PHOENIX BIOTECH ACQUISITION

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

K2 PRINCIPAL FUND, L.P.'s Holding History (CIK: 0001461790)

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

Q3 2022
Shares 75,000 Value ($000) $6 Avg Close — Range —
Q2 2022
Shares 75,000 Value ($000) $8 Avg Close — Range —
Q1 2022
Shares 75,000 Value ($000) $14 Avg Close — Range —
Q4 2021
Shares 75,000 Value ($000) $32 Avg Close — Range —