TRANSLATIONAL DEV ACQUISITIO TDACW
*W EXP 12/18/202 · Equity WRT · CUSIP G9008W113
- SectorBlank check (SPAC)
- IndustryBlank Checks
- HeadquartersNew York, NY
- FilingsSEC EDGAR
* 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 ≈ $1.41. Options: 1 managers hold calls ($106.9k notional), 0 hold puts (—).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q1 2025 | 25 |
| Q2 2025 | 30 |
| Q3 2025 | 33 |
| Q4 2025 | 33 |
| Q1 2026 | 32 |
| Q2 2026 | 28 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2025 | 12 | 6 |
| Q3 2025 | 6 | 12 |
| Q4 2025 | 4 | 8 |
| Q1 2026 | 1 | 7 |
| Q2 2026 | 9 | 18 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $21.8k | $0 | 0.00 |
| Q4 2025 | $23.2k | $0 | 0.00 |
| Q1 2026 | $9.0k | $0 | 0.00 |
| Q2 2026 | $106.9k | $0 | 0.00 |
Biggest buyers
| Linden Advisors LP | Added | +1.0m |
| LMR Partners LLP | Added | +355.0k |
| Calamos Advisors LLC | New | +185.8k |
| ARISTEIA CAPITAL, L.L.C. | New | +175.7k |
| D. E. Shaw & Co., Inc. | New | +175.0k |
| PEAK6 LLC | New | +127.2k |
| BARCLAYS PLC | New | +70.5k |
| Yakira Capital Management, Inc. | New | +24.0k |
| AQR Arbitrage LLC | Added | +4.0k |
Biggest sellers
| CSS LLC/IL | Reduced | -402.1k |
| Hudson Bay Capital Management LP | Sold out | -325.0k |
| Shaolin Capital Management LLC | Reduced | -274.5k |
| Verition Fund Management LLC | Reduced | -256.3k |
| TORONTO DOMINION BANK | Sold out | -192.4k |
| Meteora Capital, LLC | Sold out | -189.5k |
| PICTON MAHONEY ASSET MANAGEMENT | Sold out | -125.0k |
| WOLVERINE ASSET MANAGEMENT LLC | Sold out | -103.3k |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS | Sold out | -99.8k |
| DLD Asset Management, LP | Sold out | -97.7k |
Biggest calls
| MILLENNIUM MANAGEMENT LLC | Unchanged | $106.9k75.0k shares |
Biggest puts
| None |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
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
| Manager | Shares | Change |
|---|---|---|
| Linden Advisors LP 0.01% of their portfolio | 1.3m $1.9m | Added +1.0m |
| LMR Partners LLP 0.01% of their portfolio | 755.0k $1.1m | Added +355.0k |
| Magnetar Financial LLC 0.01% of their portfolio | 553.9k $731.1k | Reduced -96.1k |
| AQR Arbitrage LLC 0.01% of their portfolio | 551.5k $728.0k | Added +4.0k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.00% of their portfolio | 450.0k $594.0k | Unchanged |
| Polar Asset Management Partners Inc. 0.01% of their portfolio | 400.0k $570.0k | Unchanged |
| Shaolin Capital Management LLC 0.03% of their portfolio | 367.3k $523.3k | Reduced -274.5k |
| TENOR CAPITAL MANAGEMENT Co., L.P. 0.01% of their portfolio | 317.7k $452.7k | Unchanged |
| Alberta Investment Management Corp 0.00% of their portfolio | 300.0k $427.5k | Unchanged |
| RIVERNORTH CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 250.0k $475.0k | Unchanged |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 192.5k $274.3k | Unchanged |
| Verition Fund Management LLC 0.00% of their portfolio | 191.7k $253.0k | Reduced -256.3k |
| Calamos Advisors LLC 0.00% of their portfolio | 185.8k $245.2k | New |
| CSS LLC/IL 0.01% of their portfolio | 179.9k $256.4k | Reduced -402.1k |
| ARISTEIA CAPITAL, L.L.C. 0.00% of their portfolio | 175.7k $253.9k | New |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 175.0k $231.0k | New |
| MMCAP International Inc. SPC 0.02% of their portfolio | 175.0k $249.4k | Unchanged |
| WHITEBOX ADVISORS LLC 0.00% of their portfolio | 152.5k $217.3k | Unchanged |
| PEAK6 LLC 0.00% of their portfolio | 127.2k $181.2k | New |
| K2 PRINCIPAL FUND, L.P. 0.01% of their portfolio | 101.0k $143.5k | Reduced -95.4k |
| Wealthspring Capital LLC 0.03% of their portfolio | 100.8k $143.7k | Reduced -1.5k |
| Clear Street Group Inc. 0.00% of their portfolio | 89.4k $127.4k | Reduced -75.4k |
| BARCLAYS PLC 0.00% of their portfolio | 70.5k $93.0k | New |
| Periscope Capital Inc. 0.01% of their portfolio | 60.0k $85.5k | Reduced -65.0k |
| MOORE CAPITAL MANAGEMENT, LP 0.00% of their portfolio | 50.0k $71.2k | Unchanged |
| Centiva Capital, LP 0.00% of their portfolio | 50.0k $66.0k | Unchanged |
| GRITSTONE ASSET MANAGEMENT LLC 0.06% of their portfolio | 41.8k $59.6k | Unchanged |
| Yakira Capital Management, Inc. 0.01% of their portfolio | 24.0k $34.2k | New |