MURANO GLOBAL INVTS PLC

Ticker: MRNOW CUSIP: G63369113 Class: *W EXP 03/19/202

Holders for Q4 2025 Position Changes for Q4 2025

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

New Positions (2)

Value ($000) $3 Shares 121,600

Context Capital Management, LLC

Value ($000) $2 Shares 75,000

Institution	Shares	Value ($000)
MORGAN STANLEY	121,600	$3
Context Capital Management, LLC	75,000	$2

Decreased Positions (6)

Clear Street Group Inc.

Value ($000) $6 (-94.7%) Shares 223,020 (-70.4%)

K2 PRINCIPAL FUND, L.P.

Value ($000) $2 (-94.5%) Shares 69,690 (-72.4%)

HIGHBRIDGE CAPITAL MANAGEMENT LLC

Value ($000) $76 (-82.4%) Shares 2,885,542 (-2.6%)

Walleye Capital LLC

Value ($000) $3 (-85.2%) Shares 113,488 (-18.1%)

Parallax Volatility Advisers, L.P.

Value ($000) $1 (-86.5%) Shares 52,510 (-25.0%)

WOLVERINE ASSET MANAGEMENT LLC

Value ($000) $3 (-83.4%) Shares 101,582 (-7.9%)

Institution	Prev Shares	Curr Shares	Change
Clear Street Group Inc.	754,221	223,020	-531,201 (-70.4%)
K2 PRINCIPAL FUND, L.P.	252,143	69,690	-182,453 (-72.4%)
HIGHBRIDGE CAPITAL MANAGEMENT LLC	2,963,724	2,885,542	-78,182 (-2.6%)
Walleye Capital LLC	138,488	113,488	-25,000 (-18.1%)
Parallax Volatility Advisers, L.P.	70,000	52,510	-17,490 (-25.0%)
WOLVERINE ASSET MANAGEMENT LLC	110,247	101,582	-8,665 (-7.9%)

Exited Positions (2)

CANTOR FITZGERALD, L. P.

Value ($000) $372 Shares 2,550,000

Value ($000) $0 Shares 451

Institution	Prev Shares	Prev Value ($000)
CANTOR FITZGERALD, L. P.	2,550,000	$372
UBS Group AG	451	$0