ARCHER AVIATION INC

Ticker: ACHR/WS CUSIP: 03945R110 Class: *W EXP 09/16/202

Holders for Q4 2025 Position Changes for Q4 2025

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

New Positions (3)

Fort Baker Capital Management LP
Value ($000) $434 Shares 378,861
Rockefeller Capital Management L.P.
Value ($000) $0 Shares 100
Virtu Financial LLC
Value ($000) $0 Shares 30,187

Increased Positions (5)

ZAZOVE ASSOCIATES LLC
Value ($000) $1,142 (+420.1%) Shares 997,040 (+897.0%)
Ionic Capital Management LLC
Value ($000) $93 (+144.9%) Shares 81,329 (+368.5%)
Caption Management, LLC
Value ($000) $187 (+1477.5%) Shares 163,311 (+2917.0%)
WOLVERINE ASSET MANAGEMENT LLC
Value ($000) $39 (-19.3%) Shares 33,635 (+54.3%)
LMR Partners LLP
Value ($000) $1,225 (-47.2%) Shares 1,069,986 (+1.0%)

Decreased Positions (3)

ARISTEIA CAPITAL, L.L.C.
Value ($000) $1,882 (-58.7%) Shares 1,643,756 (-20.8%)
Walleye Capital LLC
Value ($000) $115 (-86.8%) Shares 100,000 (-74.8%)
BOOTHBAY FUND MANAGEMENT, LLC
Value ($000) $4,362 (-22.7%) Shares 580,000 (-1.5%)

Exited Positions (5)

METEORA CAPITAL, LLC
Value ($000) $1,229 Shares 561,000
CSS LLC/IL
Value ($000) $96 Shares 43,837
LINDEN ADVISORS LP
Value ($000) $323 Shares 147,231
MORGAN STANLEY
Value ($000) $4 Shares 2,021
NATIONAL BANK OF CANADA /FI/
Value ($000) $2 Shares 200