ARMADA ACQUISITION CORP II

Ticker: XRPNU CUSIP: G0R38G120 Class: UNIT 05/21/2030

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

InstitutionSharesValue ($000)
Karpus Management, Inc.299,800$3,178
READYSTATE ASSET MANAGEMENT LP99,086$1,072
Clear Street Group Inc.5,669$62
UBS Group AG1,232$13
NATIONAL BANK OF CANADA /FI/27$0
Total (5 institutions)405,814$4,325