TEXAS VENTURES ACQUISITION I

Ticker: TVA CUSIP: G8772L105 Class: USD CL A ORD SHS

Holders for Q4 2025 Position Changes for Q4 2025

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

New Positions (13)

Mercuria Capital Strategies, LLC
Value ($000) $5,325 Shares 500,000
Praetorian PR LLC
Value ($000) $2,077 Shares 195,000
FIFTH LANE CAPITAL, LP
Value ($000) $952 Shares 89,427
Massar Capital Management, LP
Value ($000) $1,118 Shares 105,000
Waratah Capital Advisors Ltd.
Value ($000) $3,233 Shares 303,607
WEXFORD CAPITAL LP
Value ($000) $501 Shares 47,000
LMR Partners LLP
Value ($000) $9,585 Shares 900,000
Murchinson Ltd.
Value ($000) $266 Shares 25,000
Quarry LP
Value ($000) $129 Shares 12,106
Jain Global LLC
Value ($000) $1,065 Shares 100,000
Marex Group plc
Value ($000) $133 Shares 12,500
ROYAL BANK OF CANADA
Value ($000) $35 Shares 3,277
UBS Group AG
Value ($000) $21 Shares 2,011

Increased Positions (9)

Harraden Circle Investments, LLC
Value ($000) $11,360 (+170.8%) Shares 1,066,667 (+172.3%)
Dauntless Investment Group, LLC
Value ($000) $419 (+119.8%) Shares 39,378 (+121.0%)
J. Goldman & Co LP
Value ($000) $12,954 (+38.1%) Shares 1,216,321 (+38.9%)
RIVERNORTH CAPITAL MANAGEMENT, LLC
Value ($000) $4,233 (+32.9%) Shares 397,500 (+33.6%)
Shay Capital LLC
Value ($000) $846 (+507.9%) Shares 79,476 (+511.4%)
DLD Asset Management, LP
Value ($000) $1,015 (+468.4%) Shares 95,267 (+471.6%)
Governors Lane LP
Value ($000) $4,985 (+10.9%) Shares 468,058 (+11.5%)
MILLENNIUM MANAGEMENT LLC
Value ($000) $2,876 (+31.9%) Shares 270,000 (+32.7%)
MORGAN STANLEY
Value ($000) $1 (+21.6%) Shares 82 (+22.4%)

Decreased Positions (21)

HGC Investment Management Inc.
Value ($000) $42 (-98.0%) Shares 3,925 (-98.0%)
Periscope Capital Inc.
Value ($000) $2,977 (-30.5%) Shares 279,505 (-30.1%)
First Trust Capital Management L.P.
Value ($000) $13,471 (-10.1%) Shares 1,264,881 (-9.6%)
Westchester Capital Management, LLC
Value ($000) $2,024 (-60.5%) Shares 190,031 (-60.2%)
BERKLEY W R CORP
Value ($000) $971 (-68.9%) Shares 91,194 (-68.7%)
AQR Arbitrage LLC
Value ($000) $11,146 (-20.4%) Shares 1,047,529 (-20.3%)
TENOR CAPITAL MANAGEMENT Co., L.P.
Value ($000) $14,878 (-20.6%) Shares 1,396,956 (-20.2%)
Radcliffe Capital Management, L.P.
Value ($000) $3,755 (-20.7%) Shares 352,594 (-20.3%)
GLAZER CAPITAL, LLC
Value ($000) $1 (-73.5%) Shares 86,747 (-73.3%)
Hudson Bay Capital Management LP
Value ($000) $391 (-92.4%) Shares 36,716 (-92.4%)
Shaolin Capital Management LLC
Value ($000) $1,065 (-33.7%) Shares 100,000 (-33.3%)
COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS
Value ($000) $533 (-81.2%) Shares 50,000 (-81.1%)
PICTON MAHONEY ASSET MANAGEMENT
Value ($000) $3,195 (+74462.4%) Shares 300,000 (-25.0%)
Context Capital Management, LLC
Value ($000) $746 (-30.4%) Shares 70,000 (-30.0%)
Verition Fund Management LLC
Value ($000) $3,638 (-24.5%) Shares 341,591 (-24.1%)
Schonfeld Strategic Advisors LLC
Value ($000) $107 (-90.0%) Shares 10,000 (-89.9%)
BOOTHBAY FUND MANAGEMENT, LLC
Value ($000) $300 (-56.9%) Shares 28,199 (-56.6%)
JPMORGAN CHASE & CO
Value ($000) $531 (-66.9%) Shares 49,880 (-66.7%)
GOLDMAN SACHS GROUP INC
Value ($000) $3,621 (-18.4%) Shares 340,041 (-17.9%)
Clear Street Group Inc.
Value ($000) $408 (-39.8%) Shares 38,332 (-39.4%)

Exited Positions (6)

Karpus Management, Inc.
Value ($000) $15,762 Shares 1,471,700
OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AM
Value ($000) $2,950 Shares 275,466
ExodusPoint Capital Management, LP
Value ($000) $2,678 Shares 250,000
WOLVERINE ASSET MANAGEMENT LLC
Value ($000) $2,584 Shares 241,315
Polar Asset Management Partners Inc.
Value ($000) $1,154 Shares 107,731
MIZUHO SECURITIES USA LLC
Value ($000) $800 Shares 75,000