REAL ASSET ACQUISITION CORP

Ticker: RAAQ CUSIP: G73944103 Class: SHS CL A

Holders for Q4 2025 Position Changes for Q4 2025

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

New Positions (4)

FIFTH LANE CAPITAL, LP
Value ($000) $357 Shares 35,000
K2 PRINCIPAL FUND, L.P.
Value ($000) $1,047 Shares 102,434
Rangeley Capital, LLC
Value ($000) $102 Shares 10,000
CANTOR FITZGERALD, L. P.
Value ($000) $264 Shares 25,900

Increased Positions (8)

Periscope Capital Inc.
Value ($000) $1,511 (+47.9%) Shares 147,879 (+47.9%)
RIVERNORTH CAPITAL MANAGEMENT, LLC
Value ($000) $4,062 (+34.7%) Shares 397,500 (+33.6%)
Shaolin Capital Management LLC
Value ($000) $2,547 (+11.7%) Shares 249,200 (+10.8%)
UBS Group AG
Value ($000) $4,778 (+1480.0%) Shares 467,491 (+1467.6%)
DLD Asset Management, LP
Value ($000) $1,088 (+7.7%) Shares 106,424 (+6.8%)
TORONTO DOMINION BANK
Value ($000) $2,609 (+29.0%) Shares 255,263 (+27.9%)
MIZUHO SECURITIES USA LLC
Value ($000) $784 (+17.1%) Shares 76,576 (+15.5%)
MORGAN STANLEY
Value ($000) $1 (+386.1%) Shares 58 (+383.3%)

Decreased Positions (10)

METEORA CAPITAL, LLC
Value ($000) $1,531 (-83.4%) Shares 149,820 (-83.5%)
Wealthspring Capital LLC
Value ($000) $1,345 (-35.6%) Shares 131,650 (-36.1%)
Westchester Capital Management, LLC
Value ($000) $2,196 (-9.9%) Shares 215,312 (-10.4%)
Schonfeld Strategic Advisors LLC
Value ($000) $2,800 (-26.0%) Shares 273,967 (-26.0%)
GLAZER CAPITAL, LLC
Value ($000) $6 (-9.0%) Shares 547,166 (-9.7%)
Hudson Bay Capital Management LP
Value ($000) $5,610 (-14.9%) Shares 550,000 (-15.4%)
Clear Street Group Inc.
Value ($000) $1,386 (-20.3%) Shares 135,626 (-21.0%)
Verition Fund Management LLC
Value ($000) $929 (-24.9%) Shares 91,062 (-25.3%)
WOLVERINE ASSET MANAGEMENT LLC
Value ($000) $332 (-35.3%) Shares 32,468 (-35.9%)
Sculptor Capital LP
Value ($000) $2,494 (-1.5%) Shares 244,000 (-2.4%)

Exited Positions (1)

CITADEL ADVISORS LLC
Value ($000) $578 Shares 57,024