TDAC · Translational Development Acquisition Corp. · Holdings
$10.86
-0.04 (-0.37%)
At close · Sep 11
Going-concern doubt
— flagged Aug 14, 2026
Substantial doubt about the company's ability to continue as a going concern.
“In connection with the Company's assessment of going concern considerations in accordance with ASC 205-40, "Presentation of Financial Statements-Going Concern," management has determined that the liquidity issues and mandatory liquidation and subsequent dissolution, should the Company be unable to complete a Business Combination by the end of the Completion Window, raise substantial doubt about the Company's ability to continue as a going concern. No adjustments have been made to the carrying amounts of assets or liabilities should the Company be required to liquidate after June 24, 2027. The Company's plan to deal with the uncertainty is to complete a Business Combination prior to June 24, 2027 and to receive working capital from its Sponsor. There is no assurance that the Company's plans to consummate a Business Combination or to receive working capital from the Sponsor will be successful.”View the 10-Q filed Aug 14, 2026
Market Cap
$209.69M
Shares
19.31M
Institutional ownership from SEC Form 13F filings. Investment managers with more than $100 million in U.S. equities must disclose their positions every quarter, within 45 days of quarter-end, so the holdings shown can lag the market by up to a quarter.
Holders: 48
Total Value: $154,362,824
Total Shares: 21,632,551
Institutional Ownership Trend
7 quarters
Holder Concentration
Across 48 13F filers · Δ vs Mar 31, 2026Top Holder
8.0%
−0.0 pts
Top 5
36.1%
+4.7 pts
Top 10
62.5%
+12.4 pts
HHI
493
Broadly held+118
Quarterly Activity
vs Mar 31, 2026
New
7
Increased
7
Decreased
27
Sold Out
13
Unchanged
7
Holder count:
-6
Institutional value:
-10.1%
Shares held:
-12.9%
Top Buyers
vs Mar 31, 2026| Institution | Added | Now Holds | Open |
|---|---|---|---|
| Mid Linden Advisors LP | +1,567,932 | 2,467,931 | |
| Mid HIGHBRIDGE CAPITAL MANAGEMENT LLC | +823,198 | 861,837 | |
| Small METEORA CAPITAL, LLC | +473,239 | 919,000 | |
| Large LMR Partners LLP | +355,000 | 1,555,000 | |
| Mid Centiva Capital, LP | +100,000 | 300,000 |
Top Sellers
vs Mar 31, 2026| Institution | Sold | Now Holds | Open |
|---|---|---|---|
| Mega D. E. Shaw & Co., Inc. | −521,900 | 175,000 | |
| Mid WOLVERINE ASSET MANAGEMENT LLC | −409,814 | 944,878 | |
| Small CSS LLC/IL | −402,135 | 179,902 | |
| Mid Magnetar Financial LLC | −396,105 | 1,553,895 | |
| Large Verition Fund Management LLC | −378,711 | 238,387 |
Top New Positions
vs Mar 31, 2026| Institution | Acquired | Value (USD) | Open |
|---|---|---|---|
| Mid Kryger Capital LLC | 1,141,050 | $12,197,824 | |
| Mid BOOTHBAY FUND MANAGEMENT, LLC | 232,034 | $2,480,443 | |
| Mid CANTOR FITZGERALD, L. P. | 153,850 | $1,644,656 | |
| Mid Brevan Howard Capital Management LP | 60,533 | $647,097 | |
| Large PEAK6 LLC | 127,163 | $0 |
Top Sold-Out Positions
vs Mar 31, 2026| Institution | Previously Held | Last Value (USD) | Open |
|---|---|---|---|
| Large Hudson Bay Capital Management LP | 975,000 | $6,877,000 | |
| Mid Karpus Management, Inc. | 603,425 | $6,384,236 | |
| Mid First Trust Capital Management L.P. | 299,998 | $3,173,978 | |
| Small Crossingbridge Advisors, LLC | 290,100 | $3,069,258 | |
| Small Wealthspring Capital LLC | 307,035 | $2,165,620 |
| Holder | Value (USD) | % of 13F | Shares | Type | Filed | Open |
|---|---|---|---|---|---|---|
| Mid Linden Advisors LP | $12,293,500 | 7.96% | 1,150,000 | Shares | 2026-08-14 | |
| Mid Kryger Capital LLC | $12,197,824 | 7.90% | 1,141,050 | Shares | 2026-08-14 | |
| Mid Magnetar Financial LLC | $10,690,000 | 6.93% | 1,000,000 | Shares | 2026-08-14 | |
| Mid AQR Arbitrage LLC | $10,415,267 | 6.75% | 974,300 | Shares | 2026-08-14 | |
| Mid WOLVERINE ASSET MANAGEMENT LLC | $10,100,745 | 6.54% | 944,878 | Shares | 2026-08-10 | |
| Small METEORA CAPITAL, LLC | $9,824,110 | 6.36% | 919,000 | Shares | 2026-08-14 | |
| Mid HIGHBRIDGE CAPITAL MANAGEMENT LLC | $9,213,037 | 5.97% | 861,837 | Shares | 2026-08-14 | |
| Large LMR Partners LLP | $8,552,000 | 5.54% | 800,000 | Shares | 2026-08-14 | |
| Mid TENOR CAPITAL MANAGEMENT Co., L.P. | $6,792,415 | 4.40% | 635,399 | Shares | 2026-08-14 | |
| Mid Alberta Investment Management Corp | $6,414,000 | 4.16% | 600,000 | Shares | 2026-08-06 | |
| Mid Polar Asset Management Partners Inc. | $5,767,361 | 3.74% | 539,510 | Shares | 2026-08-14 | |
| Mid RIVERNORTH CAPITAL MANAGEMENT, LLC | $5,345,000 | 3.46% | 500,000 | Shares | 2026-08-14 | |
| Large PICTON MAHONEY ASSET MANAGEMENT | $5,077,771 | 3.29% | 475,002 | Shares | 2026-08-13 | |
| Mid GLAZER CAPITAL, LLC | $4,072,173 | 2.64% | 380,933 | Shares | 2026-08-17 | |
| Large Calamos Advisors LLC | $3,971,677 | 2.57% | 371,532 | Shares | 2026-07-31 | |
| Mid SONA ASSET MANAGEMENT (US) LLC | $3,954,872 | 2.56% | 369,960 | Shares | 2026-08-14 | |
| Mega GOLDMAN SACHS GROUP INC | $3,664,393 | 2.37% | 342,787 | Shares | 2026-08-14 | |
| Mid MIZUHO SECURITIES USA LLC Broker-Dealer | $3,506,448 | 2.27% | 328,012 | Shares | 2026-07-28 | |
| Mid BERKLEY W R CORP | $3,449,214 | 2.23% | 322,658 | Shares | 2026-08-14 | |
| Small Radcliffe Capital Management, L.P. | $2,907,038 | 1.88% | 271,940 | Shares | 2026-08-14 | |
| Mid Centiva Capital, LP | $2,672,500 | 1.73% | 250,000 | Shares | 2026-08-13 | |
| Mid BOOTHBAY FUND MANAGEMENT, LLC | $2,480,443 | 1.61% | 232,034 | Shares | 2026-08-14 | |
| Small Shaolin Capital Management LLC | $2,146,124 | 1.39% | 200,760 | Shares | 2026-08-14 | |
| Mid CANTOR FITZGERALD, L. P. | $1,644,656 | 1.07% | 153,850 | Shares | 2026-08-19 | |
| Small Periscope Capital Inc. | $1,336,250 | 0.87% | 125,000 | Shares | 2026-08-11 | |
| Mid Westchester Capital Management, LLC | $1,329,065 | 0.86% | 124,328 | Shares | 2026-08-14 | |
| Mid MOORE CAPITAL MANAGEMENT, LP | $1,069,000 | 0.69% | 100,000 | Shares | 2026-08-14 | |
| Large Schonfeld Strategic Advisors LLC | $1,054,354 | 0.68% | 98,630 | Shares | 2026-08-14 | |
| Mid Brevan Howard Capital Management LP | $647,097 | 0.42% | 60,533 | Shares | 2026-08-14 | |
| Small Yakira Capital Management, Inc. | $641,400 | 0.42% | 60,000 | Shares | 2026-08-13 | |
| Large Verition Fund Management LLC | $499,084 | 0.32% | 46,687 | Shares | 2026-08-14 | |
| Mega GEODE CAPITAL MANAGEMENT, LLC | $176,962 | 0.11% | 16,554 | Shares | 2026-08-12 | |
| Large Clear Street Group Inc. TDACU | $139,610 | 0.09% | 12,344 | Shares | 2026-08-12 | |
| Small FLOW TRADERS U.S. LLC TDACU | $131,863 | 0.09% | 11,659 | Shares | 2026-08-14 | |
| Mega UBS Group AG TDACU | $94,302 | 0.06% | 8,338 | Shares | 2026-08-13 | |
| Large Clear Street Group Inc. | $53,054 | 0.03% | 4,963 | Shares | 2026-08-12 | |
| Mega BNP PARIBAS ARBITRAGE, SA | $37,553 | 0.02% | 3,513 | Shares | 2026-08-13 | |
| Mega MORGAN STANLEY | $662 | 0.00% | 62 | Shares | 2026-08-13 | |
| Large PEAK6 LLC TDACW | — | — | 127,163 | Shares | 2026-08-13 | |
| Mega BARCLAYS PLC TDACW | — | — | 70,492 | Shares | 2026-08-14 | |
| Mid Magnetar Financial LLC TDACW | — | — | 553,895 | Shares | 2026-08-14 | |
| Small CSS LLC/IL TDACW | — | — | 179,902 | Shares | 2026-08-14 | |
| Mid MMCAP International Inc. SPC TDACW | — | — | 175,000 | Shares | 2026-08-14 | |
| Mid Linden Advisors LP TDACW | — | — | 1,317,931 | Shares | 2026-08-14 | |
| Mega MILLENNIUM MANAGEMENT LLC TDACW | — | — | 75,000 | Call | 2026-08-14 | |
| Small Yakira Capital Management, Inc. TDACW | — | — | 24,000 | Shares | 2026-08-13 | |
| Large Verition Fund Management LLC TDACW | — | — | 191,700 | Shares | 2026-08-14 | |
| Small Periscope Capital Inc. TDACW | — | — | 60,000 | Shares | 2026-08-11 | |
| Mid ARISTEIA CAPITAL, L.L.C. TDACW | — | — | 175,700 | Shares | 2026-08-14 | |
| Mid Centiva Capital, LP TDACW | — | — | 50,000 | Shares | 2026-08-13 | |
| Large HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND Pension TDACW | — | — | 450,000 | Shares | 2026-08-13 | |
| Mid TENOR CAPITAL MANAGEMENT Co., L.P. TDACW | — | — | 317,699 | Shares | 2026-08-14 | |
| Mega D. E. Shaw & Co., Inc. TDACW | — | — | 175,000 | Shares | 2026-08-14 | |
| Small K2 PRINCIPAL FUND, L.P. TDACW | — | — | 101,034 | Shares | 2026-08-07 | |
| Mid Alberta Investment Management Corp TDACW | — | — | 300,000 | Shares | 2026-08-06 | |
| Micro GRITSTONE ASSET MANAGEMENT LLC TDACW | — | — | 41,826 | Shares | 2026-08-06 | |
| Mid Polar Asset Management Partners Inc. TDACW | — | — | 400,000 | Shares | 2026-08-14 | |
| Mid WHITEBOX ADVISORS LLC TDACW | — | — | 152,500 | Shares | 2026-08-14 | |
| Large LMR Partners LLP TDACW | — | — | 755,000 | Shares | 2026-08-14 | |
| Mid RIVERNORTH CAPITAL MANAGEMENT, LLC TDACW | — | — | 250,000 | Shares | 2026-08-14 | |
| Large Clear Street Group Inc. TDACW | — | — | 89,393 | Shares | 2026-08-12 | |
| Mega BNP PARIBAS ARBITRAGE, SA TDACW | — | — | 192,505 | Shares | 2026-08-13 | |
| Small Shaolin Capital Management LLC TDACW | — | — | 367,253 | Shares | 2026-08-14 | |
| Mid AQR Arbitrage LLC TDACW | — | — | 551,505 | Shares | 2026-08-14 | |
| Mid MOORE CAPITAL MANAGEMENT, LP TDACW | — | — | 50,000 | Shares | 2026-08-14 |