D. BORAL ARC ACQ I CORP.

Ticker: BCAR CUSIP: G2616F101 Class: SHS CL A

TENOR CAPITAL MANAGEMENT Co., L.P.'s Holding History (CIK: 0001346554)

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

Q4 2025
Shares 250,000 Value ($000) $2,508 Avg Close $10.03 Range $9.92 - $10.09
Q3 2025
Shares 250,000 Value ($000) $2,483 Avg Close $9.91 Range $9.88 - $9.95