The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Expires: July 31, 2015
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
Artius II Acquisition Inc COM G0509J115 2,645,956 252,236 SH DFND 252,236 0 0
American Drive Acquisition Co UNIT G0R91M121 255,750 25,000 SH DFND 25,000 0 0
Activate Energy Acquisition Co UNIT G0081J129 101,601 10,000 SH DFND 10,000 0 0
Agriculture & Natural Solution COM G0131Y100 6,220,337 544,688 SH DFND 544,688 0 0
StoneBridge Acquisition II Cor COM G85096108 584,775 57,500 SH DFND 57,500 0 0
Apex Treasury Corp COM G04104108 3,015,000 300,000 SH DFND 300,000 0 0
ARC Group Acquisition I Corp COM G24498118 2,470,000 250,000 SH DFND 250,000 0 0
Art Technology Acquisition Cor COM G0579E103 993,000 100,000 SH DFND 100,000 0 0
ART TECHNOLOGY ACQUISIT-CL A Warrant G0579E111 9,880 25,000 SH DFND 25,000 0 0
Blue Acquisition Corp COM G1331A108 2,839,009 267,831 SH DFND 267,831 0 0
Blue Acquisition Corp Right G1331A116 164,736 211,200 SH DFND 211,200 0 0
Bayview Acquisition Corp COM 07323B100 1,045,412 86,113 SH DFND 86,113 0 0
D Boral ARC Acquisition I Corp COM G2616F101 9,264,583 888,263 SH DFND 888,263 0 0
Black Spade Acquisition III Co UNIT G1154S129 353,363 34,900 SH DFND 34,900 0 0
Bitcoin Infrastructure Acquisi COM G1143H101 3,987,895 398,989 SH DFND 398,989 0 0
BITCOIN INFRASTRUCTURE-CL A Warrant G1143H119 62,582 197,794 SH DFND 197,794 0 0
Black Hawk Acquisition Corp COM G1148A101 351,816 29,448 SH DFND 29,448 0 0
Bluerock Acquisition Corp COM G1352R105 2,744,500 275,000 SH DFND 275,000 0 0
BLUEROCK ACQUISITION CORP-A Warrant G1352R113 41,250 91,666 SH DFND 91,666 0 0
Blue Water Acquisition Corp II COM G1368E106 516,000 50,000 SH DFND 50,000 0 0
Breeze Acquisition Corp II COM G13227106 1,734,250 175,000 SH DFND 175,000 0 0
Cantor Equity Partners VII Inc COM G1828W100 2,522,500 250,000 SH DFND 250,000 0 0
Collective Acquisition Corp II UNIT G22741121 2,169,567 216,200 SH DFND 216,200 0 0
Cayson Acquisition Corp COM G1993W109 622,895 56,218 SH DFND 56,218 0 0
Collective Acquisition Corp COM G2867S109 177,146 16,968 SH DFND 16,968 0 0
Cohen Circle Acquisition Corp COM G2254C121 750,819 72,895 SH DFND 72,895 0 0
COHEN CIRCLE ACQUISIT II - A Warrant G2254C113 12,940 18,223 SH DFND 18,223 0 0
Cantor Equity Partners I Inc COM G1827K107 15,707,568 1,474,889 SH DFND 1,474,889 0 0
Cantor Equity Partners V Inc COM G1828S109 1,546,875 150,000 SH DFND 150,000 0 0
ChampionsGate Acquisition Corp COM G2124S108 831,600 80,000 SH DFND 80,000 0 0
ChampionsGate Acquisition Corp Right G2124S116 23,240 160,000 SH DFND 160,000 0 0
Colombier Acquisition Corp III COM G2284A103 1,281,250 125,000 SH DFND 125,000 0 0
COLOMBIER ACQ III-CL A Warrant G2284A111 12,499 15,624 SH DFND 15,624 0 0
PIERMONT VALLEY ACQUISITION Warrant G1889L126 3,192 159,596 SH DFND 159,596 0 0
Canna-Global Acquisition Corp COM 13767K101 296,323 30,065 SH DFND 30,065 0 0
Cal Redwood Acquisition Corp COM G17564108 257,500 25,000 SH DFND 25,000 0 0
Cal Redwood Acquisition Corp Right G17564116 27 100 SH DFND 100 0 0
Lionheart Holdings COM G5501C109 2,154,000 200,000 SH DFND 200,000 0 0
Churchill Capital Corp XII UNIT G2131M128 540,000 50,000 SH DFND 50,000 0 0
Digital Asset Acquisition Corp COM G2868C103 4,203,101 404,923 SH DFND 404,923 0 0
D Boral Acquisition I Corp COM G2616T101 3,290,100 330,000 SH DFND 330,000 0 0
D. BORAL ACQUISITION I-CL A Warrant G2616T119 19,000 50,000 SH DFND 50,000 0 0
Drugs Made In America Acquisit COM G2847J104 1,231,204 115,606 SH DFND 115,606 0 0
Roman DBDR Acquisition Corp II COM G7633M104 3,687,513 350,025 SH DFND 350,025 0 0
DT Cloud Star Acquisition Corp COM G2853N106 720,652 63,831 SH DFND 63,831 0 0
Dt Cloud Acquisition Corp Right G28524133 9,643 8,712 SH DFND 8,712 0 0
Dynamix Corp COM G2949D104 401,863 37,244 SH DFND 37,244 0 0
Insight Digital Partners II COM G4814G105 244,996 24,402 SH DFND 24,402 0 0
Eureka Acquisition Corp COM G32168109 1,774,668 155,400 SH DFND 155,400 0 0
EQV Ventures Acquisition Corp COM G3106Q102 2,036,000 200,000 SH DFND 200,000 0 0
Fact II Acquisition Corp COM G32901103 28,574 2,688 SH DFND 2,688 0 0
Fifth Era Acquisition Corp I COM G3415K101 2,605,000 250,000 SH DFND 250,000 0 0
Future Money Acquisition Corp COM G3700S108 5,738,500 575,000 SH DFND 575,000 0 0
Future Money Acquisition Corp Right G3700S116 29,925 175,000 SH DFND 175,000 0 0
Four Leaf Acquisition Corp COM 35088F107 610,236 50,600 SH DFND 50,600 0 0
Flag Ship Acquisition Corp COM G3530C109 1,774,400 160,000 SH DFND 160,000 0 0
Future Vision II Acquisition C COM G37068106 2,387,396 218,027 SH DFND 218,027 0 0
FortuneX Acquisition Corp UNIT G3645W123 1,005,000 100,000 SH DFND 100,000 0 0
General Fusion Group Ltd COM 369884101 6,318,241 615,813 SH DFND 615,813 0 0
GigCapital9 Corp COM G3865B114 1,479,262 148,969 SH DFND 148,969 0 0
GigCapital9 Corp Right G3865B122 41,466 145,469 SH DFND 145,469 0 0
GSR IV Acquisition Corp COM G4R12K107 7,830,309 771,459 SH DFND 771,459 0 0
HELIX ACQUISITION CORP III COM G4444S107 1,596,000 150,000 SH DFND 150,000 0 0
Infinite Eagle Acquisition Cor UNIT G4802J129 103,300 10,000 SH DFND 10,000 0 0
Illumination Acquisition Corp COM G470AU100 495,000 50,000 SH DFND 50,000 0 0
Inflection Point Acquisition C COM G47875102 14,719,837 1,424,960 SH DFND 1,424,960 0 0
Inflection Point Acquisition C Right G47875110 81,000 180,000 SH DFND 180,000 0 0
Inflection Point Acquisition C COM G6001J107 637,663 60,672 SH DFND 60,672 0 0
Inflection Point Acquisition C COM G4790S107 971,960 94,000 SH DFND 94,000 0 0
INFLECTION POINT ACQUI CL-A Warrant G4790S115 153,711 81,761 SH DFND 81,761 0 0
IQM Quantum Computers Oyj #N/A 462921107 372,266 35,660 SH DFND 35,660 0 0
Jena Acquisition Corp II Right G5093B113 17,000 100,000 SH DFND 100,000 0 0
Kochav Defense Acquisition Cor Right G5304D114 8,151 40,350 SH DFND 40,350 0 0
K&F Growth Acquisition Corp II COM G52258111 2,094,175 198,500 SH DFND 198,500 0 0
K&F Growth Acquisition Corp II Right G52258129 12,332 98,500 SH DFND 98,500 0 0
CSLM Digital Asset Acquisition COM G2584S101 1,571,700 155,000 SH DFND 155,000 0 0
CSLM DIGITAL ASSET ACQU - A Warrant G2584S119 38,210 190,004 SH DFND 190,004 0 0
Keen Vision Acquisition Corp COM G52443119 1,853,589 149,483 SH DFND 149,483 0 0
Launch One Acquisition Corp COM G5S86M100 1,626,000 150,000 SH DFND 150,000 0 0
Launchpad Cadenza Acquisition COM G6001S107 500,000 50,000 SH DFND 50,000 0 0
LAUNCHPAD CADENZA ACQUI-CL A Warrant G6001S115 6,249 16,666 SH DFND 16,666 0 0
Lightwave Acquisition Corp COM G5490M100 250,390 24,500 SH DFND 24,500 0 0
Yorkville Acquisition Corp COM G98659116 4,515,179 442,231 SH DFND 442,231 0 0
M Evo Global Acquisition Corp COM G6071J102 1,488,000 150,000 SH DFND 150,000 0 0
M EVO GLOBAL ACQUISITIO-CL A Warrant G6071J110 28,875 75,000 SH DFND 75,000 0 0
Mountain Lake Acquisition Corp COM G6301L109 1,489,500 150,000 SH DFND 150,000 0 0
MOUNTAIN LAKE ACQUISITI-CL A Warrant G6301L117 20,258 75,000 SH DFND 75,000 0 0
Maywood Acquisition Corp 2 COM G5T117102 2,223,000 225,000 SH DFND 225,000 0 0
Maywood Acquisition Corp 2 Right G5T117110 23,063 112,500 SH DFND 112,500 0 0
MAYWOOD ACQUISITION C2-CL-A Warrant G5T117136 7,354 112,500 SH DFND 112,500 0 0
NewHold Investment Corp III COM G6486E102 2,472,618 227,054 SH DFND 227,054 0 0
CO2 Energy Transition Corp COM 12664M103 1,296,940 124,228 SH DFND 124,228 0 0
New Providence Acquisition Cor COM G6476A102 2,595,200 250,000 SH DFND 250,000 0 0
Newbury Street II Acquisition COM G6439S109 1,280 120 SH DFND 120 0 0
New America Acquisition I Corp COM 023634108 2,030,000 200,000 SH DFND 200,000 0 0
NEW AMERICA ACQUISITION-CL A Warrant 023634116 60,000 100,000 SH DFND 100,000 0 0
Oak Woods Acquisition Corp COM 67190B104 334,339 26,493 SH DFND 26,493 0 0
Oxley Bridge Acquisition Ltd COM G6858G107 1,022,000 100,000 SH DFND 100,000 0 0
Oceanhawk Acquisition Corp UNIT G6722R115 1,376,619 135,494 SH DFND 135,494 0 0
1RT Acquisition Corp COM G6757R105 512,080 49,959 SH DFND 49,959 0 0
ProCap Acquisition Corp COM G7257A105 2,570,000 250,000 SH DFND 250,000 0 0
Plutonian Acquisition Corp II COM G71382108 995,000 100,000 SH DFND 100,000 0 0
Pono Capital Four Inc UNIT G71702123 506,500 50,000 SH DFND 50,000 0 0
Praetorian Acquisition Corp COM G7S17G103 3,965,327 399,328 SH DFND 399,328 0 0
PRAETORIAN ACQUISITION COR-A Warrant G7S17G129 18,915 49,776 SH DFND 49,776 0 0
Quartzsea Acquisition Corp COM G7314B104 2,655,658 252,439 SH DFND 252,439 0 0
Quantumsphere Acquisition Corp COM G7387B106 2,555,000 250,000 SH DFND 250,000 0 0
Quantumsphere Acquisition Corp Right G7387B114 29,713 184,900 SH DFND 184,900 0 0
Republic Digital Acquisition C COM G7515A103 825,517 79,992 SH DFND 79,992 0 0
REPUBLIC DIGITAL ACQUIS-CL A Warrant G7515A129 20,629 54,996 SH DFND 54,996 0 0
RF Acquisition Corp III COM G7537X107 841,075 85,000 SH DFND 85,000 0 0
RF Acquisition Corp III Right G7537X123 10,200 85,000 SH DFND 85,000 0 0
Renatus Tactical Acquisition C COM G7490F101 314,400 30,000 SH DFND 30,000 0 0
Shreya Acquisition Group COM G8116J105 989,000 100,000 SH DFND 100,000 0 0
Silverbox Corp IV COM G81354105 2,271,105 210,093 SH DFND 210,093 0 0
SC II Acquisition Corp COM G7866D102 1,750,416 174,518 SH DFND 174,518 0 0
SC II Acquisition Corp Right G7866D110 25,063 125,000 SH DFND 125,000 0 0
Soulpower Acquisition Corp COM G82745103 6,384,698 616,879 SH DFND 616,879 0 0
Titan Acquisition Corp COM G8901A103 4,216,050 405,000 SH DFND 405,000 0 0
BERTO ACQUISITION CORP Warrant G1051H119 47,671 66,926 SH DFND 66,926 0 0
Target Global Acquisition I Co COM G8675N109 157,608 14,996 SH DFND 14,996 0 0
Texas Ventures Acquisition III COM G8772L105 1,162,979 110,235 SH DFND 110,235 0 0
Texas Ventures Acquisition III UNIT G8772L121 292 27 SH DFND 27 0 0
TEXAS VENTURES ACQUISITION-A Warrant G8772L113 3,302 6,228 SH DFND 6,228 0 0
WEN ACQUISITION CORP-A Warrant G9R39C111 7,086 20,000 SH DFND 20,000 0 0
Armada Acquisition Corp II COM G0R38G104 7,890,837 757,278 SH DFND 757,278 0 0
Xsolla SPAC 1 COM G9833K102 2,976,000 300,000 SH DFND 300,000 0 0
XSOLLA SPAC 1-CL A Warrant G9833K110 33,698 150,000 SH DFND 150,000 0 0
Lite Strategy Inc COM 55279B301 743,854 806,433 SH DFND 806,433 0 0
Procap Financial Inc COM 74277P105 413,875 268,750 SH DFND 268,750 0 0