Governors Lane LP Invests $2.50 Million in GSR IV Acquisition Corp. $GSRF

Governors Lane LP purchased a new stake in shares of GSR IV Acquisition Corp. (NASDAQ:GSRF) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 250,000 shares of the company’s stock, valued at approximately $2,498,000. Governors Lane LP owned approximately 0.85% of GSR IV Acquisition at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Bulldog Investors LLP purchased a new position in GSR IV Acquisition during the fourth quarter valued at approximately $114,000. StoneX Group Inc. purchased a new position in GSR IV Acquisition during the fourth quarter valued at approximately $1,324,000. Boothbay Fund Management LLC purchased a new position in GSR IV Acquisition during the fourth quarter valued at approximately $1,469,000. Clear Street Group Inc. purchased a new position in GSR IV Acquisition during the fourth quarter valued at approximately $1,948,000. Finally, DLD Asset Management LP purchased a new position in GSR IV Acquisition during the fourth quarter valued at approximately $2,664,000.

GSR IV Acquisition Price Performance

Shares of GSRF stock opened at $10.16 on Thursday. The firm’s 50 day moving average is $10.11. GSR IV Acquisition Corp. has a twelve month low of $9.96 and a twelve month high of $10.20.

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.