Virtu Financial LLC Invests $967,000 in GSR IV Acquisition Corp. $GSRF

Virtu Financial LLC bought a new stake in shares of GSR IV Acquisition Corp. (NASDAQ:GSRF) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 96,797 shares of the company’s stock, valued at approximately $967,000.

A number of other hedge funds have also recently made changes to their positions in GSRF. Governors Lane LP purchased a new position in GSR IV Acquisition in the 4th quarter worth about $2,498,000. Boothbay Fund Management LLC purchased a new stake in GSR IV Acquisition in the 4th quarter valued at about $1,469,000. Aristeia Capital L.L.C. bought a new position in GSR IV Acquisition in the 4th quarter worth about $8,741,000. AQR Arbitrage LLC bought a new position in GSR IV Acquisition in the 4th quarter worth about $9,331,000. Finally, Polar Asset Management Partners Inc. purchased a new position in shares of GSR IV Acquisition during the fourth quarter worth approximately $11,988,000.

GSR IV Acquisition Stock Performance

Shares of NASDAQ:GSRF opened at $10.18 on Monday. The stock’s 50 day moving average is $10.12. GSR IV Acquisition Corp. has a one year low of $9.96 and a one year high of $10.20.

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.