FIFTH ERA ACQUISITION CORP I

Ticker: FERAR CUSIP: G3415K135 Class: RIGHT 02/21/2030

Holders for Q4 2025 Position Changes for Q4 2025

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

New Positions (4)

DLD Asset Management, LP
Value ($000) $91 Shares 226,476
COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS
Value ($000) $153 Shares 381,600
BNP PARIBAS ARBITRAGE, SA
Value ($000) $138 Shares 346,362
READYSTATE ASSET MANAGEMENT LP
Value ($000) $4 Shares 10,800

Increased Positions (2)

Radcliffe Capital Management, L.P.
Value ($000) $38 (-67.6%) Shares 114,949 (+900.0%)
RIVERNORTH CAPITAL MANAGEMENT, LLC
Value ($000) $160 (+102.8%) Shares 399,872 (+34.4%)

Decreased Positions (9)

HEIGHTS CAPITAL MANAGEMENT, INC
Value ($000) $65 (+1.1%) Shares 162,984 (-33.0%)
AQR Arbitrage LLC
Value ($000) $560 (+18.6%) Shares 1,436,220 (-19.4%)
METEORA CAPITAL, LLC
Value ($000) $40 (-32.0%) Shares 99,794 (-54.9%)
TORONTO DOMINION BANK
Value ($000) $167 (+36.7%) Shares 417,134 (-9.4%)
Shaolin Capital Management LLC
Value ($000) $220 (+44.3%) Shares 550,000 (-4.3%)
Parallax Volatility Advisers, L.P.
Value ($000) $60 (+25.1%) Shares 150,000 (-17.1%)
Clear Street Group Inc.
Value ($000) $168 (+47.4%) Shares 420,000 (-2.3%)
Wealthspring Capital LLC
Value ($000) $106 (+48.2%) Shares 265,250 (-1.8%)
Bulldog Investors, LLP
Value ($000) $28 (+47.0%) Shares 70,161 (-2.6%)

Exited Positions (2)

WOLVERINE ASSET MANAGEMENT LLC
Value ($000) $17 Shares 62,620
UBS Group AG
Value ($000) $1 Shares 2,672