LIONHEART HOLDINGS

Ticker: CUBWW CUSIP: G5501C117 Class: *W EXP 06/07/203

Holders for Q4 2025 Position Changes for Q4 2025

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

InstitutionSharesValue ($000)
MMCAP International Inc. SPC990,000$168
LMR Partners LLP990,000$168
METEORA CAPITAL, LLC958,097$163
Magnetar Financial LLC955,127$176
AQR Arbitrage LLC871,267$132
PICTON MAHONEY ASSET MANAGEMENT750,000$128
Polar Asset Management Partners Inc.742,500$126
Wealthspring Capital LLC690,540$117
HIGHBRIDGE CAPITAL MANAGEMENT LLC364,389$55
K2 PRINCIPAL FUND, L.P.358,596$61
Shaolin Capital Management LLC325,000$55
Verition Fund Management LLC297,285$45
RIVERNORTH CAPITAL MANAGEMENT, LLC272,577$46
BNP PARIBAS ARBITRAGE, SA263,150$45
Bulldog Investors, LLP235,670$40
TORONTO DOMINION BANK212,982$36
Clear Street Group Inc.178,160$30
GRITSTONE ASSET MANAGEMENT LLC145,507$25
CSS LLC/IL137,332$23
TENOR CAPITAL MANAGEMENT Co., L.P.125,000$21
ARISTEIA CAPITAL, L.L.C.122,699$23
BERKLEY W R CORP98,980$17
READYSTATE ASSET MANAGEMENT LP96,940$15
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND93,325$14
Schonfeld Strategic Advisors LLC55,000$9
WHITEBOX ADVISORS LLC50,000$9
SUSQUEHANNA INTERNATIONAL GROUP, LLP39,487$6
WOLVERINE ASSET MANAGEMENT LLC22,710$4
TWO SIGMA SECURITIES, LLC14,654$2
Context Capital Management, LLC10,000$2
LONGFELLOW INVESTMENT MANAGEMENT CO LLC3,760$1
UBS Group AG1,435$0
Total (32 institutions)10,472,169$1,762