Vault-13

BLACK SPADE ACQUISITION III BIII.U

UNIT 99/99/9999 · Unit · CUSIP G1154S129

9 institutional holders -8 vs Q1 2026
1,485,1511.5m shares reported held*
$15.1mreported value*
0 new 2 added 4 reduced 8 sold out net sold ≈ $23.3m (-2.3m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $10.15.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

01020Q1 26: 17Q2 26: 99Q1 26Q2 26
Numbers
QuarterHolders
Q1 202617
Q2 20269

Biggest buyers

GLAZER CAPITAL, LLC Added +4,836+4.8k
TORONTO DOMINION BANK Added +100+100

Biggest sellers

MILLENNIUM MANAGEMENT LLC Sold out -600,000-600.0k
SONA ASSET MANAGEMENT (US) LLC Sold out -600,000-600.0k
Wealthspring Capital LLC Sold out -558,890-558.9k
MMCAP International Inc. SPC Sold out -250,000-250.0k
Bulldog Investors, LLP Sold out -150,000-150.0k
BOOTHBAY FUND MANAGEMENT, LLC Sold out -75,000-75.0k
Schonfeld Strategic Advisors LLC Sold out -52,320-52.3k
Clear Street Group Inc. Reduced -4,699-4.7k
GTS SECURITIES LLC Reduced -2,943-2.9k
Quarry LP Reduced -2,600-2.6k

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
TENOR CAPITAL MANAGEMENT Co., L.P. 13G · passive investor new · filed 2026-01-09 6.7% new 1.0m 2026-01-09

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 LMR Partners LLP 0.04% of their portfolio LONDON, X0 500,000500.0k $5.1m $5.1m 0.04% Unchanged
2 TORONTO DOMINION BANK 0.01% of their portfolio TORONTO, ONTARIO, A6 400,100400.1k $4.1m $4.1m 0.01% Added +100 +100
3 OMERS ADMINISTRATION Corp 0.02% of their portfolio TORONTO, A6 300,000300.0k $3.0m $3.0m 0.02% Unchanged
4 Lineage Point Capital LP 0.34% of their portfolio PALM BEACH, FL 165,000165.0k $1.7m $1.7m 0.34% Unchanged
5 GTS SECURITIES LLC 0.01% of their portfolio NEW YORK, NY 39,04539.0k $396.3k $396.3k 0.01% Reduced -2.9k -2,943
6 Quarry LP 0.06% of their portfolio NEW YORK, NY 34,90034.9k $353.4k $353.4k 0.06% Reduced -2.6k -2,600
7 RLH Capital LLC 0.17% of their portfolio Great Neck, NY 34,90034.9k $353.4k $353.4k 0.17% Reduced -2.6k -2,600
8 GLAZER CAPITAL, LLC 0.00% of their portfolio New York, NY 9,8489.8k $100.0k $100.0k 0.00% Added +4.8k +4,836
9 Clear Street Group Inc. 0.00% of their portfolio NEW YORK, NY 1,3581.4k $13.8k $13.8k 0.00% Reduced -4.7k -4,699