BLACK HAWK ACQUISITION CORP

Ticker: BKHA CUSIP: G1148A101 Class: USD CL A SHS

PenderFund Capital Management Ltd.'s Holding History (CIK: 0001706164)

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

Q3 2025

Shares 967 Value ($000) $11 Avg Close $10.98 Range $10.64 - $11.49

Q2 2025

Shares 967 Value ($000) $10 Avg Close $10.60 Range $10.53 - $10.89

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2025	967	$11	$10.98	$10.64 - $11.49
Q2 2025	967	$10	$10.60	$10.53 - $10.89