Nine Masts Capital’s Black Spade Acquisition Co Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant BSAQ.U Stock Holding History

Nine Masts Capital’s Portfolio BSAQ.U Stock Details BSAQ.U Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2022 Q4	–	Sell	-496,800	Closed	-$4.89M	–	59
2022 Q3	$4.89M	Sell	496,800 -3,200	-0.6%	-$31.4K	1.89%	12
2022 Q2	$4.89M	Hold	500,000	–	–	1.31%	13
2022 Q1	$4.9M	Hold	500,000	–	–	1.05%	12
2021 Q4	$5M	Hold	500,000	–	–	2.24%	13
2021 Q3	$4.96M	Buy	+500,000	New	+$4.97M	1.87%	15

Other funds holding BSAQ.U

KSCM

King Street Capital Management New York $190M AUM 16.01% 1-Year Est. Return

BCL

Bracebridge Capital LLC Boston, Massachusetts $5.53B AUM 25.79% 1-Year Est. Return

LIM

Longfellow Investment Management Boston, Massachusetts $489M AUM 9.58% 1-Year Est. Return

SVI

Strategic Vision Investment Hong Kong $157M AUM 125.87% 1-Year Est. Return

CSS

Cubist Systematic Strategies Stamford, Connecticut $21B AUM 21.48% 1-Year Est. Return

RCM

Rivernorth Capital Management West Palm Beach, Florida $2.1B AUM 2.15% 1-Year Est. Return

Royal Bank of Canada Toronto, Ontario, Canada $672B AUM 33.48% 1-Year Est. Return

WAM

Wolverine Asset Management Chicago, Illinois $11.4B AUM 5.65% 1-Year Est. Return

Clear Street New York $39.5B AUM 124.03% 1-Year Est. Return

Nine Masts Capital's BSAQ.U Position: Q4 2022 in Review

Nine Masts Capital sold out of Black Spade Acquisition Co Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant (BSAQ.U) in Q4 2022, closing a stake of 496,800 shares — an estimated $4.89M sold.

Nine Masts Capital first reported a position in BSAQ.U in Q3 2021 and held it in 5 quarters. The position peaked at $5M in Q4 2021. 9 funds tracked by Wall St. Rank hold BSAQ.U as of Q4 2022.

Nine Masts Capital reported no remaining Black Spade Acquisition Co Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant position as of Q4 2022 after selling out during the quarter.
Nine Masts Capital sold 496,800 Black Spade Acquisition Co Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant shares in Q4 2022, an estimated $4.89M.
Nine Masts Capital first reported a position in Black Spade Acquisition Co Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant in Q3 2021 and held it in 5 quarters.
Nine Masts Capital's Black Spade Acquisition Co Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant position peaked at $5M in Q4 2021.
9 funds tracked by Wall St. Rank held Black Spade Acquisition Co Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant as of Q4 2022.

Based on Nine Masts Capital's 13F filing for Q4 2022, filed 7 Feb 2023.