ARMADA ACQUISITION CORP II

Ticker: XRPNW CUSIP: G0R38G112 Class: *W EXP 05/21/203

Walleye Capital LLC's Holding History (CIK: 0001758720)

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

Q4 2025
Shares 75,000 Value ($000) $67 Avg Close — Range —
Q3 2025
Shares 62,500 Value ($000) $59 Avg Close — Range —
Q2 2025
Shares 62,500 Value ($000) $17 Avg Close — Range —