Radcliffe Capital Management L.P. Invests $6.09 Million in GSR IV Acquisition Corp. $GSRF

Radcliffe Capital Management L.P. acquired a new stake in shares of GSR IV Acquisition Corp. (NASDAQ:GSRF) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 609,667 shares of the company’s stock, valued at approximately $6,091,000. Radcliffe Capital Management L.P. owned approximately 2.07% of GSR IV Acquisition as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the stock. Glazer Capital LLC purchased a new stake in GSR IV Acquisition in the 4th quarter worth approximately $15,090,000. First Trust Capital Management L.P. purchased a new position in shares of GSR IV Acquisition during the 4th quarter valued at $9,450,000. Hudson Bay Capital Management LP acquired a new position in shares of GSR IV Acquisition in the fourth quarter worth $8,991,000. Harraden Circle Investments LLC acquired a new position in shares of GSR IV Acquisition in the fourth quarter worth $7,677,000. Finally, Picton Mahoney Asset Management purchased a new stake in shares of GSR IV Acquisition during the fourth quarter worth $6,494,000.

GSR IV Acquisition Price Performance

GSRF opened at $10.15 on Wednesday. GSR IV Acquisition Corp. has a 1 year low of $9.96 and a 1 year high of $10.20. The company’s fifty day moving average price 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.