Vault-13

DRUGS MADE IN AMER ACQUTN CO DMAAR

RIGHT 10/15/2029 · Right · CUSIP G2847J112

32 institutional holders +7 vs Q2 2025
17,457,34417.5m shares reported held*
$7.1mreported value*
11 new 2 added 7 reduced 3 sold out net sold ≈ $167.9k (-807.4k 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 ≈ $0.41.

Trends to Q3 2025

Institutional holders

Managers reporting a position, each quarter

02040Q1 25: 20Q2 25: 25Q3 25: 3232Q1 25Q2 25Q3 25
Numbers
QuarterHolders
Q1 202520
Q2 202525
Q3 202532

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
20020Q2 25: 8 bought or addedQ2 25: 3 cut or sold outQ2 25Q3 25: 13 bought or addedQ3 25: 10 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q2 202583
Q3 20251310

Biggest buyers

Linden Advisors LP New +850,000+850.0k
Shaolin Capital Management LLC New +575,000+575.0k
Alpine Global Management, LLC New +362,500+362.5k
Radcliffe Capital Management, L.P. New +325,100+325.1k
RIVERNORTH CAPITAL MANAGEMENT, LLC New +317,998+318.0k
Context Capital Management, LLC New +250,000+250.0k
HIGHBRIDGE CAPITAL MANAGEMENT LLC Added +133,600+133.6k
Parallax Volatility Advisers, L.P. New +87,926+87.9k
Periscope Capital Inc. New +75,000+75.0k
Bulldog Investors, LLP Added +57,300+57.3k

Biggest sellers

TORONTO DOMINION BANK Reduced -945,600-945.6k
Crossingbridge Advisors, LLC Sold out -850,000-850.0k
GLAZER CAPITAL, LLC Reduced -711,700-711.7k
CANTOR FITZGERALD, L. P. Sold out -500,000-500.0k
HEIGHTS CAPITAL MANAGEMENT, INC Reduced -344,514-344.5k
Schonfeld Strategic Advisors LLC Reduced -267,485-267.5k
MIZUHO SECURITIES USA LLC Sold out -209,897-209.9k
Quarry LP Reduced -50,000-50.0k
WOLVERINE ASSET MANAGEMENT LLC Reduced -37,900-37.9k
ARISTEIA CAPITAL, L.L.C. Reduced -6,118-6.1k

Insider purchases and sales in Q3 2025

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

Officers and directors buying vs selling

Number of people, by quarter (10% owners not included)

BuyingSelling
101Q4 23: 0 buyingQ4 23: 0 sellingQ1 24: 0 buyingQ1 24: 0 sellingQ1 24Q2 24: 0 buyingQ2 24: 0 sellingQ3 24: 0 buyingQ3 24: 0 sellingQ3 24Q4 24: 0 buyingQ4 24: 0 sellingQ1 25: 1 buyingQ1 25: 1 sellingQ1 25Q2 25: 0 buyingQ2 25: 0 sellingQ3 25: 0 buyingQ3 25: 0 sellingQ3 25
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q4 20230—0——
Q1 20240—0——
Q2 20240—0——
Q3 20240—0——
Q4 20240—0——
Q1 20251—1——
Q2 20250—0——
Q3 20250—0——

None reported in Q3 2025.

Holders, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Polar Asset Management Partners Inc. 0.01% of their portfolio TORONTO, A6 1,900,0001.9m $412.7k $412.7k 0.01% Unchanged
2 Hudson Bay Capital Management LP 0.00% of their portfolio STAMFORD, CT 1,800,0001.8m $391.3k $391.3k 0.00% Unchanged
3 Harraden Circle Investments, LLC 0.06% of their portfolio NEW YORK, NY 1,500,0001.5m $326.1k $326.1k 0.06% Unchanged
4 TORONTO DOMINION BANK 0.00% of their portfolio TORONTO, ONTARIO, A6 1,000,0001.0m $217.0k $217.0k 0.00% Reduced -945.6k -945,600
5 HIGHBRIDGE CAPITAL MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 983,600983.6k $213.9k $213.9k 0.01% Added +133.6k +133,600
6 ARISTEIA CAPITAL, L.L.C. 0.01% of their portfolio GREENWICH, CT 881,716881.7k $191.7k $191.7k 0.01% Reduced -6.1k -6,118
7 Linden Advisors LP 0.00% of their portfolio New York, NY 850,000850.0k $175.2k $175.2k 0.00% New
8 MANGROVE PARTNERS IM, LLC 0.01% of their portfolio Greenwich, CT 850,000850.0k $184.8k $184.8k 0.01% Unchanged
9 Clear Street Group Inc. 0.00% of their portfolio NEW YORK, NY 659,093659.1k $143.3k $143.3k 0.00% First filing
10 GLAZER CAPITAL, LLC 0.00% of their portfolio New York, NY 588,300588.3k $128.0k $128.0k 0.00% Reduced -711.7k -711,700
11 Shaolin Capital Management LLC 0.01% of their portfolio Miami, FL 575,000575.0k $125.0k $125.0k 0.01% New
12 BOOTHBAY FUND MANAGEMENT, LLC 0.00% of their portfolio NEW YORK, NY 570,000570.0k $123.9k $123.9k 0.00% Unchanged
13 ATW SPAC MANAGEMENT LLC 0.16% of their portfolio NEW YORK, NY 570,000570.0k $123.9k $123.9k 0.16% Unchanged
14 WOLVERINE ASSET MANAGEMENT LLC 0.00% of their portfolio CHICAGO, IL 563,138563.1k $122.4k $122.4k 0.00% Reduced -37.9k -37,900
15 AQR Arbitrage LLC 0.00% of their portfolio Greenwich, CT 500,000500.0k $108.8k $108.8k 0.00% Unchanged
16 Westchester Capital Management, LLC 0.01% of their portfolio VALHALLA, NY 500,000500.0k $108.8k $108.8k 0.01% Unchanged
17 LMR Partners LLP 0.00% of their portfolio LONDON, X0 500,000500.0k $108.7k $108.7k 0.00% Unchanged
18 WHITEBOX ADVISORS LLC 0.00% of their portfolio MINNEAPOLIS, MN 400,000400.0k $87.0k $87.0k 0.00% Unchanged
19 Alpine Global Management, LLC 0.02% of their portfolio NEW YORK, NY 362,500362.5k $78.8k $78.8k 0.02% New
20 Radcliffe Capital Management, L.P. 0.21% of their portfolio BALA CYNWYD, PA 325,100325.1k $3.3m $3.3m 0.21% New
21 RIVERNORTH CAPITAL MANAGEMENT, LLC 0.00% of their portfolio WEST PALM BEACH, FL 317,998318.0k $69.1k $69.1k 0.00% New
22 HEIGHTS CAPITAL MANAGEMENT, INC 0.02% of their portfolio SAN FRANCISCO, CA 289,302289.3k $62.9k $62.9k 0.02% Reduced -344.5k -344,514
23 Context Capital Management, LLC 0.00% of their portfolio LAJOLLA, CA 250,000250.0k $54.4k $54.4k 0.00% New
24 Schonfeld Strategic Advisors LLC 0.00% of their portfolio NEW YORK, NY 147,007147.0k $32.0k $32.0k 0.00% Reduced -267.5k -267,485
25 Bulldog Investors, LLP 0.01% of their portfolio SADDLE BROOK, NJ 130,264130.3k $28.3k $28.3k 0.01% Added +57.3k +57,300
26 Verition Fund Management LLC 0.00% of their portfolio GREENWICH, CT 100,000100.0k $21.8k $21.8k 0.00% Unchanged
27 Quarry LP 0.01% of their portfolio NEW YORK, NY 100,000100.0k $21.7k $21.7k 0.01% Reduced -50.0k -50,000
28 Parallax Volatility Advisers, L.P. 0.00% of their portfolio San Francisco, CA 87,92687.9k $19.1k $19.1k 0.00% New
29 Periscope Capital Inc. 0.00% of their portfolio Toronto, A6 75,00075.0k $16.3k $16.3k 0.00% New
30 READYSTATE ASSET MANAGEMENT LP 0.00% of their portfolio CHICAGO, IL 50,00050.0k $10.9k $10.9k 0.00% New
31 CSS LLC/IL 0.00% of their portfolio CHICAGO, IL 31,25031.2k $54.4k $54.4k 0.00% New
32 UBS Group AG 0.00% of their portfolio ZURICH, V8 150150 $33 $33 0.00% New