Context Capital Management LLC Makes New Investment in GSR IV Acquisition Corp. $GSRF

Context Capital Management LLC bought a new stake in GSR IV Acquisition Corp. (NASDAQ:GSRF) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 400,000 shares of the company’s stock, valued at approximately $4,100,000. Context Capital Management LLC owned about 1.36% of GSR IV Acquisition as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Lineage Point Capital LP boosted its holdings in shares of GSR IV Acquisition by 38.1% in the 2nd quarter. Lineage Point Capital LP now owns 303,908 shares of the company’s stock worth $3,085,000 after purchasing an additional 83,908 shares in the last quarter. StoneX Group Inc. bought a new position in shares of GSR IV Acquisition during the 3rd quarter valued at about $2,024,000. Sona Asset Management US LLC bought a new position in shares of GSR IV Acquisition during the 1st quarter valued at about $2,508,000. Harraden Circle Investments LLC purchased a new position in shares of GSR IV Acquisition during the 2nd quarter valued at about $2,540,000. Finally, Rivernorth Capital Management LLC purchased a new position in shares of GSR IV Acquisition during the 1st quarter valued at about $4,769,000.

Analysts Set New Price Targets

Separately, Weiss Ratings upgraded GSR IV Acquisition from a “sell (d-)” rating to a “sell (d)” rating in a research report on Monday, November 2nd. One research analyst has rated the stock with a Sell rating. According to MarketBeat.com, the stock currently has an average rating of “Sell”.

GSR IV Acquisition Stock Up 0.2%

Shares of GSR IV Acquisition stock opened at $10.32 on Wednesday. GSR IV Acquisition Corp. has a 52-week low of $9.96 and a 52-week high of $10.30. The company has a fifty day moving average of $10.26 and a 200-day moving average of $10.15.

GSR IV Acquisition (NASDAQ:GSRF) last issued its earnings results on Friday, August 14th. The company reported $0.06 EPS for the quarter.

GSR IV Acquisition Company Profile

GSR IV Acquisition Corp. is a special purpose acquisition company (SPAC). The company was formed to identify and complete a business combination, such as a merger, share exchange, asset acquisition, or similar transaction, with one or more operating businesses. Unlike an operating company, GSR IV Acquisition Corp. does not have a portfolio of commercial products or services. Its activities are focused on evaluating potential acquisition targets and completing a transaction that would result in a combined public company.