Direct Selling Acquisition Corp. Warrants, each whole warrant exercisable for one share of Class A common stock at an exercise price of $11.50 per share

DSAQ.WS

DSAQ.WS Hedge Fund Activity: Q4 2025 in Review

0 of the 8,224 institutional investors tracked by Wall St. Rank reported a position in Direct Selling Acquisition Corp. Warrants, each whole warrant exercisable for one share of Class A common stock at an exercise price of $11.50 per share (DSAQ.WS) for Q4 2025, worth a combined $0 — down 100% from $12.1K a quarter earlier.

Sellers outnumbered buyers: 2 funds closed out of DSAQ.WS and 0 opened new positions — a net loss of 2 holders — while 0 trimmed existing stakes and 0 added.

The largest seller was Meteora Capital, exiting entirely with an estimated $12K sold.

• 0 institutional investors held Direct Selling Acquisition Corp. Warrants, each whole warrant exercisable for one share of Class A common stock at an exercise price of $11.50 per share (DSAQ.WS) as of Q4 2025, down from 2 in Q3 2025.
• Funds reported $0 of Direct Selling Acquisition Corp. Warrants, each whole warrant exercisable for one share of Class A common stock at an exercise price of $11.50 per share stock for Q4 2025, down 100% quarter-over-quarter.
• 0 funds opened new Direct Selling Acquisition Corp. Warrants, each whole warrant exercisable for one share of Class A common stock at an exercise price of $11.50 per share positions in Q4 2025 and 2 closed out, a net change of -2 holders.
• The largest Direct Selling Acquisition Corp. Warrants, each whole warrant exercisable for one share of Class A common stock at an exercise price of $11.50 per share seller in Q4 2025 was Meteora Capital, an estimated $12K sold.

Based on aggregated 13F filings for Q4 2025.