PYROPHYTE ACQUISITION CORP.

Ticker: PAII CUSIP: G7309T102 Class: CL A SHS

TENOR CAPITAL MANAGEMENT Co., L.P.'s Holding History (CIK: 0001346554)

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

Q4 2025
Shares 700,000 Value ($000) $7,042 Avg Close $10.06 Range $9.94 - $10.13
Q3 2025
Shares 700,000 Value ($000) $6,972 Avg Close $9.94 Range $9.92 - $9.97