Vault-13

NEW PROVIDENCE ACQUISITION C NPACU

UNIT 99/99/9999 · Unit · CUSIP G6476A128

28 institutional holders
11,805,50011.8m shares reported held*
$123.4mreported value*

* 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 ≈ $10.46.

Biggest buyers

MMCAP International Inc. SPC New +2,200,000+2.2m
AQR Arbitrage LLC New +2,200,000+2.2m
Westchester Capital Management, LLC New +1,280,000+1.3m
PICTON MAHONEY ASSET MANAGEMENT New +1,000,000+1.0m
Wealthspring Capital LLC New +775,100+775.1k
MILLENNIUM MANAGEMENT LLC New +673,497+673.5k
Mint Tower Capital Management B.V. New +500,000+500.0k
HGC Investment Management Inc. New +450,000+450.0k
Schonfeld Strategic Advisors LLC New +428,606+428.6k
RIVERNORTH CAPITAL MANAGEMENT, LLC New +350,000+350.0k

Biggest sellers

None

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 2025-05-01 5.6% new 1.5m 2025-05-01

Insider purchases and sales in Q2 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
101Q3 23: 0 buyingQ3 23: 0 sellingQ4 23: 0 buyingQ4 23: 0 sellingQ4 23Q1 24: 0 buyingQ1 24: 0 sellingQ2 24: 0 buyingQ2 24: 0 sellingQ2 24Q3 24: 0 buyingQ3 24: 0 sellingQ4 24: 0 buyingQ4 24: 0 sellingQ4 24Q1 25: 0 buyingQ1 25: 0 sellingQ2 25: 1 buyingQ2 25: 0 sellingQ2 25
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q3 20230—0——
Q4 20230—0——
Q1 20240—0——
Q2 20240—0——
Q3 20240—0——
Q4 20240—0——
Q1 20250—0——
Q2 20251$6.1m0——
DateInsiderTradeSharesPrice ValueTheir holding
2025-04-25 Smith Gary P. +2 Co-CEO, director Bought 611,075 $10.00 $6.1m611.1k shares +8%

Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 AQR Arbitrage LLC 0.54% of their portfolio Greenwich, CT 2,200,0002.2m $23.0m $23.0m 0.54% New
2 MMCAP International Inc. SPC 2.77% of their portfolio GRAND CAYMAN, E9 2,200,0002.2m $23.0m $23.0m 2.77% New
3 Westchester Capital Management, LLC 0.78% of their portfolio VALHALLA, NY 1,280,0001.3m $13.4m $13.4m 0.78% New
4 PICTON MAHONEY ASSET MANAGEMENT 0.15% of their portfolio Toronto, A6 1,000,0001.0m $10.5m $10.5m 0.15% New
5 Wealthspring Capital LLC 2.14% of their portfolio WEST HARRISON, NY 775,100775.1k $8.1m $8.1m 2.14% New
6 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 673,497673.5k $7.0m $7.0m 0.01% New
7 Mint Tower Capital Management B.V. 0.79% of their portfolio AMSTERDAM, P7 500,000500.0k $5.2m $5.2m 0.79% New
8 HGC Investment Management Inc. 1.31% of their portfolio TORONTO, A6 450,000450.0k $4.7m $4.7m 1.31% New
9 Schonfeld Strategic Advisors LLC 0.03% of their portfolio NEW YORK, NY 428,606428.6k $4.5m $4.5m 0.03% New
10 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 350,000350.0k $3.7m $3.7m 0.00% New
11 RIVERNORTH CAPITAL MANAGEMENT, LLC 0.20% of their portfolio WEST PALM BEACH, FL 350,000350.0k $3.7m $3.7m 0.20% New
12 MOORE CAPITAL MANAGEMENT, LP 0.06% of their portfolio NEW YORK, NY 300,000300.0k $3.1m $3.1m 0.06% New
13 CANTOR FITZGERALD, L. P. 0.07% of their portfolio NEW YORK, NY 271,400271.4k $2.8m $2.8m 0.07% New
14 ExodusPoint Capital Management, LP 0.03% of their portfolio NEW YORK, NY 218,009218.0k $2.3m $2.3m 0.03% New
15 DLD Asset Management, LP 0.25% of their portfolio NEW YORK, NY 200,000200.0k $2.1m $2.1m 0.25% New
16 Centiva Capital, LP 0.14% of their portfolio New York, NY 200,000200.0k $2.1m $2.1m 0.14% New
17 HRT FINANCIAL LP 0.01% of their portfolio NEW YORK, NY 171,197171.2k $1.8m $1.8m 0.01% New
18 WEXFORD CAPITAL LP 0.29% of their portfolio WEST PALM BEACH, FL 100,000100.0k $1.0m $1.0m 0.29% New
19 CLEAR STREET LLC 0.00% of their portfolio NEW YORK, NY 55,52155.5k $580.8k $580.8k 0.00% New
20 Parallax Volatility Advisers, L.P. 0.01% of their portfolio San Francisco, CA 35,00035.0k $366.1k $366.1k 0.01% New
21 UBS Group AG 0.00% of their portfolio ZURICH, V8 17,55517.6k $183.6k $183.6k 0.00% New
22 PenderFund Capital Management Ltd. 0.04% of their portfolio VANCOUVER, A1 14,70014.7k $153.6k $153.6k 0.04% New
23 Radcliffe Capital Management, L.P. 0.01% of their portfolio BALA CYNWYD, PA 14,41714.4k $150.8k $150.8k 0.01% New
24 LONGFELLOW INVESTMENT MANAGEMENT CO LLC 0.00% of their portfolio BOSTON, MA 486486 $5.1k $5.1k 0.00% New
25 Magnetar Financial LLC 0.00% of their portfolio EVANSTON, IL 1010 $105 $105 0.00% New
26 TORONTO DOMINION BANK 0.00% of their portfolio TORONTO, ONTARIO, A6 11 $10 $10 0.00% New
27 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.00% of their portfolio TORONTO, A6 11 $10 $10 0.00% New
28 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — New