RIBBON ACQUISITION CORP

Ticker: RIBB CUSIP: G7552W109 Class: ORD SHS CL A

Holders for Q4 2025 Position Changes for Q4 2025

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

New Positions (1)

Westchester Capital Management, LLC
Value ($000) $2,958 Shares 284,734

Increased Positions (3)

RIVERNORTH CAPITAL MANAGEMENT, LLC
Value ($000) $4,152 (+35.2%) Shares 400,000 (+33.3%)
Clear Street Group Inc.
Value ($000) $405 (+233.4%) Shares 38,978 (+228.9%)
MORGAN STANLEY
Value ($000) $0 (+14.5%) Shares 35 (+12.9%)

Decreased Positions (7)

MIZUHO SECURITIES USA LLC
Value ($000) $128 (-97.8%) Shares 12,398 (-97.9%)
MANGROVE PARTNERS IM, LLC
Value ($000) $1,815 (-12.7%) Shares 174,866 (-13.9%)
TWO SIGMA INVESTMENTS, LP
Value ($000) $568 (-65.7%) Shares 54,705 (-66.1%)
TORONTO DOMINION BANK
Value ($000) $917 (-38.3%) Shares 88,326 (-39.1%)
Karpus Management, Inc.
Value ($000) $2,266 (-1.8%) Shares 218,287 (-3.1%)
GLAZER CAPITAL, LLC
Value ($000) $2 (-19.9%) Shares 150,095 (-21.0%)
WOLVERINE ASSET MANAGEMENT LLC
Value ($000) $4,555 (+0.2%) Shares 438,855 (-1.2%)

Exited Positions (2)

HGC Investment Management Inc.
Value ($000) $2,560 Shares 250,000
UBS Group AG
Value ($000) $52 Shares 5,087