GSR IV Acquisition Corp. $GSRFU Shares Sold by Rivernorth Capital Management LLC

Rivernorth Capital Management LLC trimmed its holdings in GSR IV Acquisition Corp. (NASDAQ:GSRFU) by 97.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 14,400 shares of the company’s stock after selling 481,827 shares during the quarter. Rivernorth Capital Management LLC’s holdings in GSR IV Acquisition were worth $148,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in GSRFU. JPMorgan Chase & Co. acquired a new position in shares of GSR IV Acquisition in the 3rd quarter valued at about $167,000. Readystate Asset Management LP grew its holdings in GSR IV Acquisition by 847.7% during the fourth quarter. Readystate Asset Management LP now owns 94,774 shares of the company’s stock worth $976,000 after acquiring an additional 84,774 shares during the period. Cable Car Capital LP acquired a new stake in GSR IV Acquisition during the third quarter worth about $1,267,000. Schonfeld Strategic Advisors LLC purchased a new position in GSR IV Acquisition during the third quarter valued at approximately $1,318,000. Finally, Boothbay Fund Management LLC purchased a new position in GSR IV Acquisition during the third quarter valued at approximately $2,027,000.

GSR IV Acquisition Price Performance

Shares of NASDAQ:GSRFU opened at $10.37 on Thursday. GSR IV Acquisition Corp. has a 12-month low of $10.01 and a 12-month high of $11.55. The business has a 50 day moving average of $10.47 and a two-hundred day moving average of $10.39.

About GSR IV Acquisition

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.