CHURCHILL CAP CORP XI

Ticker: CCXIU CUSIP: G2131A124 Class: UNIT 12/10/2030

Holders for Q4 2025 Position Changes for Q4 2025

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

New Positions (73)

MMCAP International Inc. SPC
Value ($000) $27,567 Shares 2,700,000
Fort Baker Capital Management LP
Value ($000) $23,003 Shares 2,252,979
HEIGHTS CAPITAL MANAGEMENT, INC
Value ($000) $5,095 Shares 499,000
Empyrean Capital Partners, LP
Value ($000) $35,735 Shares 3,500,000
Anson Funds Management LP
Value ($000) $13,283 Shares 1,300,974
Periscope Capital Inc.
Value ($000) $5,034 Shares 493,000
HGC Investment Management Inc.
Value ($000) $2,042 Shares 200,000
Polar Asset Management Partners Inc.
Value ($000) $20,420 Shares 2,000,000
Magnetar Financial LLC
Value ($000) $27,567 Shares 2,700,000
GABELLI & Co INVESTMENT ADVISERS, INC.
Value ($000) $1,803 Shares 176,600
Sculptor Capital LP
Value ($000) $20,420 Shares 2,000,000
MOORE CAPITAL MANAGEMENT, LP
Value ($000) $10,210 Shares 1,000,000
BlueCrest Capital Management Ltd
Value ($000) $5,105 Shares 500,000
ARISTEIA CAPITAL, L.L.C.
Value ($000) $5,105 Shares 500,000
PICTON MAHONEY ASSET MANAGEMENT
Value ($000) $7,658 Shares 750,000
Alberta Investment Management Corp
Value ($000) $15,315 Shares 1,500,000
TENOR CAPITAL MANAGEMENT Co., L.P.
Value ($000) $7,658 Shares 750,000
Shaolin Capital Management LLC
Value ($000) $3,063 Shares 300,000
Governors Lane LP
Value ($000) $1,445 Shares 141,506
Boussard & Gavaudan Investment Management LLP
Value ($000) $1,025 Shares 100,000