AIRSHIP AI HLDGS INC

Ticker: AISPW CUSIP: 008940116 Class: *W EXP 12/21/202

Holders for Q4 2025 Position Changes for Q4 2025

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

New Positions (1)

BOOTHBAY FUND MANAGEMENT, LLC

Value ($000) $207 Shares 71,500

Institution	Shares	Value ($000)
BOOTHBAY FUND MANAGEMENT, LLC	71,500	$207

Increased Positions (5)

LMR Partners LLP

Value ($000) $782 (+299.1%) Shares 977,373 (+733.2%)

Caption Management, LLC

Value ($000) $504 (-9.3%) Shares 630,577 (+89.4%)

WOLVERINE ASSET MANAGEMENT LLC

Value ($000) $162 (-26.7%) Shares 202,411 (+53.0%)

Hudson Bay Capital Management LP

Value ($000) $847 (-50.2%) Shares 1,058,284 (+4.6%)

Value ($000) $1 (-40.4%) Shares 1,200 (+24.4%)

Institution	Prev Shares	Curr Shares	Change
LMR Partners LLP	117,306	977,373	+860,067 (+733.2%)
Caption Management, LLC	332,962	630,577	+297,615 (+89.4%)
WOLVERINE ASSET MANAGEMENT LLC	132,272	202,411	+70,139 (+53.0%)
Hudson Bay Capital Management LP	1,012,084	1,058,284	+46,200 (+4.6%)
UBS Group AG	965	1,200	+235 (+24.4%)

Decreased Positions (4)

HIGHBRIDGE CAPITAL MANAGEMENT LLC

Value ($000) $1,367 (-64.6%) Shares 1,708,795 (-26.1%)

Q Global Advisors, LLC

Value ($000) $0 (-76.2%) Shares 25,090 (-49.9%)

Value ($000) $92 (-63.0%) Shares 114,444 (-22.8%)

Creative Planning

Value ($000) $12 (-64.1%) Shares 15,000 (-25.0%)

Institution	Prev Shares	Curr Shares	Change
HIGHBRIDGE CAPITAL MANAGEMENT LLC	2,313,165	1,708,795	-604,370 (-26.1%)
Q Global Advisors, LLC	50,090	25,090	-25,000 (-49.9%)
CSS LLC/IL	148,227	114,444	-33,783 (-22.8%)
Creative Planning	20,000	15,000	-5,000 (-25.0%)

Exited Positions (3)

SILVERBACK ASSET MANAGEMENT LLC

Value ($000) $21 Shares 12,500

Focus Partners Wealth

Value ($000) $22 Shares 13,000

TORONTO DOMINION BANK

Value ($000) $0 Shares 1

Institution	Prev Shares	Prev Value ($000)
SILVERBACK ASSET MANAGEMENT LLC	12,500	$21
Focus Partners Wealth	13,000	$22
TORONTO DOMINION BANK	1	$0