Vault-13

LAUNCHPAD CADENZA ACQUISITIO LPCVU

UNIT 12/15/2030 · Unit · CUSIP G6001S123

14 institutional holders -11 vs Q1 2026
3,167,7213.2m shares reported held*
$32.0mreported value*
0 new 3 added 0 reduced 11 sold out net sold ≈ $31.0m (-3.1m 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 ≈ $10.09.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0255075Q4 25: 64Q1 26: 25Q2 26: 1414Q4 25Q1 26Q2 26
Numbers
QuarterHolders
Q4 202564
Q1 202625
Q2 202614

Buyers vs sellers

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

Bought or addedCut or sold out
50050Q1 26: 1 bought or addedQ1 26: 47 cut or sold outQ1 26Q2 26: 3 bought or addedQ2 26: 11 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q1 2026147
Q2 2026311

Biggest buyers

TORONTO DOMINION BANK Added +100,000+100.0k
Clear Street Group Inc. Added +2,155+2.2k
UBS Group AG Added +65+65

Biggest sellers

MMCAP International Inc. SPC Sold out -1,000,000-1.0m
HGC Investment Management Inc. Sold out -725,000-725.0k
MILLENNIUM MANAGEMENT LLC Sold out -450,000-450.0k
TIG Advisors, LLC Sold out -400,000-400.0k
Westchester Capital Management, LLC Sold out -334,463-334.5k
GRITSTONE ASSET MANAGEMENT LLC Sold out -125,000-125.0k
RLH Capital LLC Sold out -50,000-50.0k
Quarry LP Sold out -50,000-50.0k
Kryger Capital LLC Sold out -24,062-24.1k
HEIGHTS CAPITAL MANAGEMENT, INC Sold out -20,000-20.0k

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
Launch Sponsor LLC 13G · exempt (held before listing) new · filed 2026-04-02 20.0% new 5.8m≈ $58.0m 2026-04-02
Adage Capital Management, L.P. 13G · institution new · filed 2026-02-12 5.4% new 1.2m≈ $12.6m 2026-02-12
TENOR CAPITAL MANAGEMENT Co., L.P. 13G · passive investor new · filed 2025-12-22 5.4% new 1.2m≈ $12.6m 2025-12-22

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.

None reported since 1 Apr 2026.

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 LMR Partners LLP 0.07% of their portfolio LONDON, X0 1,000,0001.0m $10.1m $10.1m 0.07% Unchanged
2 PICTON MAHONEY ASSET MANAGEMENT 0.07% of their portfolio Toronto, A6 750,000750.0k $7.6m $7.6m 0.07% Unchanged
3 OMERS ADMINISTRATION Corp 0.02% of their portfolio TORONTO, A6 400,000400.0k $4.0m $4.0m 0.02% Unchanged
4 Lineage Point Capital LP 0.52% of their portfolio PALM BEACH, FL 250,000250.0k $2.5m $2.5m 0.52% Unchanged
5 SYQUANT CAPITAL SAS 0.45% of their portfolio PARIS, I0 200,000200.0k $2.0m $2.0m 0.45% Unchanged
6 Calamos Advisors LLC 0.01% of their portfolio NAPERVILLE, IL 197,792197.8k $2.0m $2.0m 0.01% Unchanged
7 TORONTO DOMINION BANK 0.00% of their portfolio TORONTO, ONTARIO, A6 147,469147.5k $1.5m $1.5m 0.00% Added +100.0k +100,000
8 Clear Street Group Inc. 0.00% of their portfolio NEW YORK, NY 68,76068.8k $693.1k $693.1k 0.00% Added +2.2k +2,155
9 PRELUDE CAPITAL MANAGEMENT, LLC 0.04% of their portfolio NEW YORK, NY 50,00050.0k $504.0k $504.0k 0.04% Unchanged
10 Stoic Point Capital Management LLC 0.42% of their portfolio PALO ALTO, CA 50,00050.0k $504.0k $504.0k 0.42% Unchanged
11 Parallax Volatility Advisers, L.P. 0.02% of their portfolio San Francisco, CA 43,58543.6k $442.4k $442.4k 0.02% Unchanged
12 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 10,00010.0k $100.8k $100.8k 0.00% Unchanged
13 UBS Group AG 0.00% of their portfolio ZURICH, V8 113113 $1.1k $1.1k 0.00% Added +65 +65
14 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.00% of their portfolio TORONTO, A6 22 $20 $20 0.00% Unchanged