GP-ACT III ACQUISITION CORP

Ticker: GPAT CUSIP: G4035N103 Class: CL A

Holders for Q4 2025 Position Changes for Q4 2025

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

Increased Positions (8)

Westchester Capital Management, LLC
Value ($000) $14,561 (+23.7%) Shares 1,360,852 (+22.5%)
METEORA CAPITAL, LLC
Value ($000) $4,369 (+64.2%) Shares 408,719 (+62.8%)
Cannon Global Investment Management, LLC
Value ($000) $155 (+39.3%) Shares 14,500 (+38.1%)
Karpus Management, Inc.
Value ($000) $24,928 (+1.9%) Shares 2,331,866 (+1.1%)
MIZUHO SECURITIES USA LLC
Value ($000) $3,383 (+61.1%) Shares 319,909 (+60.0%)
BERKLEY W R CORP
Value ($000) $3,338 (+5.7%) Shares 312,290 (+4.8%)
Shaolin Capital Management LLC
Value ($000) $1,336 (+26.1%) Shares 125,000 (+25.0%)
MORGAN STANLEY
Value ($000) $1 (+42.3%) Shares 79 (+41.1%)

Decreased Positions (9)

Wealthspring Capital LLC
Value ($000) $10,885 (-0.5%) Shares 1,018,282 (-1.3%)
HEIGHTS CAPITAL MANAGEMENT, INC
Value ($000) $4,452 (-0.3%) Shares 416,096 (-1.2%)
OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AM
Value ($000) $2,675 (-27.9%) Shares 250,000 (-28.6%)
TORONTO DOMINION BANK
Value ($000) $4,276 (-53.2%) Shares 400,000 (-53.6%)
UBS Group AG
Value ($000) $24 (-79.8%) Shares 2,231 (-80.0%)
CITADEL ADVISORS LLC
Value ($000) $160 (-19.8%) Shares 14,909 (-20.6%)
TrueMark Investments, LLC
Value ($000) $171 (-4.0%) Shares 16,017 (-4.9%)
Schonfeld Strategic Advisors LLC
Value ($000) $193 (-5.1%) Shares 18,053 (-5.9%)
GLAZER CAPITAL, LLC
Value ($000) $3 (-3.0%) Shares 250,100 (-3.8%)

Exited Positions (2)

Quarry LP
Value ($000) $689 Shares 64,977
BANK OF AMERICA CORP /DE/
Value ($000) $85 Shares 8,000