PROFICIENT AUTO LOGISTICS IN

Ticker: PAL CUSIP: 74317M104 Class: Common Stock

EMERALD MUTUAL FUND ADVISERS TRUST's Holding History (CIK: 0001352895)

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

Q3 2025

Shares 273,289 Value ($000) $1,883 Avg Close $7.36 Range $5.88 - $8.51

Q2 2025

Shares 323,289 Value ($000) $2,347 Avg Close $7.81 Range $6.55 - $10.23

Q1 2025

Shares 323,289 Value ($000) $2,706 Avg Close $9.89 Range $7.82 - $11.37

Q4 2024

Shares 141,451 Value ($000) $1,142 Avg Close $9.94 Range $7.24 - $14.84

Q3 2024

Shares 459,356 Value ($000) $6,514 Avg Close $18.06 Range $14.06 - $21.01

Q2 2024

Shares 752,016 Value ($000) $12,077 Avg Close $15.27 Range $14.50 - $16.90

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2025	273,289	$1,883	$7.36	$5.88 - $8.51
Q2 2025	323,289	$2,347	$7.81	$6.55 - $10.23
Q1 2025	323,289	$2,706	$9.89	$7.82 - $11.37
Q4 2024	141,451	$1,142	$9.94	$7.24 - $14.84
Q3 2024	459,356	$6,514	$18.06	$14.06 - $21.01
Q2 2024	752,016	$12,077	$15.27	$14.50 - $16.90