Capital LP now owns 303,908 shares of the company’s stock valued at $3,085,000 after purchasing an additional 83,908 shares during the last quarter. Finally, Rivernorth Capital Management LLC purchased a new stake in shares of GSR IV Acquisition during the first quarter valued at approximately $4,769,000.

GSR IV Acquisition Price Performance

Shares of GSRF opened at $10.32 on Wednesday. GSR IV Acquisition Corp. has a twelve month low of $9.96 and a twelve month high of $10.30. The firm has a fifty day simple moving average of $10.26 and a two-hundred day simple moving average of $10.15.

GSR IV Acquisition (NASDAQ:GSRF) last released its quarterly earnings data on Friday, August 14th. The company reported $0.06 earnings per share (EPS) for the quarter.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings upgraded shares of GSR IV Acquisition from a “sell (d-)” rating to a “sell (d)” rating in a report on Monday, November 2nd. One analyst has rated the stock with a Sell rating. According to MarketBeat, GSR IV Acquisition has a consensus rating of “Sell”.

GSR IV Acquisition Profile

GSR IV Acquisition Corp. is a special purpose acquisition company (SPAC). The company was formed to identify and complete a business combination, such as a merger, share exchange, asset acquisition, or similar transaction, with one or more operating businesses. Unlike an operating company, GSR IV Acquisition Corp. does not have a portfolio of commercial products or services. Its activities are focused on evaluating potential acquisition targets and completing a transaction that would result in a combined public company.