GSR V Acquisition Corp.’s (NASDAQ:GSRV) Lock-Up Period To End on November 10th

GSR V Acquisition’s (NASDAQ:GSRV – Get Free Report) lock-up period is set to end on Tuesday, November 10th. GSR V Acquisition had issued 20,000,000 shares in its public offering on May 14th. The total size of the offering was $200,000,000 based on an initial share price of $10.00. After the expiration of the company’s lock-up period, major shareholders and company insiders will be able to sell their shares of the company.

Wall Street Analyst Weigh In

Separately, Weiss Ratings began coverage on GSR V Acquisition in a report on Friday, September 25th. They set a “sell (e)” rating on the stock. One investment analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, GSR V Acquisition presently has an average rating of “Sell”.

Check Out Our Latest Stock Report on GSRV

GSR V Acquisition Stock Up 0.1%

Shares of NASDAQ GSRV opened at $9.93 on Friday. GSR V Acquisition has a 1-year low of $9.84 and a 1-year high of $9.97. The business has a 50-day moving average of $9.91.

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