Vault-13

FIFTH ERA ACQUISITION CORP I FERAR

RIGHT 02/21/2030 · Right · CUSIP G3415K135

36 institutional holders -3 vs Q1 2026
16,703,66416.7m shares reported held*
$5.6mreported value*
2 new 3 added 9 reduced 5 sold out net sold ≈ $506.3k (-1.7m 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 ≈ $0.34.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0204060Q2 25: 37Q3 25: 39Q4 25: 41Q1 26: 39Q2 26: 3636Q2 25Q3 25Q4 25Q1 26Q2 26
Numbers
QuarterHolders
Q2 202537
Q3 202539
Q4 202541
Q1 202639
Q2 202636

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q3 25: 11 bought or addedQ3 25: 10 cut or sold outQ3 25Q4 25: 6 bought or addedQ4 25: 11 cut or sold outQ4 25Q1 26: 2 bought or addedQ1 26: 12 cut or sold outQ1 26Q2 26: 5 bought or addedQ2 26: 14 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 20251110
Q4 2025611
Q1 2026212
Q2 2026514

Biggest buyers

HGC Investment Management Inc. New +640,660+640.7k
LMR Partners LLP New +500,000+500.0k
Alpine Global Management, LLC Added +132,100+132.1k
AQR Arbitrage LLC Added +8,901+8.9k
TORONTO DOMINION BANK Added +3,543+3.5k

Biggest sellers

Harraden Circle Investments, LLC Sold out -637,667-637.7k
Schonfeld Strategic Advisors LLC Reduced -584,063-584.1k
PICTON MAHONEY ASSET MANAGEMENT Sold out -500,000-500.0k
Shaolin Capital Management LLC Reduced -348,166-348.2k
DLD Asset Management, LP Reduced -240,191-240.2k
Sculptor Capital LP Sold out -210,600-210.6k
Parallax Volatility Advisers, L.P. Reduced -95,282-95.3k
Clear Street Group Inc. Reduced -86,750-86.8k
HEIGHTS CAPITAL MANAGEMENT, INC Sold out -70,938-70.9k
BERKLEY W R CORP Sold out -57,212-57.2k

Insider purchases and sales since 1 Apr 2026

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 24: 0 buyingQ4 24: 0 sellingQ1 25: 1 buyingQ1 25: 0 sellingQ1 25Q2 25: 0 buyingQ2 25: 0 sellingQ3 25: 0 buyingQ3 25: 0 sellingQ3 25Q4 25: 0 buyingQ4 25: 0 sellingQ1 26: 0 buyingQ1 26: 0 sellingQ1 26Q2 26: 0 buyingQ2 26: 0 sellingQ3 26: 0 buyingQ3 26: 0 sellingQ3 26
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q4 20240—0——
Q1 20251$3.8m0——
Q2 20250—0——
Q3 20250—0——
Q4 20250—0——
Q1 20260—0——
Q2 20260—0——
Q3 20260—0——

None reported since 1 Apr 2026.

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MMCAP International Inc. SPC 0.05% of their portfolio GRAND CAYMAN, E9 1,900,0001.9m $627.2k $627.2k 0.05% Unchanged
2 TENOR CAPITAL MANAGEMENT Co., L.P. 0.01% of their portfolio NEW YORK, NY 1,500,0001.5m $495.1k $495.1k 0.01% Unchanged
3 Magnetar Financial LLC 0.00% of their portfolio EVANSTON, IL 1,500,0001.5m $524.7k $524.7k 0.00% Unchanged
4 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.00% of their portfolio TORONTO, A6 1,500,0001.5m $524.7k $524.7k 0.00% Unchanged
5 AQR Arbitrage LLC 0.01% of their portfolio Greenwich, CT 1,396,8481.4m $461.1k $461.1k 0.01% Added +8.9k +8,901
6 Verition Fund Management LLC 0.00% of their portfolio GREENWICH, CT 849,124849.1k $297.0k $297.0k 0.00% Reduced -48.4k -48,400
7 WHITEBOX ADVISORS LLC 0.00% of their portfolio MINNEAPOLIS, MN 750,000750.0k $247.6k $247.6k 0.00% Unchanged
8 HGC Investment Management Inc. 0.04% of their portfolio TORONTO, A6 640,660640.7k $211.4k $211.4k 0.04% New
9 Linden Advisors LP 0.00% of their portfolio New York, NY 500,000500.0k $152.5k $152.5k 0.00% Unchanged
10 Alberta Investment Management Corp 0.00% of their portfolio EDMONTON, A0 500,000500.0k $165.1k $165.1k 0.00% Unchanged
11 LMR Partners LLP 0.00% of their portfolio LONDON, X0 500,000500.0k $165.1k $165.1k 0.00% New
12 Alpine Global Management, LLC 0.02% of their portfolio NEW YORK, NY 440,000440.0k $121.1k $121.1k 0.02% Added +132.1k +132,100
13 TORONTO DOMINION BANK 0.00% of their portfolio TORONTO, ONTARIO, A6 401,686401.7k $132.6k $132.6k 0.00% Added +3.5k +3,543
14 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 400,000400.0k $132.0k $132.0k 0.00% Unchanged
15 RIVERNORTH CAPITAL MANAGEMENT, LLC 0.01% of their portfolio WEST PALM BEACH, FL 399,872399.9k $126.0k $126.0k 0.01% Unchanged
16 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 346,362346.4k $108.1k $108.1k 0.00% Unchanged
17 ARISTEIA CAPITAL, L.L.C. 0.00% of their portfolio GREENWICH, CT 339,583339.6k $112.1k $112.1k 0.00% Unchanged
18 Clear Street Group Inc. 0.00% of their portfolio NEW YORK, NY 306,373306.4k $101.1k $101.1k 0.00% Reduced -86.8k -86,750
19 Context Capital Management, LLC 0.00% of their portfolio LAJOLLA, CA 300,000300.0k $99.0k $99.0k 0.00% Unchanged
20 Mint Tower Capital Management B.V. 0.01% of their portfolio AMSTERDAM, P7 300,000300.0k $99.0k $99.0k 0.01% Unchanged
21 Wealthspring Capital LLC 0.02% of their portfolio WEST HARRISON, NY 261,450261.4k $72.0k $72.0k 0.02% Reduced -700 -700
22 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.00% of their portfolio HARRISBURG, PA 249,231249.2k $77.9k $77.9k 0.00% Reduced -47.6k -47,597
23 DLD Asset Management, LP 0.01% of their portfolio NEW YORK, NY 226,476226.5k $74.8k $74.8k 0.01% Reduced -240.2k -240,191
24 Hudson Bay Capital Management LP 0.00% of their portfolio STAMFORD, CT 200,000200.0k $70.0k $70.0k 0.00% Unchanged
25 GABELLI & Co INVESTMENT ADVISERS, INC. 0.01% of their portfolio Rye, NY 174,500174.5k $57.6k $57.6k 0.01% Unchanged
26 MOORE CAPITAL MANAGEMENT, LP 0.00% of their portfolio NEW YORK, NY 150,000150.0k $49.5k $49.5k 0.00% Unchanged
27 GABELLI FUNDS LLC 0.00% of their portfolio Rye, NY 125,500125.5k $41.4k $41.4k 0.00% Unchanged
28 Radcliffe Capital Management, L.P. 0.00% of their portfolio BALA CYNWYD, PA 100,088100.1k $31.3k $31.3k 0.00% Reduced -14.9k -14,861
29 Schonfeld Strategic Advisors LLC 0.00% of their portfolio NEW YORK, NY 99,999100.0k $31.2k $31.2k 0.00% Reduced -584.1k -584,063
30 Shaolin Capital Management LLC 0.00% of their portfolio Miami, FL 96,49896.5k $31.9k $31.9k 0.00% Reduced -348.2k -348,166
31 Parallax Volatility Advisers, L.P. 0.00% of their portfolio San Francisco, CA 94,01894.0k $32.9k $32.9k 0.00% Reduced -95.3k -95,282
32 Bulldog Investors, LLP 0.00% of their portfolio SADDLE BROOK, NJ 67,98068.0k $18.5k $18.5k 0.00% Unchanged
33 CSS LLC/IL 0.00% of their portfolio CHICAGO, IL 33,47333.5k $110.5k $110.5k 0.00% Unchanged
34 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 27,14327.1k $9.5k $9.5k 0.00% Unchanged
35 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 16,00016.0k $5.6k $5.6k 0.00% Unchanged
36 READYSTATE ASSET MANAGEMENT LP 0.00% of their portfolio CHICAGO, IL 10,80010.8k $3.8k $3.8k 0.00% Unchanged