REPUBLIC DIGITAL ACQUISITION

Ticker: RDAGU CUSIP: G7515A111 Class: UNIT

Holders for Q4 2025 Position Changes for Q4 2025

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

Increased Positions (1)

Clear Street Group Inc.

Value ($000) $1,021 (+39.4%) Shares 98,108 (+40.7%)

Institution	Prev Shares	Curr Shares	Change
Clear Street Group Inc.	69,730	98,108	+28,378 (+40.7%)

Decreased Positions (3)

SCOGGIN MANAGEMENT LP

Value ($000) $208 (-20.8%) Shares 20,000 (-20.0%)

CITADEL ADVISORS LLC

Value ($000) $3,150 (-26.3%) Shares 302,039 (-26.0%)

Value ($000) $97 (-34.9%) Shares 9,291 (-34.2%)

Institution	Prev Shares	Curr Shares	Change
SCOGGIN MANAGEMENT LP	25,000	20,000	-5,000 (-20.0%)
CITADEL ADVISORS LLC	407,939	302,039	-105,900 (-26.0%)
UBS Group AG	14,129	9,291	-4,838 (-34.2%)

Exited Positions (6)

Bulldog Investors, LLP

Value ($000) $526 Shares 50,000

Value ($000) $525 Shares 49,992

CANTOR FITZGERALD, L. P.

Value ($000) $2,723 Shares 259,100

RIVERNORTH CAPITAL MANAGEMENT, LLC

Value ($000) $538 Shares 51,186

PenderFund Capital Management Ltd.

Value ($000) $52 Shares 5,000

TORONTO DOMINION BANK

Value ($000) $0 Shares 5

Institution	Prev Shares	Prev Value ($000)
Bulldog Investors, LLP	50,000	$526
Quarry LP	49,992	$525
CANTOR FITZGERALD, L. P.	259,100	$2,723
RIVERNORTH CAPITAL MANAGEMENT, LLC	51,186	$538
PenderFund Capital Management Ltd.	5,000	$52
TORONTO DOMINION BANK	5	$0