Alpine Global Management LLC Purchases New Stake in GSR IV Acquisition Corp. $GSRFU

Alpine Global Management LLC purchased a new position in shares of GSR IV Acquisition Corp. (NASDAQ:GSRFU) in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund purchased 280,010 shares of the company’s stock, valued at approximately $2,838,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Readystate Asset Management LP bought a new stake in shares of GSR IV Acquisition in the 3rd quarter valued at about $101,000. TrueMark Investments LLC bought a new stake in shares of GSR IV Acquisition in the third quarter valued at about $101,000. JPMorgan Chase & Co. bought a new position in GSR IV Acquisition during the third quarter worth about $167,000. Bulldog Investors LLP acquired a new position in shares of GSR IV Acquisition in the third quarter valued at $428,000. Finally, Heights Capital Management Inc. acquired a new position in shares of GSR IV Acquisition in the third quarter valued at approximately $1,267,000.

GSR IV Acquisition Price Performance

Shares of GSRFU stock opened at $10.27 on Wednesday. The company has a 50 day moving average of $10.41. GSR IV Acquisition Corp. has a 1 year low of $10.01 and a 1 year high of $11.00.

GSR IV Acquisition 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.