Heights Capital Management Inc. Makes New Investment in GSR IV Acquisition Corp. $GSRFU

Heights Capital Management Inc. purchased a new stake in shares of GSR IV Acquisition Corp. (NASDAQ:GSRFU) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 125,000 shares of the company’s stock, valued at approximately $1,267,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in GSRFU. Readystate Asset Management LP bought a new position in shares of GSR IV Acquisition in the 3rd quarter worth approximately $101,000. TrueMark Investments LLC bought a new stake in GSR IV Acquisition during the third quarter valued at approximately $101,000. JPMorgan Chase & Co. bought a new stake in GSR IV Acquisition during the third quarter valued at approximately $167,000. Bulldog Investors LLP purchased a new stake in GSR IV Acquisition during the third quarter valued at approximately $428,000. Finally, Cable Car Capital LP purchased a new stake in GSR IV Acquisition during the third quarter valued at approximately $1,267,000.

GSR IV Acquisition Stock Performance

GSRFU opened at $10.27 on Wednesday. The stock has a 50 day simple 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.