AMBAC FINL GROUP INC

Ticker: OSG CUSIP: 023139884 Class: Common Stock

VELA Investment Management, LLC's Holding History (CIK: 0001895612)

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

Q4 2025

Shares 178,752 Value ($000) $1,391 Avg Close $8.55 Range $7.63 - $10.38

Q3 2025

Shares 180,089 Value ($000) $1,502 Avg Close $8.45 Range $6.86 - $10.05

Q2 2025

Shares 122,770 Value ($000) $872 Avg Close $7.45 Range $5.99 - $8.69

Q1 2025

Shares 92,412 Value ($000) $809 Avg Close $10.53 Range $7.92 - $12.84

Q4 2024

Shares 62,584 Value ($000) $792 Avg Close $12.05 Range $10.83 - $13.64

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	178,752	$1,391	$8.55	$7.63 - $10.38
Q3 2025	180,089	$1,502	$8.45	$6.86 - $10.05
Q2 2025	122,770	$872	$7.45	$5.99 - $8.69
Q1 2025	92,412	$809	$10.53	$7.92 - $12.84
Q4 2024	62,584	$792	$12.05	$10.83 - $13.64