RK Capital Management, LLC/FL Hedge Fund

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
NVDA	NVIDIA CORPORATION	4,996,100	$931,773	24.4%	$186.13	0.0%	PUT	67066G104
NVDA	NVIDIA CORPORATION	4,447,600	$829,477	21.7%	$186.13	0.0%	COM	67066G104
TSLA	TESLA INC	681,700	$306,574	8.0%	$443.29	0.0%	PUT	88160R101
AMZN	AMAZON COM INC	1,312,500	$302,951	7.9%	$228.79	0.0%	PUT	023135106
TSLA	TESLA INC	456,700	$205,387	5.4%	$443.29	0.0%	COM	88160R101
AMZN	AMAZON COM INC	875,000	$201,968	5.3%	$228.79	0.0%	COM	023135106
TSLA	TESLA INC	231,700	$104,200	2.7%	$443.29	0.0%	CALL	88160R101
NVDA	NVIDIA CORPORATION	548,500	$102,295	2.7%	$186.13	0.0%	CALL	67066G104
AMZN	AMAZON COM INC	437,500	$100,984	2.6%	$228.79	0.0%	CALL	023135106
AVGO	BROADCOM INC	285,000	$98,639	2.6%	$357.00	0.0%	COM	11135F101
AVGO	BROADCOM INC	285,000	$98,639	2.6%	$357.00	0.0%	PUT	11135F101
AMD	ADVANCED MICRO DEVICES INC	360,000	$77,098	2.0%	$224.60	0.0%	PUT	007903107
AMD	ADVANCED MICRO DEVICES INC	360,000	$77,098	2.0%	$224.60	0.0%	COM	007903107
PLTR	PALANTIR TECHNOLOGIES INC	350,000	$62,213	1.6%	$181.03	0.0%	PUT	69608A108
PLTR	PALANTIR TECHNOLOGIES INC	350,000	$62,213	1.6%	$181.03	0.0%	CL A	69608A108
UNH	UNITEDHEALTH GROUP INC	185,000	$61,070	1.6%	$337.21	0.0%	PUT	91324P102
UNH	UNITEDHEALTH GROUP INC	185,000	$61,070	1.6%	$337.21	0.0%	COM	91324P102
NFLX	NETFLIX INC	650,000	$60,944	1.6%	$107.81	0.0%	COM	64110L106
NFLX	NETFLIX INC	650,000	$60,944	1.6%	$107.81	0.0%	PUT	64110L106
IBIT	ISHARES BITCOIN TRUST ETF	79,000	$3,922	0.1%	—	—	PUT	46438F101
BRR	PROCAP FINL INC	352,665	$1,245	0.0%	$7.98	0.0%	COM SHS	74277P105
MSTR	STRATEGY INC	6,477	$984	0.0%	$230.22	0.0%	CL A NEW	594972408
MRVL	MARVELL TECHNOLOGY INC	10,000	$850	0.0%	$87.46	0.0%	COM	573874104
DFDV	DEFI DEVELOPMENT CORP	124,882	$631	0.0%	$9.52	0.0%	COM	47100L301
XRPNW	ARMADA ACQUISITION CORP II	166,711	$148	0.0%	$0.89	—	*W EXP 05/21/203	G0R38G112

Exited Positions (12)

SPY SPDR S&P 500 ETF TR 166.8%

Value ($000) $6,382,337 Shares 9,580,500 Est. Cost $526.06 Unrealized —

SPY SPDR S&P 500 ETF TR 166.3%

Value ($000) $6,362,019 Shares 9,550,000 Est. Cost $526.06 Unrealized —

DFDV DEFI DEVELOPMENT CORP 0.2%

Value ($000) $6,761 Shares 441,600 Est. Cost $9.52 Unrealized 0.0%

RNA AVIDITY BIOSCIENCES INC 0.1%

Value ($000) $2,553 Shares 58,600 Est. Cost $40.43 Unrealized +59.8%

RNA AVIDITY BIOSCIENCES INC 0.0%

Value ($000) $1,682 Shares 38,600 Est. Cost $40.43 Unrealized +59.8%

SUIG SUI GROUP HOLDINGS LIMITED 0.0%

Value ($000) $1,122 Shares 290,721 Est. Cost $4.52 Unrealized -42.8%

LOKV LIVE OAK ACQUISITION CORP V 0.0%

Value ($000) $1,037 Shares 101,900 Est. Cost $10.26 Unrealized +0.1%

BITO PROSHARES TR 0.0%

Value ($000) $1,002 Shares 50,900 Est. Cost $20.84 Unrealized —

BZAI BLAIZE HLDGS INC 0.0%

Value ($000) $844 Shares 244,777 Est. Cost $3.56 Unrealized -9.1%

MCGA YORKVILLE ACQUISITION CORP. 0.0%

Value ($000) $777 Shares 72,908 Est. Cost $10.72 Unrealized -3.9%

DJT TRUMP MEDIA & TECHNOLOGY GRO 0.0%

Value ($000) $320 Shares 19,490 Est. Cost $21.75 Unrealized -37.3%

LOKVW LIVE OAK ACQUISITION CORP V 0.0%

Value ($000) $5 Shares 10,052 Est. Cost $0.70 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SPY	SPDR S&P 500 ETF TR	9,580,500	$6,382,337	166.8%	$526.06	—	PUT	78462F103
SPY	SPDR S&P 500 ETF TR	9,550,000	$6,362,019	166.3%	$526.06	—	CALL	78462F103
DFDV	DEFI DEVELOPMENT CORP	441,600	$6,761	0.2%	$9.52	0.0%	PUT	47100L301
RNA	AVIDITY BIOSCIENCES INC	58,600	$2,553	0.1%	$40.43	+59.8%	—	05370A108
RNA	AVIDITY BIOSCIENCES INC	38,600	$1,682	0.0%	$40.43	+59.8%	PUT	05370A108
SUIG	SUI GROUP HOLDINGS LIMITED	290,721	$1,122	0.0%	$4.52	-42.8%	—	59982U200
LOKV	LIVE OAK ACQUISITION CORP V	101,900	$1,037	0.0%	$10.26	+0.1%	—	G5509P102
BITO	PROSHARES TR	50,900	$1,002	0.0%	$20.84	—	—	74347G440
BZAI	BLAIZE HLDGS INC	244,777	$844	0.0%	$3.56	-9.1%	—	092915107
MCGA	YORKVILLE ACQUISITION CORP.	72,908	$777	0.0%	$10.72	-3.9%	—	G98659116
DJT	TRUMP MEDIA & TECHNOLOGY GRO	19,490	$320	0.0%	$21.75	-37.3%	—	25400Q105
LOKVW	LIVE OAK ACQUISITION CORP V	10,052	$5	0.0%	$0.70	—	—	G5509P110

Decreased Positions (5)

SPY SPDR S&P 500 ETF TR 0.2%

Value ($000) $7,001 (-74.2%) Shares 10,267 (-74.8%) Est. Cost $526.06 Unrealized —

PFEB INNOVATOR ETFS TRUST 0.0%

Value ($000) $969 (-92.5%) Shares 23,800 (-92.7%) Est. Cost $35.82 Unrealized —

NAKA KINDLY MD INC 0.0%

Value ($000) $972 (-90.5%) Shares 2,769,836 (-71.1%) Est. Cost $7.93 Unrealized -91.8%

EMPD EMPERY DIGITAL INC 0.0%

Value ($000) $237 (-88.8%) Shares 51,905 (-81.5%) Est. Cost $9.03 Unrealized -35.3%

UNOV INNOVATOR ETFS TRUST 0.1%

Value ($000) $2,536 (-36.8%) Shares 66,637 (-37.8%) Est. Cost $36.09 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SPY	SPDR S&P 500 ETF TR	10,267 (-74.8%)	$7,001 (-74.2%)	0.2%	$526.06	—	TR UNIT	78462F103
PFEB	INNOVATOR ETFS TRUST	23,800 (-92.7%)	$969 (-92.5%)	0.0%	$35.82	—	US EQTY PWR BUF	45782C417
NAKA	KINDLY MD INC	2,769,836 (-71.1%)	$972 (-90.5%)	0.0%	$7.93	-91.8%	COM	49457M106
EMPD	EMPERY DIGITAL INC	51,905 (-81.5%)	$237 (-88.8%)	0.0%	$9.03	-35.3%	COM NEW	92864V608
UNOV	INNOVATOR ETFS TRUST	66,637 (-37.8%)	$2,536 (-36.8%)	0.1%	$36.09	—	US EQTY ULTRA BU	45782C565

Unchanged Positions (2)

NOCT INNOVATOR ETFS TRUST 0.0%

Value ($000) $579 Shares 10,000 Est. Cost $54.50 Unrealized —

LZM/WS LIFEZONE METALS LIMITED 0.0%

Value ($000) $8 Shares 18,300 Est. Cost $0.39 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
NOCT	INNOVATOR ETFS TRUST	10,000	$579	0.0%	$54.50	—	GRWT100 PWR BUF	45782C615
LZM/WS	LIFEZONE METALS LIMITED	18,300	$8	0.0%	$0.39	—	*W EXP 07/05/202	G5568L117