AR CAP ACQUISITION CORP

CUSIP: 00191R117 Class: *W EXP 10/06/201

Hudson Bay Capital Management LP's Holding History (CIK: 0001393825)

Note: Option positions (PUT/CALL) are excluded.

Q1 2015
Shares 98,300 Value ($000) $44 Avg Close — Range —
Q4 2014
Shares 98,300 Value ($000) $24 Avg Close — Range —