Context Capital Management LLC Makes New $4 Million Investment in GSR IV Acquisition Corp. $GSRF

Context Capital Management LLC bought a new position in GSR IV Acquisition Corp. (NASDAQ:GSRF) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 400,000 shares of the company’s stock, valued at approximately $3,996,000.

Other institutional investors also recently modified their holdings of the company. Bulldog Investors LLP acquired a new stake in shares of GSR IV Acquisition during the 4th quarter worth approximately $114,000. StoneX Group Inc. acquired a new stake in shares of GSR IV Acquisition during the 4th quarter worth approximately $1,324,000. DLD Asset Management LP acquired a new stake in shares of GSR IV Acquisition during the 4th quarter worth approximately $2,664,000. Berkley W R Corp acquired a new stake in shares of GSR IV Acquisition during the 4th quarter worth approximately $2,973,000. Finally, Periscope Capital Inc. acquired a new stake in shares of GSR IV Acquisition during the 4th quarter worth approximately $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 one year low of $9.96 and a one year high of $10.20. The business’s 50 day simple moving average is $10.11.

GSR IV Acquisition 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.