AMERICAN DRIVE ACQUISITION C

Ticker: ADACU CUSIP: G0R91M121 Class: UNIT 12/04/2030

Holders for Q4 2025 Position Changes for Q4 2025

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

New Positions (63)

HGC Investment Management Inc.
Value ($000) $7,478 Shares 750,000
MMCAP International Inc. SPC
Value ($000) $9,970 Shares 1,000,000
Tuttle Capital Management, LLC
Value ($000) $199 Shares 20,000
Radcliffe Capital Management, L.P.
Value ($000) $5,982 Shares 600,000
AQR Arbitrage LLC
Value ($000) $10,629 Shares 1,064,004
KRYGER CAPITAL Ltd
Value ($000) $2,941 Shares 295,000
ARISTEIA CAPITAL, L.L.C.
Value ($000) $10,137 Shares 1,016,800
First Trust Capital Management L.P.
Value ($000) $3,852 Shares 386,399
Ghisallo Capital Management LLC
Value ($000) $4,995 Shares 500,000
TIG Advisors, LLC
Value ($000) $3,988 Shares 400,000
TENOR CAPITAL MANAGEMENT Co., L.P.
Value ($000) $12,463 Shares 1,250,000
Mint Tower Capital Management B.V.
Value ($000) $3 Shares 300,000
SYQUANT CAPITAL SAS
Value ($000) $2 Shares 200,000
BlueCrest Capital Management Ltd
Value ($000) $4,985 Shares 500,000
Polar Asset Management Partners Inc.
Value ($000) $9,970 Shares 1,000,000
HEIGHTS CAPITAL MANAGEMENT, INC
Value ($000) $500 Shares 50,000
Shaolin Capital Management LLC
Value ($000) $3,490 Shares 350,000
PICTON MAHONEY ASSET MANAGEMENT
Value ($000) $7,478 Shares 750,000
Context Capital Management, LLC
Value ($000) $3,988 Shares 400,000
CSS LLC/IL
Value ($000) $2,493 Shares 250,000