TWELVE SEAS INVT CO III

Ticker: TWLVU CUSIP: G9145D127 Class: UNIT 11/21/2030

Holders for Q4 2025 Position Changes for Q4 2025

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

New Positions (48)

HEIGHTS CAPITAL MANAGEMENT, INC
Value ($000) $3,483 Shares 350,000
HGC Investment Management Inc.
Value ($000) $2,488 Shares 250,000
Wealthspring Capital LLC
Value ($000) $2,255 Shares 226,590
Crossingbridge Advisors, LLC
Value ($000) $1,493 Shares 150,000
MMCAP International Inc. SPC
Value ($000) $3,980 Shares 400,000
Periscope Capital Inc.
Value ($000) $2,985 Shares 300,000
Radcliffe Capital Management, L.P.
Value ($000) $4,975 Shares 500,000
RIVERNORTH CAPITAL MANAGEMENT, LLC
Value ($000) $4,975 Shares 500,000
AQR Arbitrage LLC
Value ($000) $7,783 Shares 782,168
HIGHBRIDGE CAPITAL MANAGEMENT LLC
Value ($000) $4,638 Shares 466,100
ARISTEIA CAPITAL, L.L.C.
Value ($000) $5,970 Shares 600,000
Shaolin Capital Management LLC
Value ($000) $3,913 Shares 393,258
TENOR CAPITAL MANAGEMENT Co., L.P.
Value ($000) $7,960 Shares 800,000
Polar Asset Management Partners Inc.
Value ($000) $5,970 Shares 600,000
K2 PRINCIPAL FUND, L.P.
Value ($000) $995 Shares 100,000
LINDEN ADVISORS LP
Value ($000) $8,955 Shares 900,000
PICTON MAHONEY ASSET MANAGEMENT
Value ($000) $3,980 Shares 400,000
Context Capital Management, LLC
Value ($000) $1,990 Shares 200,000
Cable Car Capital, LP
Value ($000) $995 Shares 100,000
BERKLEY W R CORP
Value ($000) $986 Shares 99,100