TENOR CAPITAL MANAGEMENT Co., L.P. Q4 2025 Filing

Filed February 17, 2026

Portfolio Value

$7.1B

Holdings

438

Report Date

Q4 2025

Filing Type

13F-HR

All Holdings (438 positions)

#	Stock	Shares	Value	% Portfolio
101	CHACRCRANE HBR ACQUISITION CORP	1,463,601	$15.8M	0.22%
102	ATIIARCHIMEDES TECH SPAC PARTNER	1,500,000	$15.5M	0.22%
103	—HENNESSY CAP INVT CORP VII	1,500,000	$15.5M	0.22%
104	CGCTCARTESIAN GROWTH CORP III	1,500,000	$15.4M	0.22%
105	FERAFIFTH ERA ACQUISITION CORP I	1,500,000	$15.4M	0.22%
106	NPACNEW PROVIDENCE ACQUISITION C	1,500,000	$15.4M	0.22%
107	TVATEXAS VENTURES ACQUISITION I	1,396,956	$14.9M	0.21%
108	DMIIDRUGS MADE IN AMER ACQ II CO	1,500,000	$14.8M	0.21%
109	GIWGIGCAPITAL8 CORP	1,500,000	$14.8M	0.21%
110	SDHISIDDHI ACQUISITION CORP	1,374,599	$14.1M	0.20%
111	GH 0 11/15/27GUARDANT HEALTH INC	13,115,000	$14.1M	0.20%
112	LIVN 2.5 03/15/29LIVANOVA PLC	12,000,000	$14.0M	0.20%
113	AMPH 2 03/15/29AMPHASTAR PHARMACEUTICALS IN	15,000,000	$14.0M	0.20%
114	SNAP 0.125 03/01/28SNAP INC	15,264,000	$13.9M	0.20%
115	DXCM 0.375 05/15/28DEXCOM INC	15,000,000	$13.9M	0.20%
116	ORA 2.5 07/15/27ORMAT TECHNOLOGIES INC	10,000,000	$13.6M	0.19%
117	BACCBLUE ACQUISITION CORP.	1,317,152	$13.4M	0.19%
118	OSIS 2.25 08/01/29OSI SYSTEMS INC	8,761,000	$13.1M	0.18%
119	FTWEQV VENTURES AC CORP. II	1,300,000	$13.0M	0.18%
120	COLL 2.875 02/15/29COLLEGIUM PHARMACEUTICAL INC	9,000,000	$12.8M	0.18%
121	RIVN 4.625 03/15/29RIVIAN AUTOMOTIVE INC	10,000,000	$12.8M	0.18%
122	RAAQREAL ASSET ACQUISITION CORP	1,250,000	$12.8M	0.18%
123	EVH 4.5 08/15/31EVOLENT HEALTH INC	17,500,000	$12.7M	0.18%
124	KOYNDIGITAL ASSET ACQUISITION CO	1,250,000	$12.7M	0.18%
125	IPCXINFLECTION PT ACQUISITION CO	1,250,000	$12.7M	0.18%
126	DBX 0 03/01/28DROPBOX INC	12,500,000	$12.6M	0.18%
127	MESHMESHFLOW ACQUISITION CORP	1,250,000	$12.5M	0.18%
128	LPCVLAUNCHPAD CADENZA ACQUISITIO	1,250,000	$12.5M	0.18%
129	ITHAITHAX ACQUISITION CORP III	1,250,000	$12.5M	0.18%
130	ADACAMERICAN DRIVE ACQUISITION C	1,250,000	$12.5M	0.18%
131	BIXIBITCOIN INFRASTRUCTURE ACQUI	1,250,000	$12.4M	0.18%
132	GSHRGESHER ACQUISITION CORP. II	1,200,000	$12.3M	0.17%
133	VCICVINE HILL CAP INVT CORP.	1,136,371	$12.2M	0.17%
134	CRAQCAL REDWOOD ACQUISITION CORP	1,200,000	$12.2M	0.17%
135	APLS 3.5 09/15/26APELLIS PHARMACEUTICALS INC	11,950,000	$12.1M	0.17%
136	APADA PARADISE ACQUISITION CORP	1,200,000	$12.1M	0.17%
137	DRDBROMAN DBDR ACQUISITION CORP	1,110,000	$11.6M	0.16%
138	TAVITAVIA ACQUISITION CORP	1,090,000	$11.4M	0.16%
139	BDCIBTC DEV CORP	1,125,000	$11.3M	0.16%
140	CRANUCRANE HBR ACQUISITION CORP I	1,100,000	$11.1M	0.16%
141	MBVIM3-BRIGADE ACQUISITION VI CO	1,100,000	$11.0M	0.16%
142	GWRE 1.25 11/01/29GUIDEWIRE SOFTWARE INC	9,950,000	$11.0M	0.15%
143	LEGTLEGATO MERGER CORP III	1,000,000	$10.9M	0.15%
144	LCII 1.125 05/15/26LCI INDS	10,775,000	$10.7M	0.15%
145	FACTFACT II ACQUISITION CORP	1,000,000	$10.4M	0.15%
146	F 0 03/15/26FORD MTR CO	10,000,000	$10.4M	0.15%
147	NHICNEWHOLD INVT CORP III	1,000,000	$10.4M	0.15%
148	BLUWBLUE WTR ACQUISITION CORP. I	1,000,000	$10.3M	0.15%
149	SEI 4.75 05/01/30SOLARIS ENERGY INFRAS INC	5,125,000	$10.3M	0.15%
150	IPODDUNE ACQUISITION CORP II	1,000,000	$10.2M	0.14%
151	JENAJENA ACQUISITION CORP II	1,000,000	$10.2M	0.14%
152	—SPRING VY ACQUISITION CORP I	1,000,000	$10.2M	0.14%
153	RDAGREPUBLIC DIGITAL ACQUISITION	1,000,000	$10.1M	0.14%
154	TVAITHAYER VENTURES ACQ CORP II	1,000,000	$10.1M	0.14%
155	ALUBALUSSA ENERGY ACQUISITION CO	1,000,000	$10.1M	0.14%
156	HCMAHCM III ACQUISITION CORP	1,000,000	$10.0M	0.14%
157	LWACLIGHTWAVE ACQUISITION CORP	1,000,000	$10.0M	0.14%
158	BLZRTRAILBLAZER ACQUISITION CORP	1,000,000	$10.0M	0.14%
159	—RANGE CAP ACQUISITION CORP I	1,000,000	$10.0M	0.14%
160	CEPFCANTOR EQUITY PARTNERS IV IN	950,000	$9.8M	0.14%
161	FSLY 7.75 06/01/28FASTLY INC	8,500,000	$9.5M	0.13%
162	FSLY 0 03/15/26FASTLY INC	9,432,000	$9.3M	0.13%
163	OYSEOYSTER ENTERPRISES II ACQUIS	900,000	$9.1M	0.13%
164	LMAT 2.5 02/01/30LEMAITRE VASCULAR INC	9,000,000	$9.1M	0.13%
165	SNAP 0.5 05/01/30SNAP INC	10,000,000	$8.8M	0.12%
166	XYZ 0.25 11/01/27BLOCK INC	9,350,000	$8.7M	0.12%
167	—APEX TREAS CORP	850,000	$8.4M	0.12%
168	TACOBERTO ACQUISITION CORP	800,000	$8.1M	0.11%
169	—TALON CAP CORP	800,000	$8.1M	0.11%
170	WENNWEN ACQUISITION CORP	800,000	$8.1M	0.11%
171	SACSAFEGUARD ACQUISITION CORP	800,000	$8.1M	0.11%
172	IGACINVEST GREEN ACQUISITION COR	800,000	$8.0M	0.11%
173	GPATGP-ACT III ACQUISITION CORP	750,000	$8.0M	0.11%
174	HCACHALL CHADWICK ACQUISITION CO	800,000	$8.0M	0.11%
175	PAR 2.875 04/15/26PAR TECHNOLOGY CORP	7,850,000	$8.0M	0.11%
176	—GENERAL PURP ACQUISITION COR	800,000	$8.0M	0.11%
177	ALFCENTURION ACQUISITION CORP	750,000	$8.0M	0.11%
178	TWLVTWELVE SEAS INVT CO III	800,000	$8.0M	0.11%
179	LPAALAUNCH ONE ACQUISITION CORP	750,000	$7.9M	0.11%
180	POLEANDRETTI ACQUISITION CORP II	750,000	$7.9M	0.11%
181	COPLCOPLEY ACQUISITION CORP	750,000	$7.7M	0.11%
182	CCXIUCHURCHILL CAP CORP XI	750,000	$7.7M	0.11%
183	VCICVINE HILL CAP INVTS CORP II	750,000	$7.5M	0.11%
184	ALDFALDEL FINL II INC	699,234	$7.3M	0.10%
185	PLMKPLUM ACQUISITION CORP IV	700,000	$7.3M	0.10%
186	EGHAEGH ACQUISITION CORP.	700,000	$7.1M	0.10%
187	PAIIPYROPHYTE ACQUISITION CORP.	700,000	$7.0M	0.10%
188	EVOXEVOLUTION GLOBAL ACQUISITION	700,000	$7.0M	0.10%
189	SVCCUSTELLAR V CAP CORP	675,179	$7.0M	0.10%
190	AEAQACTIVATE ENERGY ACQUISITION	700,000	$7.0M	0.10%
191	TDACWTRANSLATIONAL DEV ACQUISITIO	635,399	$6.7M	0.09%
192	AXINAXIOM INTELLIGENCE AC CORP 1	650,000	$6.5M	0.09%
193	GRAFGRAF GLOBAL CORP	600,020	$6.5M	0.09%
194	DYORINSIGHT DIGITAL PARTNERS II	650,000	$6.4M	0.09%
195	VACIVIKING ACQUISITION CORP I	650,000	$6.4M	0.09%
196	TDWDTAILWIND 2.0 ACQUISITION COR	650,000	$6.4M	0.09%
197	BEAGBOLD EAGLE ACQUISITION CORP	600,000	$6.3M	0.09%
198	DSACUDAEDALUS SPL ACQUISITION COR	625,000	$6.3M	0.09%
199	JACSJACKSON ACQUISITION CO II	600,000	$6.3M	0.09%
200	PCAPPROCAP ACQUISITION CORP	600,000	$6.1M	0.09%

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