Lineage Point Capital LP Makes New $2.20 Million Investment in GSR IV Acquisition Corp. $GSRF

Lineage Point Capital LP bought a new position in GSR IV Acquisition Corp. (NASDAQ:GSRF) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 220,000 shares of the company’s stock, valued at approximately $2,198,000. Lineage Point Capital LP owned approximately 0.75% of GSR IV Acquisition at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Bulldog Investors LLP bought a new stake in GSR IV Acquisition during the 4th quarter valued at approximately $114,000. Virtu Financial LLC bought a new position in shares of GSR IV Acquisition during the fourth quarter worth $967,000. StoneX Group Inc. purchased a new position in GSR IV Acquisition during the fourth quarter valued at $1,324,000. Boothbay Fund Management LLC purchased a new position in GSR IV Acquisition during the fourth quarter valued at $1,469,000. Finally, Clear Street Group Inc. bought a new stake in GSR IV Acquisition in the 4th quarter valued at $1,948,000.

GSR IV Acquisition Stock Performance

Shares of GSRF stock opened at $10.18 on Friday. GSR IV Acquisition Corp. has a 52 week low of $9.96 and a 52 week high of $10.20. The business has a fifty day moving average of $10.12.

GSR IV Acquisition Company 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.