GSR IV Acquisition Corp.’s Quiet Period Set To Expire on October 14th (NASDAQ:GSRFU)

GSR IV Acquisition’s (NASDAQ:GSRFU) quiet period is set to expire on Tuesday, October 14th. GSR IV Acquisition had issued 20,000,000 shares in its initial public offering on September 4th. The total size of the offering was $200,000,000 based on an initial share price of $10.00. During the company’s quiet period, underwriters and any insiders involved in the IPO are prevented from issuing any earnings forecasts or research reports for the company because of SEC regulations. Following the expiration of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen raised shares of GSR IV Acquisition to a “hold” rating in a report on Thursday, September 18th.

GSR IV Acquisition Price Performance

NASDAQ:GSRFU opened at $10.26 on Friday. GSR IV Acquisition has a 52 week low of $10.01 and a 52 week high of $10.30.

GSR IV 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.