AXIOM INTELLIGENCE AC CORP 1

Ticker: AXINR CUSIP: G0750N112 Class: RIGHT 06/10/2030

Holders for Q4 2025 Position Changes for Q4 2025

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

New Positions (6)

Fort Baker Capital Management LP

Value ($000) $53 Shares 250,000

Alberta Investment Management Corp

Value ($000) $105 Shares 500,000

Westchester Capital Management, LLC

Value ($000) $37 Shares 175,000

READYSTATE ASSET MANAGEMENT LP

Value ($000) $37 Shares 175,000

HEIGHTS CAPITAL MANAGEMENT, INC

Value ($000) $11 Shares 50,000

BNP PARIBAS ARBITRAGE, SA

Value ($000) $60 Shares 286,274

Institution	Shares	Value ($000)
Fort Baker Capital Management LP	250,000	$53
Alberta Investment Management Corp	500,000	$105
Westchester Capital Management, LLC	175,000	$37
READYSTATE ASSET MANAGEMENT LP	175,000	$37
HEIGHTS CAPITAL MANAGEMENT, INC	50,000	$11
BNP PARIBAS ARBITRAGE, SA	286,274	$60

Increased Positions (7)

Radcliffe Capital Management, L.P.

Value ($000) $92 (-77.4%) Shares 408,802 (+900.0%)

METEORA CAPITAL, LLC

Value ($000) $271 (+215.3%) Shares 1,288,895 (+140.2%)

Harraden Circle Investments, LLC

Value ($000) $97 (+345.6%) Shares 463,259 (+239.5%)

TORONTO DOMINION BANK

Value ($000) $179 (+458.1%) Shares 852,154 (+325.2%)

MILLENNIUM MANAGEMENT LLC

Value ($000) $108 (+154.9%) Shares 513,750 (+94.2%)

Periscope Capital Inc.

Value ($000) $84 (+40.8%) Shares 402,245 (+7.3%)

StoneX Group Inc.

Value ($000) $10 (+159.6%) Shares 49,676 (+97.7%)

Institution	Prev Shares	Curr Shares	Change
Radcliffe Capital Management, L.P.	40,880	408,802	+367,922 (+900.0%)
METEORA CAPITAL, LLC	536,595	1,288,895	+752,300 (+140.2%)
Harraden Circle Investments, LLC	136,459	463,259	+326,800 (+239.5%)
TORONTO DOMINION BANK	200,399	852,154	+651,755 (+325.2%)
MILLENNIUM MANAGEMENT LLC	264,500	513,750	+249,250 (+94.2%)
Periscope Capital Inc.	375,000	402,245	+27,245 (+7.3%)
StoneX Group Inc.	25,121	49,676	+24,555 (+97.7%)

Decreased Positions (7)

AQR Arbitrage LLC

Value ($000) $192 (+6.6%) Shares 913,726 (-23.9%)

Schonfeld Strategic Advisors LLC

Value ($000) $49 (-23.5%) Shares 233,028 (-41.7%)

WOLVERINE ASSET MANAGEMENT LLC

Value ($000) $7 (-71.9%) Shares 32,020 (-78.6%)

Parallax Volatility Advisers, L.P.

Value ($000) $9 (-67.3%) Shares 40,600 (-75.1%)

Shaolin Capital Management LLC

Value ($000) $137 (+21.9%) Shares 650,000 (-7.1%)

Clear Street Group Inc.

Value ($000) $44 (+26.8%) Shares 210,280 (-3.4%)

GLAZER CAPITAL, LLC

Value ($000) $0 (-12.1%) Shares 723,172 (-33.3%)

Institution	Prev Shares	Curr Shares	Change
AQR Arbitrage LLC	1,200,000	913,726	-286,274 (-23.9%)
Schonfeld Strategic Advisors LLC	400,000	233,028	-166,972 (-41.7%)
WOLVERINE ASSET MANAGEMENT LLC	149,450	32,020	-117,430 (-78.6%)
Parallax Volatility Advisers, L.P.	162,744	40,600	-122,144 (-75.1%)
Shaolin Capital Management LLC	700,000	650,000	-50,000 (-7.1%)
Clear Street Group Inc.	217,732	210,280	-7,452 (-3.4%)
GLAZER CAPITAL, LLC	1,084,013	723,172	-360,841 (-33.3%)

Exited Positions (5)

MANGROVE PARTNERS IM, LLC

Value ($000) $72 Shares 450,000

OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AM

Value ($000) $28 Shares 175,000

Weiss Asset Management LP

Value ($000) $6 Shares 39,548

Bulldog Investors, LLP

Value ($000) $3 Shares 18,000

Virtu Financial LLC

Value ($000) $0 Shares 142,493

Institution	Prev Shares	Prev Value ($000)
MANGROVE PARTNERS IM, LLC	450,000	$72
OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AM	175,000	$28
Weiss Asset Management LP	39,548	$6
Bulldog Investors, LLP	18,000	$3
Virtu Financial LLC	142,493	$0