SCHEDULE: Magnetar Funds Disclose 6.02% Stake in GSR III

Magnetar Financial LLC and its affiliates have disclosed a beneficial ownership of 1,410,000 Class A ordinary shares, representing 6.02% of GSR III Acquisition Corp.

Summary

• Magnetar Financial LLC, Magnetar Capital Partners LP, Supernova Management LLC, and David J. Snyderman collectively reported beneficial ownership of 1,410,000 Class A ordinary shares of GSR III Acquisition Corp.
• This ownership represents approximately 6.02% of the total outstanding Class A ordinary shares of GSR III Acquisition Corp., based on 23,422,500 shares outstanding as reported by the Issuer in its Form 10-Q filed on May 15, 2025.
• The shares are held across several Magnetar Funds, including Constellation Master Fund (324,305 shares), Lake Credit Fund (253,804 shares), Structured Credit Fund (225,599 shares), Xing He Master Fund (211,500 shares), Alpha Star Fund (140,997 shares), Purpose Alternative Credit Fund (126,898 shares), SC Fund (98,701 shares), and Purpose Alternative Credit Fund T (28,196 shares).
• The reporting persons have shared voting and shared dispositive power over all 1,410,000 shares.
• The securities were acquired and are held in the ordinary course of business and not for the purpose of or with the effect of changing or influencing the control of the issuer.

Sentiment

Score: 5

Explanation: A Schedule 13G filing is a factual disclosure of beneficial ownership and does not inherently convey positive or negative sentiment regarding the issuer's performance or prospects. It simply reports a significant stake by an institutional investor.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: Disclosure of a significant institutional investor holding a 6.02% stake may provide some confidence or signal institutional interest in the company.

Key Dates

Keywords

GSR III Acquisition Corp, Magnetar Financial, Schedule 13G, Beneficial Ownership, Class A ordinary share, Institutional Investor, SEC Filing, Investment Fund, SPAC