GABELLI & Co INVESTMENT ADVISERS INC. Makes New Investment in GSR IV Acquisition Corp. $GSRFU

GABELLI & Co INVESTMENT ADVISERS INC. purchased a new stake in GSR IV Acquisition Corp. (NASDAQ:GSRFU) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 269,900 shares of the company’s stock, valued at approximately $2,735,000.

Several other institutional investors have also recently bought and sold shares of GSRFU. TrueMark Investments LLC acquired a new stake in GSR IV Acquisition in the 3rd quarter valued at about $101,000. JPMorgan Chase & Co. acquired a new position in shares of GSR IV Acquisition during the third quarter worth approximately $167,000. Readystate Asset Management LP bought a new stake in shares of GSR IV Acquisition during the third quarter valued at approximately $101,000. Picton Mahoney Asset Management acquired a new position in shares of GSR IV Acquisition during the third quarter valued at $6,588,000. Finally, Context Capital Management LLC bought a new stake in shares of GSR IV Acquisition during the third quarter worth approximately $4,561,000.

GSR IV Acquisition Stock Performance

NASDAQ:GSRFU opened at $10.27 on Friday. The firm has a 50-day moving average of $10.42. GSR IV Acquisition Corp. has a 1-year low of $10.01 and a 1-year high of $11.00.

GSR IV Acquisition Company Profile

We are a blank check company incorporated as a Cayman Islands exempted company whose business purpose is to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not selected any specific business combination target and we have not, nor has anyone on our behalf, engaged in any substantive discussions, directly or indirectly, with any business combination target with respect to an initial business combination with us.