GSR III Acquisition Corp.’s (NASDAQ:GSRTU) Lock-Up Period Will End on May 6th

GSR III Acquisition’s (NASDAQ:GSRTU) lock-up period will end on Tuesday, May 6th. GSR III Acquisition had issued 20,000,000 shares in its IPO on November 7th. The total size of the offering was $200,000,000 based on an initial share price of $10.00. After the expiration of the company’s lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company will be lifted.

GSR III Acquisition Price Performance

Shares of NASDAQ:GSRTU opened at $10.39 on Friday. GSR III Acquisition has a 1-year low of $9.97 and a 1-year high of $10.59.

GSR III Acquisition Company Profile

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.