Rivernorth Capital Management LLC Lowers Stock Holdings in GSR IV Acquisition Corp. $GSRFU

Rivernorth Capital Management LLC reduced 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 Securities and Exchange Commission. The firm owned 14,400 shares of the company’s stock after selling 481,827 shares during the period. Rivernorth Capital Management LLC’s holdings in GSR IV Acquisition were worth $148,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. AQR Arbitrage LLC acquired a new position in shares of GSR IV Acquisition during the 3rd quarter worth approximately $13,176,000. Polar Asset Management Partners Inc. acquired a new stake in GSR IV Acquisition in the 3rd quarter valued at $12,162,000. First Trust Capital Management L.P. acquired a new stake in GSR IV Acquisition in the 3rd quarter valued at $9,587,000. Meteora Capital LLC purchased a new stake in GSR IV Acquisition in the 3rd quarter worth $9,545,000. Finally, Shaolin Capital Management LLC purchased a new stake in GSR IV Acquisition in the 3rd quarter worth $9,122,000.

GSR IV Acquisition Stock Down 2.0%

GSRFU opened at $10.37 on Thursday. GSR IV Acquisition Corp. has a 52-week low of $10.01 and a 52-week high of $11.55. The firm’s fifty day simple moving average is $10.47 and its two-hundred day simple moving average is $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.