THAYER VENTURES ACQ CORP II

Ticker: TVAI CUSIP: G87890102 Class: CL A

Holders for Q4 2025 Position Changes for Q4 2025

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

New Positions (3)

Logan Stone Capital, LLC
Value ($000) $3,838 Shares 379,200
PenderFund Capital Management Ltd.
Value ($000) $364 Shares 36,000
ABC ARBITRAGE SA
Value ($000) $236 Shares 23,300

Increased Positions (7)

METEORA CAPITAL, LLC
Value ($000) $11,806 (+43.5%) Shares 1,166,559 (+42.2%)
Westchester Capital Management, LLC
Value ($000) $5,313 (+111.9%) Shares 525,000 (+110.0%)
RIVERNORTH CAPITAL MANAGEMENT, LLC
Value ($000) $4,028 (+26.3%) Shares 398,000 (+25.2%)
Shaolin Capital Management LLC
Value ($000) $4,634 (+23.1%) Shares 457,947 (+22.1%)
WOLVERINE ASSET MANAGEMENT LLC
Value ($000) $5,968 (+71.2%) Shares 589,695 (+69.9%)
Radcliffe Capital Management, L.P.
Value ($000) $5,313 (+5.9%) Shares 525,000 (+5.0%)
MORGAN STANLEY
Value ($000) $1 (+365.3%) Shares 69 (+360.0%)

Decreased Positions (5)

HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND
Value ($000) $455 (-93.5%) Shares 45,000 (-93.6%)
Virtu Financial LLC
Value ($000) $0 (-76.9%) Shares 23,122 (-77.1%)
MIZUHO SECURITIES USA LLC
Value ($000) $2,107 (-9.9%) Shares 209,626 (-10.8%)
Clear Street Group Inc.
Value ($000) $1,727 (-19.6%) Shares 170,620 (-20.2%)
Schonfeld Strategic Advisors LLC
Value ($000) $2,024 (-8.6%) Shares 200,000 (-9.3%)

Exited Positions (1)

TORONTO DOMINION BANK
Value ($000) $229 Shares 22,798