BAYVIEW ACQUISITION CORP

Ticker: BAYA CUSIP: 07323B100 Class: ORD SHS

Holders for Q4 2025 Position Changes for Q4 2025

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

New Positions (1)

Polar Asset Management Partners Inc.

Value ($000) $1,331 Shares 112,811

Institution	Shares	Value ($000)
Polar Asset Management Partners Inc.	112,811	$1,331

Increased Positions (2)

Clear Street Group Inc.

Value ($000) $334 (+2875.4%) Shares 33,354 (+2875.4%)

Value ($000) $0 (+10.5%) Shares 32 (+6.7%)

Institution	Prev Shares	Curr Shares	Change
Clear Street Group Inc.	1,121	33,354	+32,233 (+2875.4%)
MORGAN STANLEY	30	32	+2 (+6.7%)

Decreased Positions (4)

METEORA CAPITAL, LLC

Value ($000) $2,336 (-39.2%) Shares 196,631 (-41.3%)

Value ($000) $730 (-48.3%) Shares 61,475 (-50.0%)

BERKLEY W R CORP

Value ($000) $1,772 (-48.3%) Shares 149,185 (-50.0%)

MIZUHO SECURITIES USA LLC

Value ($000) $2,726 (-20.8%) Shares 245,564 (-21.5%)

Institution	Prev Shares	Curr Shares	Change
METEORA CAPITAL, LLC	334,800	196,631	-138,169 (-41.3%)
Quarry LP	122,950	61,475	-61,475 (-50.0%)
BERKLEY W R CORP	298,371	149,185	-149,186 (-50.0%)
MIZUHO SECURITIES USA LLC	312,764	245,564	-67,200 (-21.5%)

Exited Positions (6)

First Trust Capital Management L.P.

Value ($000) $1,473 Shares 128,340

Westchester Capital Management, LLC

Value ($000) $1,892 Shares 170,000

WOLVERINE ASSET MANAGEMENT LLC

Value ($000) $2,330 Shares 202,976

PenderFund Capital Management Ltd.

Value ($000) $19 Shares 1,678

TORONTO DOMINION BANK

Value ($000) $20 Shares 1,725

Value ($000) $3 Shares 228

Institution	Prev Shares	Prev Value ($000)
First Trust Capital Management L.P.	128,340	$1,473
Westchester Capital Management, LLC	170,000	$1,892
WOLVERINE ASSET MANAGEMENT LLC	202,976	$2,330
PenderFund Capital Management Ltd.	1,678	$19
TORONTO DOMINION BANK	1,725	$20
UBS Group AG	228	$3