Picton Mahoney Asset Management Invests $6.59 Million in GSR IV Acquisition Corp. $GSRFU

Picton Mahoney Asset Management acquired a new stake in shares of GSR IV Acquisition Corp. (NASDAQ:GSRFU) during the 3rd quarter, Holdings Channel.com reports. The institutional investor acquired 650,000 shares of the company’s stock, valued at approximately $6,588,000.

A number of other hedge funds also recently bought and sold shares of GSRFU. TrueMark Investments LLC purchased a new stake in GSR IV Acquisition in the third quarter worth approximately $101,000. JPMorgan Chase & Co. purchased a new position in shares of GSR IV Acquisition during the third quarter worth approximately $167,000. Finally, Readystate Asset Management LP bought a new stake in shares of GSR IV Acquisition in the 3rd quarter worth approximately $101,000.

GSR IV Acquisition Price Performance

Shares of GSR IV Acquisition stock opened at $10.28 on Thursday. GSR IV Acquisition Corp. has a 52-week low of $10.01 and a 52-week high of $11.00. The firm has a fifty day simple moving average of $10.42.

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.