Mercuria Capital Strategies LLC Purchases Shares of 500,000 GSR IV Acquisition Corp. $GSRF

Mercuria Capital Strategies LLC acquired a new position in shares of GSR IV Acquisition Corp. (NASDAQ:GSRF) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 500,000 shares of the company’s stock, valued at approximately $4,995,000. GSR IV Acquisition accounts for about 4.1% of Mercuria Capital Strategies LLC’s holdings, making the stock its 12th biggest position. Mercuria Capital Strategies LLC owned about 1.70% of GSR IV Acquisition as of its most recent filing with the Securities and Exchange Commission.

Separately, Periscope Capital Inc. acquired a new position in shares of GSR IV Acquisition during the 4th quarter valued at $3,682,000.

GSR IV Acquisition Stock Performance

GSR IV Acquisition stock opened at $10.15 on Friday. GSR IV Acquisition Corp. has a 12-month low of $9.96 and a 12-month high of $10.20. The company’s fifty day moving average is $10.09.

About GSR IV Acquisition

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.