GSR IV Acquisition Corp.’s Quiet Period To End Tomorrow (NASDAQ:GSRFU)

GSR IV Acquisition’s (NASDAQ:GSRFU) quiet period will expire on Tuesday, October 14th. GSR IV Acquisition had issued 20,000,000 shares in its 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 GSR IV Acquisition’s quiet period, underwriters and any insiders that worked on the IPO are prevented from issuing any earnings forecasts or research reports for the company because of regulations issued by the Securities and Exchange Commission. Following the expiration of the company’s quiet period, it’s expected that the brokerages that served as underwriters on the stock will initiate research coverage on the company.

Analyst Upgrades and Downgrades

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

GSR IV Acquisition Trading Down 0.1%

NASDAQ:GSRFU opened at $10.26 on Monday. GSR IV Acquisition has a 12-month low of $10.01 and a 12-month 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.