PHOENIX BIOTECH ACQUISITION

Ticker: CEROW CUSIP: 71902K113 Class: *W EXP 02/13/202

MMCAP International Inc. SPC's Holding History (CIK: 0001304857)

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

Q3 2025
Shares 375,000 Value ($000) $5 Avg Close — Range —
Q2 2025
Shares 375,000 Value ($000) $9 Avg Close — Range —
Q1 2025
Shares 375,000 Value ($000) $5 Avg Close — Range —
Q4 2024
Shares 375,000 Value ($000) $3 Avg Close — Range —
Q3 2024
Shares 375,000 Value ($000) $2 Avg Close — Range —
Q2 2024
Shares 375,000 Value ($000) $8 Avg Close — Range —
Q1 2024
Shares 375,000 Value ($000) $26 Avg Close — Range —
Q4 2023
Shares 375,000 Value ($000) $9 Avg Close — Range —
Q3 2023
Shares 375,000 Value ($000) $27 Avg Close — Range —
Q2 2023
Shares 375,000 Value ($000) $23 Avg Close — Range —
Q1 2023
Shares 375,000 Value ($000) $15 Avg Close — Range —
Q4 2022
Shares 375,000 Value ($000) $16 Avg Close — Range —
Q3 2022
Shares 375,000 Value ($000) $30 Avg Close — Range —
Q2 2022
Shares 375,000 Value ($000) $38 Avg Close — Range —
Q1 2022
Shares 375,000 Value ($000) $82 Avg Close — Range —
Q4 2021
Shares 125,000 Value ($000) $53 Avg Close — Range —