Decagon Asset Management LLP Quant / Systematic

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
HOLX	HOLOGIC INC	498,125	$37,105	14.3%	$73.07	0.0%	COM	436440101
EXAS	EXACT SCIENCES CORP	347,400	$35,282	13.6%	$80.31	0.0%	COM	30063P105
NSC	NORFOLK SOUTHN CORP	116,000	$33,492	12.9%	$288.62	0.0%	COM	655844108
—	CIDARA THERAPEUTICS INC	100,000	$22,089	8.5%	—	—	CALL	171757206
RNA	AVIDITY BIOSCIENCES INC	242,436	$17,487	6.7%	$64.59	0.0%	COM	05370A108
BACQ	INFLECTION POINT ACQUISITION	816,410	$8,752	3.4%	$10.87	0.0%	SHS CL A	G1169T104
MBC	MASTERBRAND INC	762,926	$8,423	3.2%	$11.71	0.0%	COMMON STOCK	57638P104
NWAX/U	NEW AMER ACQUISITION I CORP	733,520	$7,636	2.9%	$10.41	—	UNIT 99/99/9999	023634207
CHAC	CRANE HBR ACQUISITION CORP	660,566	$7,114	2.7%	$11.14	0.0%	CL A	G24979109
MLAC	MOUNTAIN LAKE ACQUISITION CO	657,592	$6,839	2.6%	$10.42	0.0%	SHS CL A	G6301B101
BCSS	BAIN CAP GSS INVT CORP	565,461	$5,700	2.2%	$10.08	0.0%	ORD CL A	G0R78B106
KBONU	KARBON CAP PARTNERS CORP	524,380	$5,278	2.0%	$10.06	—	UNIT 12/11/2030	G5225W126
BEBE/U	TGE VALUE CREATIVE SOLUTIONS	436,652	$4,340	1.7%	$9.94	—	UNIT 99/99/9999	G8773E126
IPCX	INFLECTION PT ACQUISITION CO	351,374	$3,563	1.4%	$10.15	0.0%	CL A ORD SHS	G47875102
SAC/U	SAFEGUARD ACQUISITION CORP	209,750	$2,115	0.8%	$10.09	—	UNIT 99/99/9999	G77676123
GSRFR	GSR IV ACQUISITION CORP	83,449	$199	0.1%	$2.38	—	RIGHT 08/22/2030	G4R12K115
AEXA	AMERICAN EXCEPTIONALISM ACQU	16,000	$182	0.1%	$11.23	0.0%	ORD CL A	G0273J101
ALIS	CALISA ACQUISITION CORP	238,203	$116	0.0%	$9.91	0.0%	ORD SHS	G1771C101
EVOXW	EVOLUTION GLOBAL ACQUISITION	210,100	$92	0.0%	$0.44	—	*W EXP 10/22/203	G3226F119
BCSS/WS	BAIN CAP GSS INVT CORP	100,542	$66	0.0%	$0.65	—	*W EXP 01/01/202	G0R78B114
APAC	STONEBRIDGE ACQUISITION II C	346,557	$58	0.0%	$9.92	0.0%	CL A SHS	G85096108
BDCI	BTC DEV CORP	51,491	$35	0.0%	$10.10	0.0%	ORD SHS CL A	G0701G109
AIIA	AI INFRASTRUCTURE ACQUISI	133,256	$35	0.0%	$9.93	0.0%	ORD SHS CL A	G01336109
YCY/WS	AA MISSION ACQUISITION CORP	130,692	$29	0.0%	$0.22	—	*W EXP 07/23/203	G1000S125
HVMC	HIGHVIEW MERGER CORP	100,000	$27	0.0%	$10.00	0.0%	ORD SH CL A	G4569C101

Increased Positions (14)

MCGA YORKVILLE ACQUISITION CORP. 4.7%

Value ($000) $12,312 (+11.6%) Shares 1,215,386 (+17.4%) Est. Cost $10.66 Unrealized -3.3%

KCHV KOCHAV DEFENSE ACQUI CO 1.9%

Value ($000) $4,876 (+27.7%) Shares 480,888 (+26.4%) Est. Cost $10.04 Unrealized +0.7%

PELI PELICAN ACQUISITION CORP 1.5%

Value ($000) $3,856 (+18.0%) Shares 379,902 (+17.0%) Est. Cost $10.02 Unrealized +1.1%

OACC OAKTREE ACQUISITION CORP III 2.7%

Value ($000) $7,148 (+5.6%) Shares 675,637 (+4.9%) Est. Cost $10.03 Unrealized +5.5%

NPAC NEW PROVIDENCE ACQUISITION C 1.1%

Value ($000) $2,775 (+7.6%) Shares 270,437 (+6.7%) Est. Cost $10.34 Unrealized -0.8%

CHACR CRANE HBR ACQUISITION CORP 0.1%

Value ($000) $226 (+194.5%) Shares 282,875 (+14.1%) Est. Cost $0.34 Unrealized —

KCHVR KOCHAV DEFENSE ACQUI CO 0.1%

Value ($000) $180 (+115.4%) Shares 751,272 (+97.4%) Est. Cost $0.23 Unrealized —

MCGAW YORKVILLE ACQUISITION CORP. 0.0%

Value ($000) $86 (-52.5%) Shares 172,360 (+13.9%) Est. Cost $1.11 Unrealized —

PCAPW PROCAP ACQUISITION CORP 0.0%

Value ($000) $60 (-40.8%) Shares 160,638 (+3.8%) Est. Cost $0.64 Unrealized —

NPACW NEW PROVIDENCE ACQUISITION C 0.0%

Value ($000) $51 (+34.2%) Shares 101,555 (+16.9%) Est. Cost $0.60 Unrealized —

PELIR PELICAN ACQUISITION CORP 0.1%

Value ($000) $152 (-7.7%) Shares 658,999 (+8.4%) Est. Cost $0.20 Unrealized —

TVACW TEXAS VENTURES ACQUISITION I 0.1%

Value ($000) $257 (-4.4%) Shares 286,072 (+16.9%) Est. Cost $1.07 Unrealized —

KFIIR K&F GROWTH ACQUISITION CORP 0.0%

Value ($000) $102 (+7.0%) Shares 784,481 (+23.4%) Est. Cost $0.12 Unrealized —

FTW/WS EQV VENTURES ACQUISITION COR 0.0%

Value ($000) $59 (+12.4%) Shares 121,916 (+17.1%) Est. Cost $0.38 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MCGA	YORKVILLE ACQUISITION CORP.	1,215,386 (+17.4%)	$12,312 (+11.6%)	4.7%	$10.66	-3.3%	SHS CL A	G98659116
KCHV	KOCHAV DEFENSE ACQUI CO	480,888 (+26.4%)	$4,876 (+27.7%)	1.9%	$10.04	+0.7%	SHS CL A	G5304D106
PELI	PELICAN ACQUISITION CORP	379,902 (+17.0%)	$3,856 (+18.0%)	1.5%	$10.02	+1.1%	SHS	G6993G103
OACC	OAKTREE ACQUISITION CORP III	675,637 (+4.9%)	$7,148 (+5.6%)	2.7%	$10.03	+5.5%	SHS CL A	G6717R104
NPAC	NEW PROVIDENCE ACQUISITION C	270,437 (+6.7%)	$2,775 (+7.6%)	1.1%	$10.34	-0.8%	USD CL A ORD SHS	G6476A102
CHACR	CRANE HBR ACQUISITION CORP	282,875 (+14.1%)	$226 (+194.5%)	0.1%	$0.34	—	RIGHT 04/17/2030	G24979117
KCHVR	KOCHAV DEFENSE ACQUI CO	751,272 (+97.4%)	$180 (+115.4%)	0.1%	$0.23	—	RIGHT 05/21/2030	G5304D114
MCGAW	YORKVILLE ACQUISITION CORP.	172,360 (+13.9%)	$86 (-52.5%)	0.0%	$1.11	—	*W EXP 06/06/203	G98659124
PCAPW	PROCAP ACQUISITION CORP	160,638 (+3.8%)	$60 (-40.8%)	0.0%	$0.64	—	*W EXP 05/16/203	G7257A121
NPACW	NEW PROVIDENCE ACQUISITION C	101,555 (+16.9%)	$51 (+34.2%)	0.0%	$0.60	—	*W EXP 04/24/203	G6476A110
PELIR	PELICAN ACQUISITION CORP	658,999 (+8.4%)	$152 (-7.7%)	0.1%	$0.20	—	RIGHT 05/02/2030	G6993G111
TVACW	TEXAS VENTURES ACQUISITION I	286,072 (+16.9%)	$257 (-4.4%)	0.1%	$1.07	—	*W EXP 04/23/203	G8772L113
KFIIR	K&F GROWTH ACQUISITION CORP	784,481 (+23.4%)	$102 (+7.0%)	0.0%	$0.12	—	RIGHT 08/29/2031	G52258129
FTW/WS	EQV VENTURES ACQUISITION COR	121,916 (+17.1%)	$59 (+12.4%)	0.0%	$0.38	—	*W EXP 07/01/203	G3106N117

Exited Positions (27)

GTLS CHART INDS INC 10.6%

Value ($000) $27,567 Shares 137,732 Est. Cost $190.05 Unrealized +6.6%

AL AIR LEASE CORP 8.6%

Value ($000) $22,247 Shares 349,526 Est. Cost $59.40 Unrealized +7.2%

ELME ELME COMMUNITIES 3.3%

Value ($000) $8,670 Shares 514,233 Est. Cost $16.86 Unrealized —

GTLS CHART INDS INC 3.1%

Value ($000) $8,006 Shares 40,000 Est. Cost $190.05 Unrealized +6.6%

— MERUS N V 3.0%

Value ($000) $7,883 Shares 83,728 Est. Cost $94.15 Unrealized —

SBXD SILVERBOX CORP IV 2.7%

Value ($000) $7,065 Shares 674,754 Est. Cost $10.50 Unrealized +0.4%

DNOW DNOW INC 2.7%

Value ($000) $6,986 Shares 458,068 Est. Cost $15.09 Unrealized -7.0%

GSRFU GSR IV ACQUISITION CORP 2.7%

Value ($000) $6,931 Shares 683,900 Est. Cost $10.14 Unrealized —

BCSS/U BAIN CAP GSS INVT CORP 2.1%

Value ($000) $5,335 Shares 528,742 Est. Cost $10.09 Unrealized —

— EMMIS ACQUISITION CORP. 2.0%

Value ($000) $5,224 Shares 523,200 Est. Cost $9.99 Unrealized —

BDCIU BTC DEV CORP 1.9%

Value ($000) $5,050 Shares 500,000 Est. Cost $10.10 Unrealized —

PCSC PERCEPTIVE CAP SOLUTIONS COR 1.5%

Value ($000) $4,019 Shares 379,121 Est. Cost $10.15 Unrealized +11.1%

APACU STONEBRIDGE ACQUISITION II C 1.5%

Value ($000) $3,954 Shares 396,557 Est. Cost $9.97 Unrealized —

— NABORS ENERGY TRANSITION COR 1.0%

Value ($000) $2,721 Shares 242,700 Est. Cost $11.21 Unrealized —

— THE ODP CORP 1.0%

Value ($000) $2,647 Shares 95,037 Est. Cost $27.85 Unrealized —

HVMCU HIGHVIEW MERGER CORP 0.8%

Value ($000) $2,024 Shares 200,000 Est. Cost $10.12 Unrealized —

SVIRF SPRING VALLEY ACQUISTN CORP 0.1%

Value ($000) $386 Shares 741,376 Est. Cost $0.10 Unrealized —

XRPNW ARMADA ACQUISITION CORP II 0.1%

Value ($000) $220 Shares 231,385 Est. Cost $0.33 Unrealized —

— MERUS N V 0.1%

Value ($000) $188 Shares 2,000 Est. Cost $94.15 Unrealized —

IPEXR MAYWOOD ACQUISITION CORP 0.1%

Value ($000) $150 Shares 250,000 Est. Cost $0.60 Unrealized —

LEGT/WS LEGATO MERGER CORP III 0.0%

Value ($000) $94 Shares 252,676 Est. Cost $0.17 Unrealized —

AACBR ARTIUS II ACQUISITION INC 0.0%

Value ($000) $85 Shares 355,203 Est. Cost $0.24 Unrealized —

POLEW ANDRETTI ACQUISITION CORP II 0.0%

Value ($000) $80 Shares 400,320 Est. Cost $0.14 Unrealized —

VCICW VINE HILL CAP INVT CORP. 0.0%

Value ($000) $80 Shares 50,000 Est. Cost $1.60 Unrealized —

BACCR BLUE ACQUISITION CORP. 0.0%

Value ($000) $35 Shares 215,371 Est. Cost $0.16 Unrealized —

BACQR BLEICHROEDER ACQUISITION COR 0.0%

Value ($000) $32 Shares 47,423 Est. Cost $0.17 Unrealized —

HYAC/WS HAYMAKER ACQUISITION CORP IV 0.0%

Value ($000) $8 Shares 19,068 Est. Cost $0.17 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GTLS	CHART INDS INC	137,732	$27,567	10.6%	$190.05	+6.6%	—	16115Q308
AL	AIR LEASE CORP	349,526	$22,247	8.6%	$59.40	+7.2%	—	00912X302
ELME	ELME COMMUNITIES	514,233	$8,670	3.3%	$16.86	—	—	939653101
GTLS	CHART INDS INC	40,000	$8,006	3.1%	$190.05	+6.6%	CALL	16115Q308
—	MERUS N V	83,728	$7,883	3.0%	$94.15	—	—	N5749R100
SBXD	SILVERBOX CORP IV	674,754	$7,065	2.7%	$10.50	+0.4%	—	G81354105
DNOW	DNOW INC	458,068	$6,986	2.7%	$15.09	-7.0%	—	67011P100
GSRFU	GSR IV ACQUISITION CORP	683,900	$6,931	2.7%	$10.14	—	—	G4R12K123
BCSS/U	BAIN CAP GSS INVT CORP	528,742	$5,335	2.1%	$10.09	—	—	G0R78B122
—	EMMIS ACQUISITION CORP.	523,200	$5,224	2.0%	$9.99	—	—	G3037D121
BDCIU	BTC DEV CORP	500,000	$5,050	1.9%	$10.10	—	—	G0701G125
PCSC	PERCEPTIVE CAP SOLUTIONS COR	379,121	$4,019	1.5%	$10.15	+11.1%	—	G70077105
APACU	STONEBRIDGE ACQUISITION II C	396,557	$3,954	1.5%	$9.97	—	—	G85096124
—	NABORS ENERGY TRANSITION COR	242,700	$2,721	1.0%	$11.21	—	—	G6363K106
—	THE ODP CORP	95,037	$2,647	1.0%	$27.85	—	—	88337F105
HVMCU	HIGHVIEW MERGER CORP	200,000	$2,024	0.8%	$10.12	—	—	G4569C127
SVIRF	SPRING VALLEY ACQUISTN CORP	741,376	$386	0.1%	$0.10	—	—	G83752132
XRPNW	ARMADA ACQUISITION CORP II	231,385	$220	0.1%	$0.33	—	—	G0R38G112
—	MERUS N V	2,000	$188	0.1%	$94.15	—	PUT	N5749R100
IPEXR	MAYWOOD ACQUISITION CORP	250,000	$150	0.1%	$0.60	—	—	G6001J131
LEGT/WS	LEGATO MERGER CORP III	252,676	$94	0.0%	$0.17	—	—	G5451A111
AACBR	ARTIUS II ACQUISITION INC	355,203	$85	0.0%	$0.24	—	—	G0509J123
POLEW	ANDRETTI ACQUISITION CORP II	400,320	$80	0.0%	$0.14	—	—	G26745128
VCICW	VINE HILL CAP INVT CORP.	50,000	$80	0.0%	$1.60	—	—	G93Y09115
BACCR	BLUE ACQUISITION CORP.	215,371	$35	0.0%	$0.16	—	—	G1331A116
BACQR	BLEICHROEDER ACQUISITION COR	47,423	$32	0.0%	$0.17	—	—	G1169T138
HYAC/WS	HAYMAKER ACQUISITION CORP IV	19,068	$8	0.0%	$0.17	—	—	G4375F116

Decreased Positions (7)

— CYBERARK SOFTWARE LTD 7.1%

Value ($000) $18,340 (-49.4%) Shares 41,115 (-45.2%) Est. Cost $483.15 Unrealized —

WLAC WILLOW LANE ACQUISITION CORP 1.0%

Value ($000) $2,521 (-39.9%) Shares 199,480 (-45.0%) Est. Cost $10.55 Unrealized +16.6%

CTLP CANTALOUPE INC 0.1%

Value ($000) $212 (-49.8%) Shares 20,000 (-50.0%) Est. Cost — Unrealized —

RANGR RANGE CAP ACQUISITION CORP 0.0%

Value ($000) $52 (-77.7%) Shares 116,572 (-76.7%) Est. Cost $0.17 Unrealized —

OACCW OAKTREE ACQUISITION CORP III 0.0%

Value ($000) $105 (-27.5%) Shares 147,502 (-23.4%) Est. Cost $0.87 Unrealized —

EGHAR EGH ACQUISITION CORP. 0.0%

Value ($000) $48 (-29.8%) Shares 190,134 (-41.1%) Est. Cost $0.22 Unrealized —

MLACR MOUNTAIN LAKE ACQUISITION CO 0.0%

Value ($000) $17 (-13.2%) Shares 69,665 (-45.7%) Est. Cost $0.18 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	CYBERARK SOFTWARE LTD	41,115 (-45.2%)	$18,340 (-49.4%)	7.1%	$483.15	—	SHS	M2682V108
WLAC	WILLOW LANE ACQUISITION CORP	199,480 (-45.0%)	$2,521 (-39.9%)	1.0%	$10.55	+16.6%	ORD SHS CL A	G9675P102
CTLP	CANTALOUPE INC	20,000 (-50.0%)	$212 (-49.8%)	0.1%	—	—	CALL	138103106
RANGR	RANGE CAP ACQUISITION CORP	116,572 (-76.7%)	$52 (-77.7%)	0.0%	$0.17	—	RIGHT 99/99/9999	G7375C116
OACCW	OAKTREE ACQUISITION CORP III	147,502 (-23.4%)	$105 (-27.5%)	0.0%	$0.87	—	*W EXP 09/01/203	G6717R112
EGHAR	EGH ACQUISITION CORP.	190,134 (-41.1%)	$48 (-29.8%)	0.0%	$0.22	—	RIGHT 99/99/9999	G2946P118
MLACR	MOUNTAIN LAKE ACQUISITION CO	69,665 (-45.7%)	$17 (-13.2%)	0.0%	$0.18	—	RIGHT 11/15/2028	G6301B127

Unchanged Positions (11)

COPL/WS COPLEY ACQUISITION CORP 0.0%

Value ($000) $91 Shares 353,910 Est. Cost $0.17 Unrealized —

AXINR AXIOM INTELLIGENCE AC CORP 1 0.0%

Value ($000) $74 Shares 350,000 Est. Cost $0.16 Unrealized —

CHPGR CHAMPIONSGATE ACQUISITION CO 0.0%

Value ($000) $32 Shares 172,103 Est. Cost $0.10 Unrealized —

SBCWW SBC MED GROUP HLDGS INC 0.1%

Value ($000) $240 Shares 1,181,391 Est. Cost $0.24 Unrealized —

OYSER OYSTER ENTERPRISES II ACQUIS 0.0%

Value ($000) $37 Shares 183,091 Est. Cost $0.17 Unrealized —

CAPNR CAYSON ACQUISITION CORP 0.0%

Value ($000) $23 Shares 102,635 Est. Cost $0.12 Unrealized —

TGE/WS GENERATION ESSENTIALS GROUP 0.0%

Value ($000) $31 Shares 203,834 Est. Cost $0.40 Unrealized —

IBACR IB ACQUISITION CORP 0.0%

Value ($000) $36 Shares 459,411 Est. Cost $0.07 Unrealized —

CDTTW CDT EQUITY INC 0.0%

Value ($000) $2 Shares 400,000 Est. Cost $0.01 Unrealized —

FVNNR FUTURE VISION II ACQUISITION 0.0%

Value ($000) $4 Shares 30,790 Est. Cost $0.14 Unrealized —

ALCYW ALCHEMY INVTS ACQUISITN CORP 0.0%

Value ($000) $3 Shares 13,179 Est. Cost $0.09 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
COPL/WS	COPLEY ACQUISITION CORP	353,910	$91	0.0%	$0.17	—	*W EXP 99/99/999	G24243126
AXINR	AXIOM INTELLIGENCE AC CORP 1	350,000	$74	0.0%	$0.16	—	RIGHT 06/10/2030	G0750N112
CHPGR	CHAMPIONSGATE ACQUISITION CO	172,103	$32	0.0%	$0.10	—	RIGHT 05/14/2030	G2124S116
SBCWW	SBC MED GROUP HLDGS INC	1,181,391	$240	0.1%	$0.24	—	*W EXP 09/17/202	73245B115
OYSER	OYSTER ENTERPRISES II ACQUIS	183,091	$37	0.0%	$0.17	—	RIGHT 05/22/2030	G6861F138
CAPNR	CAYSON ACQUISITION CORP	102,635	$23	0.0%	$0.12	—	RIGHT 99/99/9999	G1993W117
TGE/WS	GENERATION ESSENTIALS GROUP	203,834	$31	0.0%	$0.40	—	*W EXP 02/15/202	G38268119
IBACR	IB ACQUISITION CORP	459,411	$36	0.0%	$0.07	—	RIGHT 03/28/2026	44934N116
CDTTW	CDT EQUITY INC	400,000	$2	0.0%	$0.01	—	*W EXP 09/22/202	20678X114
FVNNR	FUTURE VISION II ACQUISITION	30,790	$4	0.0%	$0.14	—	RIGHT 06/29/2029	G37068114
ALCYW	ALCHEMY INVTS ACQUISITN CORP	13,179	$3	0.0%	$0.09	—	*W EXP 11/30/202	G0232F133