Crystalline Management Inc.

Montreal, Quebec, Z4 · CIK 1891834 · 13F filing filed 2024-08-08

No investment adviser registration (Form ADV) found for this filer. It may be a parent company whose subsidiaries are the registered advisers, a bank or insurer, or a manager based outside the US.

Legal entityGESTION CRISTALLIN INC. (CA)

$86.6m reported value +12.8% vs Q1 2024

83positions

59.7%in top 10

28 new 5 added 5 reduced 36 sold out vs Q1 2024

Options: 0 call positions (— notional), 9 put positions ($18.6m notional) – listed below, not included above.

Holdings, Q2 2024

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	VEECO INSTRS INC DEL NOTE 2.875% 6/0 · principal VECO 2.875 06.01.29 · principal	VECO 2.875 06.01.29	5,000,000	$8.7m9.99%	9.99%	New
2	ALTAIR ENGR INC NOTE 1.750% 6/1 · principal ALTR 1.75 06.15.27 · principal	ALTR 1.75 06.15.27	5,500,000	$8.0m9.27%	9.27%	Unchanged
3	POST HLDGS INC NOTE 2.500% 8/1 · principal POST 2.5 08.15.27 · principal	POST 2.5 08.15.27	6,000,000	$6.6m7.68%	7.68%	New
4	TORTOISEECOFIN ACQUISITION C SHS CL A SHS CL A		458,582	$5.0m5.79%	5.79%	New
5	RIGEL RESOURCE ACQ CORP CL A ORD SHS CL A ORD SHS		400,000	$4.5m5.23%	5.23%	New
6	INTEGER HLDGS CORP NOTE 2.125% 2/1 · principal ITGR 2.125 02.15.28 · principal	ITGR 2.125 02.15.28	3,035,000	$4.4m5.05%	5.05%	Unchanged
7	MONTEREY CAP ACQUISITION COR CLASS A COM CLASS A COM		360,502	$4.1m4.70%	4.70%	Unchanged
8	MOUNTAIN & CO I ACQUISITN CO CLASS A ORD CLASS A ORD		349,401	$4.1m4.70%	4.70%	Unchanged
9	TLGY ACQUISITION CORPORATION CLASS A ORD SHS CLASS A ORD SHS		292,958	$3.4m3.87%	3.87%	Added +100.0k	+100,000 51.8%
10	RIVIAN AUTOMOTIVE INC NOTE 4.625% 3/1 · principal RIVN 4.625 03.15.29 · principal	RIVN 4.625 03.15.29	3,000,000	$3.0m3.45%	3.45%	New
11	EQUITRANS MIDSTREAM CORP COM ETRN	ETRN	200,000	$2.6m3.00%	3.00%	Added +185.1k	+185,097 1242.0%
12	IX ACQUISITION CORP CLASS A ORD SHS IXAQF	IXAQF	200,000	$2.3m2.63%	2.63%	Unchanged
13	GOLDEN STAR ACQUISITION CORP USD ORD SHS USD ORD SHS		200,000	$2.2m2.50%	2.50%	New
14	OCA ACQUISITION CORP COM CL A COM CL A		192,110	$2.2m2.48%	2.48%	Unchanged
15	AXONICS INC COM AXNX	AXNX	30,000	$2.0m2.33%	2.33%	Reduced -3.6k	-3,588 -10.7%
16	EMBRACE CHANGE ACQUISITN COR ORDINARY SHARES EMCGF	EMCGF	156,489	$1.8m2.03%	2.03%	New
17	FORTUNE RISE ACQUISITION COR CL A CL A		150,000	$1.7m1.95%	1.95%	New
18	BLUE WORLD ACQUISITION CORP CLASS A ORD SHS CLASS A ORD SHS		140,593	$1.6m1.83%	1.83%	Unchanged
19	DOMA HOLDINGS INC COM NEW COM NEW		209,199	$1.3m1.47%	1.47%	New
20	NATIONAL WESTN LIFE GROUP IN CL A NWLI	NWLI	2,500	$1.2m1.43%	1.43%	New
21	NUVEI CORPORATION SUB VTG SHS NVEI	NVEI	37,533	$1.2m1.40%	1.40%	New
22	WHOLE EARTH BRANDS INC COM CL A COM CL A		247,938	$1.2m1.39%	1.39%	Added +184.2k	+184,153 288.7%
23	METAL SKY STAR ACQUISITION C ORDINARY SHARES ORDINARY SHARES		98,400	$1.1m1.29%	1.29%	Reduced -1.6k	-1,600 -1.6%
24	ZALATORIS ACQUISITION CORP COM CL A COM CL A		95,895	$1.1m1.22%	1.22%	Unchanged
25	EVERBRIDGE INC COM EVBG	EVBG	28,545	$998.8k1.15%	1.15%	New
26	OVERSEAS SHIPHOLDING GROUP I CL A NEW CL A NEW		117,575	$997.0k1.15%	1.15%	New
27	MACATAWA BK CORP COM COM		67,425	$984.4k1.14%	1.14%	New
28	10X CAPITAL VENTURE ACQ III CL A ORD SHS CL A ORD SHS		87,500	$962.9k1.11%	1.11%	Unchanged
29	POWERSCHOOL HOLDINGS INC COM CL A COM CL A		35,000	$783.6k0.90%	0.90%	New
30	THE AARONS COMPANY INC COM COM		76,680	$765.3k0.88%	0.88%	New
31	HESS CORP COM HES	HES	4,463	$658.4k0.76%	0.76%	Reduced -5.5k	-5,537 -55.4%
32	TSR INC COM COM		44,684	$597.9k0.69%	0.69%	New
33	CONSILIUM ACQUISITN CORP I L CLASS A ORD SHS CLASS A ORD SHS		52,757	$593.0k0.68%	0.68%	Added +2.8k	+2,757 5.5%
34	LEARN CW INVESTMENT COR CL A ORD SHS CL A ORD SHS		50,000	$545.0k0.63%	0.63%	Reduced -100.0k	-100,000 -66.7%
35	CANNA GLOBAL ACQUISITION COR CLASS A COM CLASS A COM		50,198	$523.6k0.60%	0.60%	Unchanged
36	CORE SCIENTIFIC INC NEW *W EXP 01/23/202 CORZZ	CORZZ	46,600	$405.0k0.47%	0.47%	New
37	CEREVEL THERAPEUTICS HLDNG I COM CERE	CERE	8,918	$364.7k0.42%	0.42%	New
38	BATTALION OIL CORP COM BATL	BATL	100,051	$334.2k0.39%	0.39%	Added +3.2k	+3,176 3.3%
39	CLOVER LEAF CAPITAL CORP COM CL A COM CL A		23,669	$288.8k0.33%	0.33%	Unchanged
40	GAN LTD SHS GANGB	GANGB	189,752	$279.9k0.32%	0.32%	New
41	ENPHYS ACQUISITION CORP CL A ORD SHS NFYS	NFYS	25,000	$274.5k0.32%	0.32%	Reduced -75.0k	-75,000 -75.0%
42	DECISIONPOINT SYS INC NEW COM DPSI	DPSI	21,916	$223.5k0.26%	0.26%	New
43	ASENSUS SURGICAL INC COM TRXC	TRXC	516,162	$171.9k0.20%	0.20%	New
44	IAMGOLD CORP COM IAG	IAG	45,554	$170.8k0.20%	0.20%	New
45	ALLEGO N V ORD SHS ALLGF	ALLGF	69,701	$117.1k0.14%	0.14%	New
46	BARCLAYS BANK PLC IPTH SR B S&P IPTH SR B S&P		10,000	$109.2k0.13%	0.13%	New
47	RF ACQUISITION CORP II UNIT 05/01/2026 RFAIU	RFAIU	10,000	$100.7k0.12%	0.12%	New
48	PELOTON INTERACTIVE INC CL A COM PTON	PTON	14,000	$47.3k0.05%	0.05%	New
49	BEST INC SPONSORED ADS SPONSORED ADS		13,119	$36.1k0.04%	0.04%	New
50	IRON HORSE ACQUISITIONS CORP RIGHT 99/99/9999 RIGHT 99/99/9999		94,900	$25.1k0.03%	0.03%	Unchanged
51	DISTOKEN ACQUISITION CORP RIGHT 99/99/9999 RIGHT 99/99/9999		200,000	$22.0k0.03%	0.03%	Unchanged
52	CETUS CAP ACQUISITION CORP RIGHT 03/31/2024 RIGHT 03/31/2024		85,000	$21.1k0.02%	0.02%	Unchanged
53	CSLM ACQUISITION CORP RIGHT 07/01/2023 RIGHT 07/01/2023		150,000	$17.2k0.02%	0.02%	Unchanged
54	QUETTA ACQUISITION CORP RIGHT 11/30/2024 QETAR	QETAR	14,047	$15.8k0.02%	0.02%	Unchanged
55	BANNIX ACQUISITION CORP RIGHT 07/31/2026 RIGHT 07/31/2026		85,000	$12.7k0.01%	0.01%	Unchanged
56	GLOBAL STAR ACQUISITION INC RIGHT 06/21/2024 RIGHT 06/21/2024		80,000	$12.0k0.01%	0.01%	Unchanged
57	CONSILIUM ACQUISITN CORP I L W EXP 06/01/202 W EXP 06/01/202		75,000	$10.9k0.01%	0.01%	Unchanged
58	MURANO GLOBAL INVTS PLC *W EXP 03/19/202 MRNOW	MRNOW	50,000	$8.2k0.01%	0.01%	Unchanged
59	PONO CAP TWO INC *W EXP 07/31/202 SBCWW	SBCWW	80,000	$5.7k0.01%	0.01%	Unchanged
60	EMBRACE CHANGE ACQUISITN COR RIGHT 10/25/2026 RIGHT 10/25/2026		37,000	$4.9k0.01%	0.01%	Unchanged
61	KEEN VISION ACQUISITION CORP *W EXP 03/15/202 KVAWF	KVAWF	60,000	$4.5k0.01%	0.01%	Unchanged
62	MOUNTAIN & CO I ACQUISITN CO W EXP 09/30/202 W EXP 09/30/202		50,000	$4.4k0.01%	0.01%	Unchanged
63	A SPAC II ACQUISITION CORP RIGHT 10/15/2026 ASCRF	ASCRF	50,000	$3.5k0.00%	0.00%	Unchanged
64	IRON HORSE ACQUISITIONS CORP *W EXP 99/99/999 UCFIW	UCFIW	94,900	$3.3k0.00%	0.00%	Unchanged
65	AI TRANSN ACQUISITION CORP RIGHT 09/01/2028 RIGHT 09/01/2028		15,000	$3.1k0.00%	0.00%	Unchanged
66	DISTOKEN ACQUISITION CORP *W EXP 11/30/202 DISTW	DISTW	200,000	$3.0k0.00%	0.00%	Unchanged
67	CETUS CAP ACQUISITION CORP W EXP 01/31/202 W EXP 01/31/202		85,000	$2.7k0.00%	0.00%	Unchanged
68	FOUR LEAF ACQUISITION CORP *W EXP 03/15/202 FORLW	FORLW	40,000	$2.3k0.00%	0.00%	Unchanged
69	HAYMAKER ACQUISITION CORP IV W EXP 05/31/202 W EXP 05/31/202		12,500	$2.2k0.00%	0.00%	Unchanged
70	GLOBAL STAR ACQUISITION INC W EXP 07/15/202 W EXP 07/15/202		80,000	$1.9k0.00%	0.00%	Unchanged
71	BITE ACQUISITION CORP W EXP 02/12/203 W EXP 02/12/203		32,500	$1.8k0.00%	0.00%	Unchanged
72	BANNIX ACQUISITION CORP W EXP 07/31/202 W EXP 07/31/202		85,000	$1.7k0.00%	0.00%	Unchanged
73	GRIID INFRASTRUCTURE INC W EXP 12/29/202 W EXP 12/29/202		24,300	$1.6k0.00%	0.00%	Unchanged
74	ONYX ACQUISITION CO I W EXP 11/30/202 W EXP 11/30/202		50,000	$1.3k0.00%	0.00%	Unchanged
75	MOOLEC SCIENCE SA *W EXP 12/30/202 MLECW	MLECW	25,000	$1.2k0.00%	0.00%	Unchanged
76	INFLECTION PT ACQUISITN CRP W EXP 08/31/202 W EXP 08/31/202		12,500	$1.2k0.00%	0.00%	Unchanged
77	MORINGA ACQUISITION CORP W EXP 02/22/202 W EXP 02/22/202		12,500	$1.1k0.00%	0.00%	Unchanged
78	ISRAEL ACQUISITIONS CORP *W EXP 99/99/999 ISLWF	ISLWF	20,000	$1.0k0.00%	0.00%	Unchanged
79	SRIVARU HOLDING LIMITED *W EXP 12/08/202 SVUWF	SVUWF	75,000	$7730.00%	0.00%	Unchanged
80	EMBRACE CHANGE ACQUISITN COR W EXP 10/25/202 W EXP 10/25/202		37,000	$7380.00%	0.00%	Unchanged
81	A SPAC II ACQUISITION CORP *W EXP 10/15/202 ASCWF	ASCWF	50,000	$6830.00%	0.00%	Unchanged
82	COMPLETE SOLARIA INC *W EXP 07/31/202 SPWRW	SPWRW	13,975	$6790.00%	0.00%	Unchanged
83	BENEFICIENT *W EXP 06/07/202 BENFW	BENFW	86,250	$6300.00%	0.00%	Unchanged

Sold out since Q1 2024

Security	Ticker	Shares held before	Value then
ENERPLUS CORP ERF	ERF	279,839	$5.5m279.8k shares
HOLLYSYS AUTOMATION TCHNGY L HOLI	HOLI	108,000	$2.8m108.0k shares
AP ACQUISITION CORP		230,065	$2.6m230.1k shares
GLOBAL STAR ACQUISITION INC		233,247	$2.5m233.2k shares
DASEKE INC DSKE	DSKE	249,700	$2.1m249.7k shares
HUDSON ACQUISITION I CORP		150,000	$1.6m150.0k shares
ZILLOW GROUP INC Z	Z	30,000	$1.5m30.0k shares
AETHERIUM ACQUISITION CORP		125,000	$1.4m125.0k shares
KAIROUS ACQUISITION CORP LTD KACLF	KACLF	116,152	$1.4m116.2k shares
DISTOKEN ACQUISITION CORP DIST	DIST	120,000	$1.3m120.0k shares
BYNORDIC ACQUISITION CORP BYNO	BYNO	115,974	$1.3m116.0k shares
XPAC ACQUISITION CORP ZLSSF	ZLSSF	111,731	$1.2m111.7k shares
PATRIA LATIN AMRCN OPPRNTY A		100,000	$1.1m100.0k shares
A SPAC II ACQUISITION CORP ASCBF	ASCBF	100,000	$1.1m100.0k shares
TRICON RESIDENTIAL INC TCN	TCN	93,868	$1.0m93.9k shares
ACE GLOBAL BUSINESS ACQU LTD		84,706	$1.0m84.7k shares
SPRINGWATER SPL SITUATIONS C SWSS	SWSS	80,000	$850.4k80.0k shares
EXCELFIN ACQUISITION CORP		65,500	$715.9k65.5k shares
VIZIO HLDG CORP VZIO	VZIO	62,200	$680.5k62.2k shares
KEEN VISION ACQUISITION CORP KVACF	KVACF	60,000	$627.0k60.0k shares
IRON HORSE ACQUISITIONS CORP UCFI	UCFI	60,000	$598.8k60.0k shares
INTEGRAL ACQUISITION CORP 1 INTE	INTE	55,000	$594.7k55.0k shares
SOCIETAL CDMO INC REPH	REPH	518,629	$560.1k518.6k shares
GENETRON HLDGS LTD		113,395	$456.4k113.4k shares
LIBERTY GLOBAL LTD LBTYK	LBTYK	23,624	$416.7k23.6k shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
ISHARES TR SCZ · Put	SCZ	Put	110,000	$6.2m110.0k shares	New
EQUINOX GOLD CORP EQX · Put	EQX	Put	55,000	$5.8m55.0k shares	New
ALIBABA GROUP HLDG LTD BABA · Put	BABA	Put	36,000	$1.9m36.0k shares	New
POST HLDGS INC POST · Put	POST	Put	20,000	$1.5m20.0k shares	New
MICROCHIP TECHNOLOGY INC. MCHP · Put	MCHP	Put	19,500	$1.3m19.5k shares	New
SEAGATE TECHNOLOGY HLDNGS PL STX · Put	STX	Put	13,000	$981.4k13.0k shares	New
ITRON INC ITRI · Put	ITRI	Put	8,400	$607.6k8.4k shares	New
BLACKBERRY LTD BB · Put	BB	Put	75,000	$136.0k75.0k shares	New
PELOTON INTERACTIVE INC PTON · Put	PTON	Put	49,000	$121.1k49.0k shares	New