Tenor Capital Management’s System1, Inc. Warrants, each whole warrant exercisable for one share of Class A Common Stock at an exercise price of $11.50 per share SST.WS Stock Holding History

Tenor Capital Management’s Portfolio SST.WS Stock Details SST.WS Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q2	–	Sell	-60,750	Closed	-$1.21K	–	383
2025 Q1	$1.21K	Hold	60,750	–	–	﹤0.01%	291
2024 Q4	$1.09K	Hold	60,750	–	–	﹤0.01%	280
2024 Q3	$4.4K	Hold	60,750	–	–	﹤0.01%	229
2024 Q2	$3.38K	Hold	60,750	–	–	﹤0.01%	258
2024 Q1	$8.81K	Hold	60,750	–	–	﹤0.01%	256
2023 Q4	$9.71K	Hold	60,750	–	–	﹤0.01%	238
2023 Q3	$3.34K	Hold	60,750	–	–	﹤0.01%	318
2023 Q2	$30.4K	Hold	60,750	–	–	﹤0.01%	227
2023 Q1	$23.1K	Hold	60,750	–	–	﹤0.01%	293
2022 Q4	$28.2K	Hold	60,750	–	–	﹤0.01%	373
2022 Q3	$66K	Hold	60,750	–	–	﹤0.01%	477
2022 Q2	$49K	Hold	60,750	–	–	﹤0.01%	519
2022 Q1	$97K	Buy	+60,750	New	+$86.5K	﹤0.01%	535

Other funds holding SST.WS

Healthcare of Ontario Pension Plan (HOOPP) Trust Fund Toronto, Ontario, Canada $62.2B AUM 31.35% 1-Year Est. Return

SPIA

Steward Partners Investment Advisory New York $19.6B AUM 22.89% 1-Year Est. Return

Tenor Capital Management's SST.WS Position: Q2 2025 in Review

Tenor Capital Management sold out of System1, Inc. Warrants, each whole warrant exercisable for one share of Class A Common Stock at an exercise price of $11.50 per share (SST.WS) in Q2 2025, closing a stake of 60,750 shares — an estimated $1.21K sold.

Tenor Capital Management first reported a position in SST.WS in Q1 2022 and held it in 13 quarters. The position peaked at $97K in Q1 2022. 2 funds tracked by Wall St. Rank hold SST.WS as of Q2 2025.

Tenor Capital Management reported no remaining System1, Inc. Warrants, each whole warrant exercisable for one share of Class A Common Stock at an exercise price of $11.50 per share position as of Q2 2025 after selling out during the quarter.
Tenor Capital Management sold 60,750 System1, Inc. Warrants, each whole warrant exercisable for one share of Class A Common Stock at an exercise price of $11.50 per share shares in Q2 2025, an estimated $1.21K.
Tenor Capital Management first reported a position in System1, Inc. Warrants, each whole warrant exercisable for one share of Class A Common Stock at an exercise price of $11.50 per share in Q1 2022 and held it in 13 quarters.
Tenor Capital Management's System1, Inc. Warrants, each whole warrant exercisable for one share of Class A Common Stock at an exercise price of $11.50 per share position peaked at $97K in Q1 2022.
2 funds tracked by Wall St. Rank held System1, Inc. Warrants, each whole warrant exercisable for one share of Class A Common Stock at an exercise price of $11.50 per share as of Q2 2025.

Based on Tenor Capital Management's 13F filing for Q2 2025, filed 14 Aug 2025.