Rivernorth Capital Management’s PROOF Acquisition Corp I Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant PACI.U Stock Holding History

Rivernorth Capital Management’s Portfolio PACI.U Stock Details PACI.U Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2023 Q2	–	Sell	-220,000	Closed	-$2.28M	–	650
2023 Q1	$2.28M	Hold	220,000	–	–	0.11%	164
2022 Q4	$2.27M	Hold	220,000	–	–	0.1%	185
2022 Q3	$2.2M	Hold	220,000	–	–	0.1%	203
2022 Q2	$2.15M	Hold	220,000	–	–	0.09%	199
2022 Q1	$2.2M	Hold	220,000	–	–	0.08%	207
2021 Q4	$2.2M	Buy	+220,000	New	+$2.21M	0.09%	181

Other funds holding PACI.U

Clear Street New York $24.6B AUM 56.26% 1-Year Est. Return

WAM

Wolverine Asset Management Chicago, Illinois $10.4B AUM 4.78% 1-Year Est. Return

SFM

Spartan Fund Management Toronto, Ontario, Canada $30M AUM 11.98% 1-Year Est. Return

Rivernorth Capital Management's PACI.U Position: Q2 2023 in Review

Rivernorth Capital Management sold out of PROOF Acquisition Corp I Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant (PACI.U) in Q2 2023, closing a stake of 220,000 shares — an estimated $2.28M sold.

Rivernorth Capital Management first reported a position in PACI.U in Q4 2021 and held it in 6 quarters. The position peaked at $2.28M in Q1 2023. 3 funds tracked by Wall St. Rank hold PACI.U as of Q2 2023.

Rivernorth Capital Management reported no remaining PROOF Acquisition Corp I Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant position as of Q2 2023 after selling out during the quarter.
Rivernorth Capital Management sold 220,000 PROOF Acquisition Corp I Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant shares in Q2 2023, an estimated $2.28M.
Rivernorth Capital Management first reported a position in PROOF Acquisition Corp I Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant in Q4 2021 and held it in 6 quarters.
Rivernorth Capital Management's PROOF Acquisition Corp I Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant position peaked at $2.28M in Q1 2023.
3 funds tracked by Wall St. Rank held PROOF Acquisition Corp I Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant as of Q2 2023.

Based on Rivernorth Capital Management's 13F filing for Q2 2023, filed 14 Aug 2023.