PANGAEA LOGISTICS SOLUTION L

Ticker: PANL CUSIP: G6891L105 Class: Foreign Stock

Versant Capital Management, Inc's Holding History (CIK: 0001735057)

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

Q4 2025

Shares 6,472 Value ($000) $45 Avg Close $6.02 Range $4.51 - $7.42

Q3 2025

Shares 6,472 Value ($000) $33 Avg Close $5.10 Range $4.39 - $5.71

Q2 2025

Shares 6,472 Value ($000) $30 Avg Close $4.34 Range $3.82 - $4.99

Q1 2025

Shares 1,648 Value ($000) $8 Avg Close $5.06 Range $4.54 - $5.61

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	6,472	$45	$6.02	$4.51 - $7.42
Q3 2025	6,472	$33	$5.10	$4.39 - $5.71
Q2 2025	6,472	$30	$4.34	$3.82 - $4.99
Q1 2025	1,648	$8	$5.06	$4.54 - $5.61