| Filer | Ownership | Change % | Holdings Value | Net Change | Nb Shares | Change % | Reporting Name | Report Period |
|---|---|---|---|---|---|---|---|---|
| WOLVERINE ASSET MANAGEMENT LLC | 6.4% | $4,101,051 | 410,927 | WOLVERINE ASSET MANAGEMENT LLC | 31 Mar 2025 | |||
| RIVERNORTH CAPITAL MANAGEMENT, LLC | 7.7% | $4,304,000 | 400,000 | RIVERNORTH CAPITAL MANAGEMENT, LLC | 31 Dec 2025 | |||
| Polar Asset Management Partners Inc. | 7.7% | $3,992,000 | 400,000 | Polar Asset Management Partners Inc. | 31 Mar 2025 |
As of 31 Dec 2025, 24 institutional investors reported holding 4,028,016 shares of Ribbon Acquisition Corp. - Common Shares (RIBB). This represents 77% of the company’s total 5,221,932 outstanding shares.
The largest institutional shareholders of Ribbon Acquisition Corp. - Common Shares (RIBB) together control 77% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.
| Institution | Ownership % | Shares Held | Share Change % | Portfolio % | Holdings Value |
|---|---|---|---|---|---|
| BERKLEY W R CORP | 8.9% | 462,604 | 0% | 0.27% | $4,801,830 |
| WOLVERINE ASSET MANAGEMENT LLC | 8.4% | 438,855 | -1.2% | 0.06% | $4,555,315 |
| RIVERNORTH CAPITAL MANAGEMENT, LLC | 7.7% | 400,000 | +33% | 0.2% | $4,152,000 |
| Polar Asset Management Partners Inc. | 7.7% | 400,000 | 0% | 0.08% | $4,152,000 |
| Westchester Capital Management, LLC | 5.5% | 284,734 | 0.14% | $2,958,386 | |
| Hudson Bay Capital Management LP | 4.8% | 250,000 | 0% | 0.01% | $2,597,500 |
| Karpus Management, Inc. | 4.2% | 218,287 | -3.1% | 0.07% | $2,265,819 |
| HEIGHTS CAPITAL MANAGEMENT, INC | 3.8% | 200,000 | 0% | 0.79% | $2,078,000 |
| AQR Arbitrage LLC | 3.6% | 186,895 | 0% | 0.04% | $1,941,839 |
| MANGROVE PARTNERS IM, LLC | 3.3% | 174,866 | -14% | 0.15% | $1,815,109 |
| Glazer Capital, LLC | 2.9% | 150,095 | -21% | 0.04% | $1,558,000 |
| D. E. Shaw & Co., Inc. | 2.9% | 150,000 | 0% | 0% | $1,558,500 |
| GABELLI & Co INVESTMENT ADVISERS, INC. | 2.7% | 139,200 | 0% | 0.22% | $1,444,896 |
| WHITEBOX ADVISORS LLC | 2.4% | 125,000 | 0% | 0.02% | $1,297,500 |
| GABELLI FUNDS LLC | 2% | 105,800 | 0% | 0.01% | $1,098,204 |
| TORONTO DOMINION BANK | 1.7% | 88,326 | -39% | 0% | $916,824 |
| GOLDMAN SACHS GROUP INC | 1.2% | 60,105 | 0% | 0% | $623,890 |
| TWO SIGMA INVESTMENTS, LP | 1% | 54,705 | -66% | 0% | $567,838 |
| Centiva Capital, LP | 0.77% | 40,000 | 0% | 0.03% | $415,600 |
| Clear Street Group Inc. | 0.75% | 38,978 | +229% | 0% | $404,592 |
| Dakota Wealth Management | 0.56% | 29,333 | 0% | 0.01% | $304,477 |
| Warberg Asset Management LLC | 0.34% | 17,800 | 0% | 0.06% | $184,764 |
| MIZUHO SECURITIES USA LLC | 0.24% | 12,398 | -98% | 0% | $128,443 |
| MORGAN STANLEY | 0% | 35 | +13% | 0% | $363 |
| HGC Investment Management Inc. | 0% | 0 | -100% | $0 |
| Period | Reported Shares, Excl. Options | Value, Excl. Options | Value Change | Price (Median) | Investors |
|---|---|---|---|---|---|
| 2025 Q4 | 4,028,016 | $41,821,689 | -$6,765,963 | $10.38 | 24 |
| 2025 Q3 | 4,884,656 | $49,920,412 | +$7,372,173 | $10.24 | 26 |
| 2025 Q2 | 3,972,075 | $40,234,233 | +$8,053,092 | $10.13 | 22 |
| 2025 Q1 | 3,180,050 | $31,713,582 | +$31,713,582 | $9.98 | 17 |