Aristeia Capital L.L.C. Buys Shares of 875,000 GSR IV Acquisition Corp. $GSRF

Aristeia Capital L.L.C. bought a new stake in GSR IV Acquisition Corp. (NASDAQ:GSRF) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 875,000 shares of the company’s stock, valued at approximately $8,741,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Glazer Capital LLC acquired a new stake in shares of GSR IV Acquisition during the 4th quarter worth approximately $15,090,000. Polar Asset Management Partners Inc. acquired a new position in GSR IV Acquisition during the fourth quarter valued at approximately $11,988,000. Meteora Capital LLC acquired a new position in GSR IV Acquisition during the fourth quarter valued at approximately $10,069,000. First Trust Capital Management L.P. bought a new stake in GSR IV Acquisition during the fourth quarter worth $9,450,000. Finally, AQR Arbitrage LLC acquired a new stake in shares of GSR IV Acquisition in the 4th quarter valued at $9,331,000.

GSR IV Acquisition Stock Up 0.0%

GSR IV Acquisition stock opened at $10.16 on Thursday. GSR IV Acquisition Corp. has a 52 week low of $9.96 and a 52 week high of $10.20. The stock’s fifty day simple moving average is $10.11.

About GSR IV Acquisition

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.