13F HOLDINGS REPORT
HEIGHTS CAPITAL MANAGEMENT, INC
Quarter ended Q4 2025 · Filed February 17, 2026 · Accession 0001081698-26-000001
Total Value
$278.8M
Positions
192
Other Managers
1
Confidential Omitted
No
Holdings (192)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | FLUTTER ENTMT PLC | G3643J108 | 294,180 | $63.3M | 22.69% |
| 2 | NANO NUCLEAR ENERGY INC | NNE | 608,500 | $14.6M | 5.24% |
| 3 | FG MERGER II CORP | FGMCU | 790,000 | $7.9M | 2.84% |
| 4 | JACKSON ACQUISITION CO II | JACS-UN | 700,000 | $7.3M | 2.62% |
| 5 | DRUGS MADE IN AMER ACQUTN CO | G2847J104 | 650,000 | $6.7M | 2.42% |
| 6 | DRUGS MADE IN AMER ACQ II CO | G2851K120 | 519,400 | $5.2M | 1.86% |
| 7 | CHURCHILL CAP CORP XI | G2131A124 | 499,000 | $5.1M | 1.83% |
| 8 | KOCHAV DEFENSE ACQUI CO | KCHVU | 500,000 | $5.1M | 1.82% |
| 9 | IRON HORSE ACQUISIT CORP II | 46283H202 | 470,000 | $4.7M | 1.68% |
| 10 | EMPERY DIGITAL INC | EMPD | 1,000,000 | $4.6M | 1.64% |
| 11 | NMP ACQUISITION CORP | NMPAU | 450,000 | $4.5M | 1.62% |
| 12 | GP-ACT III ACQUISITION CORP | GPATW | 416,096 | $4.5M | 1.60% |
| 13 | ABSCI CORPORATION | ABSI | 1,065,640 | $3.7M | 1.33% |
| 14 | FIFTH ERA ACQUISITION CORP I | FERAU | 350,000 | $3.6M | 1.29% |
| 15 | NYXOAH S A | NYXH | 777,188 | $3.6M | 1.28% |
| 16 | TWELVE SEAS INVT CO III | G9145D127 | 350,000 | $3.5M | 1.25% |
| 17 | EMMIS ACQUISITION CORP. | EMISR | 350,000 | $3.5M | 1.25% |
| 18 | FUTURE VISION II ACQUISITION | FVNNU | 325,000 | $3.4M | 1.23% |
| 19 | FLAG SHIP ACQUISITION CORP | FSHPR | 306,569 | $3.3M | 1.18% |
| 20 | CRESCENT BIOPHARMA INC. | CBIO | 264,000 | $3.1M | 1.12% |
| 21 | COPLEY ACQUISITION CORP | COPL-WT | 300,000 | $3.1M | 1.10% |
| 22 | AI INFRASTRUCTURE ACQUISI | AIIA-UN | 300,000 | $3.1M | 1.10% |
| 23 | VOYAGER ACQUISITION CORP | G93A7H104 | 250,000 | $2.7M | 0.96% |
| 24 | PLUM ACQUISITION CORP IV | PLMKW | 250,000 | $2.6M | 0.94% |
| 25 | KYVERNA THERAPEUTICS INC | KYTX | 271,822 | $2.6M | 0.92% |
| 26 | ORIGIN INVT CORP I | G67751100 | 249,900 | $2.5M | 0.91% |
| 27 | THAYER VENTURES ACQ CORP II | G87890102 | 250,000 | $2.5M | 0.91% |
| 28 | OXLEY BRIDGE ACQ LTD | OBAWW | 250,000 | $2.5M | 0.90% |
| 29 | MESHFLOW ACQUISITION CORP | MESHW | 250,000 | $2.5M | 0.90% |
| 30 | SOLUNA HOLDINGS INC | SLNHP | 2,043,964 | $2.4M | 0.86% |
| 31 | CHAMPIONSGATE ACQUISITION CO | CHPGU | 212,182 | $2.2M | 0.77% |
| 32 | LAKE SUPERIOR ACQUISITION CO | LKSPU | 210,000 | $2.1M | 0.75% |
| 33 | RIBBON ACQUISITION CORP | RIBBU | 200,000 | $2.1M | 0.75% |
| 34 | COLUMBUS ACQUISITION CORP | COLAU | 200,000 | $2.1M | 0.74% |
| 35 | LAKESHORE ACQUISITION III CO | LCCCU | 200,000 | $2.0M | 0.73% |
| 36 | SIZZLE ACQUISITION CORP. II | SZZLU | 200,000 | $2.0M | 0.73% |
| 37 | SOULPOWER ACQUISITION CORP | SOUL-UN | 200,000 | $2.0M | 0.73% |
| 38 | AA MISSION ACQUISITION CORP | YCY-WT | 200,000 | $2.0M | 0.72% |
| 39 | DYNAMIX CORP III | DNMXW | 200,000 | $2.0M | 0.72% |
| 40 | SILVER PEGASUS ACQUISITION C | SPEGU | 199,100 | $2.0M | 0.72% |
| 41 | A PARADISE ACQUISITION CORP | G04819101 | 199,600 | $2.0M | 0.72% |
| 42 | CROWN RESV ACQUISITION CORP | CCK | 200,000 | $2.0M | 0.71% |
| 43 | AVAX ONE TECHNOLOGY LTD | AVX | 1,300,000 | $2.0M | 0.70% |
| 44 | ARMADA ACQUISITION CORP II | XRPNW | 191,267 | $2.0M | 0.70% |
| 45 | REPUBLIC DIGITAL ACQUISITION | RDAGW | 178,000 | $1.8M | 0.65% |
| 46 | UY SCUTI ACQUISITION CORP. | UYSCU | 175,000 | $1.8M | 0.64% |
| 47 | BEST SPAC I ACQUISITION CORP | BSAAU | 175,000 | $1.8M | 0.64% |
| 48 | CAYSON ACQUISITION CORP | CAPNU | 150,000 | $1.6M | 0.57% |
| 49 | NOVA MINERALS LTD | NVAWW | 255,906 | $1.6M | 0.56% |
| 50 | CARTESIAN GROWTH CORP III | CGCTW | 150,000 | $1.5M | 0.55% |
| 51 | SC II ACQUISITION CORP | SCIIU | 150,000 | $1.5M | 0.54% |
| 52 | EVOLUTION GLOBAL ACQUISITION | EVOXW | 150,000 | $1.5M | 0.54% |
| 53 | INVEST GREEN ACQUISITION COR | IGACU | 150,000 | $1.5M | 0.54% |
| 54 | HALL CHADWICK ACQUISITION CO | HCACR | 150,000 | $1.5M | 0.54% |
| 55 | QUANTUMSPHERE ACQUISITION CO | QUMSU | 150,000 | $1.5M | 0.54% |
| 56 | GIGCAPITAL8 CORP | GIWWU | 141,683 | $1.4M | 0.52% |
| 57 | HAYMAKER ACQUISITION CORP IV | G4375F108 | 121,772 | $1.4M | 0.50% |
| 58 | GLOBA TERRA ACQUISITION COR | GTERW | 124,229 | $1.3M | 0.45% |
| 59 | TITAN ACQUISITION CORP | TACHW | 120,000 | $1.2M | 0.44% |
| 60 | TRAILBLAZER ACQUISITION CORP | BLZRW | 113,373 | $1.2M | 0.42% |
| 61 | ITHAX ACQUISITION CORP III | ITHAW | 110,000 | $1.1M | 0.39% |
| 62 | GSR IV ACQUISITION CORP | GSRFU | 103,119 | $1.1M | 0.38% |
| 63 | INFLECTION POINT ACQU CORP V | MYXXU | 100,000 | $1.0M | 0.37% |
| 64 | WINTERGREEN ACQUISITION CORP | WTGUU | 100,000 | $1.0M | 0.37% |
| 65 | BERTO ACQUISITION CORP | TACOW | 100,000 | $1.0M | 0.36% |
| 66 | MCKINLEY ACQUISITION CORP | MKLYU | 100,000 | $1.0M | 0.36% |
| 67 | BLUEPORT ACQUISITION LTD | BPACU | 100,000 | $1.0M | 0.36% |
| 68 | INDIGO ACQUISITION CORP | INACU | 100,000 | $1.0M | 0.36% |
| 69 | FIGX CAP ACQUISITION CORP. | G3473K100 | 100,000 | $1.0M | 0.36% |
| 70 | PIONEER ACQUISITION I CORP | PACHW | 100,000 | $1.0M | 0.36% |
| 71 | STARRY SEA ACQUISITION CORP | SSEAU | 100,000 | $1.0M | 0.36% |
| 72 | LAFAYETTE ACQUISITION CORP | LAFAU | 100,000 | $1.0M | 0.36% |
| 73 | BLUEROCK ACQUISITION CORP | BLRKW | 100,000 | $1.0M | 0.36% |
| 74 | TAILWIND 2.0 ACQUISITION COR | TDWDU | 100,000 | $986,000 | 0.35% |
| 75 | EQV VENTURES ACQUISITION COR | G3106N109 | 93,574 | $981,591 | 0.35% |
| 76 | SPRING VY ACQUISITION CORP I | G8377R127 | 86,481 | $893,349 | 0.32% |
| 77 | CALISA ACQUISITION CORP | ALISU | 75,000 | $783,750 | 0.28% |
| 78 | CRANE HBR ACQUISITION CORP I | CR | 75,000 | $754,875 | 0.27% |
| 79 | LEAPFROG ACQUISITION CORP | LFACW | 75,000 | $750,375 | 0.27% |
| 80 | TAVIA ACQUISITION CORP | TAVIU | 65,000 | $678,600 | 0.24% |
| 81 | PANTAGES CAPITAL ACQUISITION | PGACU | 65,000 | $673,400 | 0.24% |
| 82 | FACT II ACQUISITION CORP | FACTW | 60,000 | $625,200 | 0.22% |
| 83 | CITIUS PHARMACEUTICALS INC | CTXR | 799,934 | $621,549 | 0.22% |
| 84 | HENNESSY CAP INVT CORP VII | G4405D107 | 60,000 | $621,000 | 0.22% |
| 85 | PERIMETER ACQUISITION CORP I | PMTRW | 58,925 | $605,749 | 0.22% |
| 86 | VINE HILL CAP INVT CORP. | G93Y09107 | 55,790 | $600,858 | 0.22% |
| 87 | MELAR ACQUISITION CORP. I | MACIW | 52,161 | $554,471 | 0.20% |
| 88 | LIONHEART HOLDINGS | CUBWW | 50,798 | $542,523 | 0.19% |
| 89 | RANGE CAP ACQUISITION CORP | G7375C108 | 50,000 | $527,500 | 0.19% |
| 90 | NEW PROVIDENCE ACQUISITION C | G6476A102 | 50,000 | $513,000 | 0.18% |
| 91 | STONEBRIDGE ACQUISITION II C | APACU | 50,500 | $509,040 | 0.18% |
| 92 | PELICAN ACQUISITION CORP | PELI | 50,000 | $508,500 | 0.18% |
| 93 | INFLECTION PT ACQUISITION CO | G47875102 | 50,000 | $507,000 | 0.18% |
| 94 | HIGHVIEW MERGER CORP | HVMCW | 50,000 | $506,500 | 0.18% |
| 95 | OYSTER ENTERPRISES II ACQUIS | OYSEU | 50,000 | $505,500 | 0.18% |
| 96 | CSLM DIGITA ASSET ACQ CORP I | CMXHF | 49,900 | $504,988 | 0.18% |
| 97 | AXIOM INTELLIGENCE AC CORP 1 | G0750N104 | 50,000 | $503,500 | 0.18% |
| 98 | VIKING ACQUISITION CORP I | VACI-WT | 50,000 | $503,500 | 0.18% |
| 99 | INSIGHT DIGITAL PARTNERS II | DYORW | 50,000 | $503,500 | 0.18% |
| 100 | LIGHTWAVE ACQUISITION CORP | LWACW | 50,000 | $502,500 | 0.18% |
| 101 | SOLARIUS CAPITAL ACQU CORP | SOCAW | 50,000 | $502,500 | 0.18% |
| 102 | AMERICAN DRIVE ACQUISITION C | ADACW | 50,000 | $499,500 | 0.18% |
| 103 | GOLD ROYALTY CORP | GROY-WT | 249,397 | $493,806 | 0.18% |
| 104 | CHARLTON ARIA ACQUISITION CO | CHARU | 40,000 | $419,200 | 0.15% |
| 105 | CO2 ENERGY TRANSITION CORP | NOEMW | 40,000 | $411,600 | 0.15% |
| 106 | CHENGHE ACQUISITION III CO | CHECW | 40,000 | $401,200 | 0.14% |
| 107 | TGE VALUE CREATIVE SOLUTIONS | BEBE-WT | 40,000 | $397,600 | 0.14% |
| 108 | BLUE ACQUISITION CORP. | BACCU | 33,455 | $341,576 | 0.12% |
| 109 | NEWBURY STR II ACQUISITION C | G6439S109 | 30,510 | $319,135 | 0.11% |
| 110 | DUNE ACQUISITION CORP II | IPODW | 30,000 | $305,700 | 0.11% |
| 111 | VENDOME ACQUISITION CORP I | VNMEW | 30,340 | $305,524 | 0.11% |
| 112 | ANDRETTI ACQUISITION CORP II | POLEW | 26,600 | $280,364 | 0.10% |
| 113 | TEXAS VENTURES ACQUISITION I | G8772L105 | 25,900 | $275,835 | 0.10% |
| 114 | APEX TREAS CORP | APXTW | 25,000 | $251,250 | 0.09% |
| 115 | D. BORAL ARC ACQ I CORP. | G2616F101 | 24,757 | $248,313 | 0.09% |
| 116 | TALON CAP CORP | TLNCW | 24,104 | $247,307 | 0.09% |
| 117 | HORIZON SPACE ACQUISITION II | HSPTU | 20,000 | $210,800 | 0.08% |
| 118 | LAUNCHPAD CADENZA ACQUISITIO | LPCVW | 20,000 | $199,600 | 0.07% |
| 119 | JACKSON ACQUISITION CO II | JACS-UN | 700,000 | $175,000 | 0.06% |
| 120 | EUREKA ACQUISITION CORP | EURKU | 15,400 | $169,246 | 0.06% |
| 121 | BRIACELL THERAPEUTICS CORP | BCTXZ | 544,698 | $163,409 | 0.06% |
| 122 | GALATA ACQUISITION CORP II | LATAW | 15,000 | $150,825 | 0.05% |
| 123 | HARVARD AVE ACQUISITION CORP | HAVAU | 10,000 | $100,100 | 0.04% |
| 124 | DYNAMIX CORP | ETHMW | 60,000 | $96,000 | 0.03% |
| 125 | PROCAP FINL INC | 74277P113 | 132,280 | $92,596 | 0.03% |
| 126 | NMP ACQUISITION CORP | NMPAU | 449,875 | $90,425 | 0.03% |
| 127 | KOCHAV DEFENSE ACQUI CO | KCHVU | 360,909 | $86,618 | 0.03% |
| 128 | ARMADA ACQUISITION CORP II | XRPNW | 95,633 | $78,419 | 0.03% |
| 129 | ALLURION TECHNOLOGIES INC | ALURW | 59,880 | $73,652 | 0.03% |
| 130 | FIFTH ERA ACQUISITION CORP I | FERAU | 162,984 | $65,177 | 0.02% |
| 131 | CARTESIAN GROWTH CORP III | CGCTW | 75,000 | $60,015 | 0.02% |
| 132 | REPUBLIC DIGITAL ACQUISITION | RDAGW | 89,000 | $53,400 | 0.02% |
| 133 | EMMIS ACQUISITION CORP. | EMISR | 350,000 | $53,025 | 0.02% |
| 134 | THAYER VENTURES ACQ CORP II | G87890110 | 250,000 | $52,500 | 0.02% |
| 135 | FLAG SHIP ACQUISITION CORP | FSHPR | 279,915 | $50,385 | 0.02% |
| 136 | A PARADISE ACQUISITION CORP | G04819119 | 199,500 | $49,875 | 0.02% |
| 137 | SILVER PEGASUS ACQUISITION C | SPEGU | 199,100 | $47,784 | 0.02% |
| 138 | UY SCUTI ACQUISITION CORP. | UYSCU | 170,892 | $45,970 | 0.02% |
| 139 | LAKESHORE ACQUISITION III CO | LCCCU | 176,304 | $44,270 | 0.02% |
| 140 | RIBBON ACQUISITION CORP | RIBBU | 186,258 | $40,977 | 0.01% |
| 141 | COPLEY ACQUISITION CORP | COPL-WT | 150,000 | $38,640 | 0.01% |
| 142 | CHAMPIONSGATE ACQUISITION CO | CHPGU | 207,810 | $38,445 | 0.01% |
| 143 | FUTURE VISION II ACQUISITION | FVNNU | 284,050 | $37,012 | 0.01% |
| 144 | DRUGS MADE IN AMER ACQUTN CO | G2847J112 | 234,109 | $36,966 | 0.01% |
| 145 | SOULPOWER ACQUISITION CORP | SOUL-UN | 200,000 | $35,000 | 0.01% |
| 146 | PLUM ACQUISITION CORP IV | PLMKW | 125,000 | $33,813 | 0.01% |
| 147 | QUANTUMSPHERE ACQUISITION CO | QUMSU | 149,900 | $31,494 | 0.01% |
| 148 | ESS TECH INC | GWH-WT | 586,218 | $29,956 | 0.01% |
| 149 | STARRY SEA ACQUISITION CORP | SSEAU | 100,000 | $28,600 | 0.01% |
| 150 | OXLEY BRIDGE ACQ LTD | OBAWW | 125,000 | $27,513 | 0.01% |
| 151 | CAYSON ACQUISITION CORP | CAPNU | 120,092 | $27,381 | 0.01% |
| 152 | VINE HILL CAP INVT CORP. | G93Y09115 | 14,792 | $26,478 | 0.01% |
| 153 | BEST SPAC I ACQUISITION CORP | BSAAU | 175,000 | $26,425 | 0.01% |
| 154 | ORIGIN INVT CORP I | G67751126 | 124,950 | $23,990 | 0.01% |
| 155 | BIOVIE INC | BIVIW | 90,000 | $23,139 | 0.01% |
| 156 | ROMAN DBDR ACQUISITION CORP | DRDBW | 37,500 | $21,750 | 0.01% |
| 157 | OAK WOODS ACQUISITION CORP | 67190B120 | 84,300 | $21,058 | 0.01% |
| 158 | TITAN ACQUISITION CORP | TACHW | 60,000 | $20,994 | 0.01% |
| 159 | PERIMETER ACQUISITION CORP I | PMTRW | 29,462 | $20,850 | 0.01% |
| 160 | BERTO ACQUISITION CORP | TACOW | 50,000 | $18,500 | 0.01% |
| 161 | GLOBA TERRA ACQUISITION COR | GTERW | 124,129 | $16,149 | 0.01% |
| 162 | INDIGO ACQUISITION CORP | INACU | 100,000 | $15,900 | 0.01% |
| 163 | FIGX CAP ACQUISITION CORP. | G3473K118 | 50,000 | $13,735 | 0.00% |
| 164 | PIONEER ACQUISITION I CORP | PACHW | 50,000 | $13,000 | 0.00% |
| 165 | GLOBA TERRA ACQUISITION COR | GTERW | 93,171 | $11,712 | 0.00% |
| 166 | TEXAS VENTURES ACQUISITION I | G8772L113 | 12,950 | $11,655 | 0.00% |
| 167 | IB ACQUISITION CORP | IBACR | 161,165 | $11,120 | 0.00% |
| 168 | AXIOM INTELLIGENCE AC CORP 1 | G0750N112 | 50,000 | $10,500 | 0.00% |
| 169 | FACT II ACQUISITION CORP | FACTW | 30,000 | $10,500 | 0.00% |
| 170 | ROYALTY MGMT HLDG CORP | 02369M110 | 73,747 | $9,956 | 0.00% |
| 171 | BLUE ACQUISITION CORP. | BACCU | 29,655 | $8,897 | 0.00% |
| 172 | CO2 ENERGY TRANSITION CORP | NOEMW | 39,996 | $7,599 | 0.00% |
| 173 | SOLARIUS CAPITAL ACQU CORP | SOCAW | 25,000 | $7,003 | 0.00% |
| 174 | AINOS INC | AIMDW | 55,837 | $6,868 | 0.00% |
| 175 | CO2 ENERGY TRANSITION CORP | NOEMW | 40,000 | $6,760 | 0.00% |
| 176 | RANGE CAP ACQUISITION CORP | G7375C116 | 13,385 | $6,023 | 0.00% |
| 177 | DUNE ACQUISITION CORP II | IPODW | 22,500 | $5,771 | 0.00% |
| 178 | DATA STORAGE CORP | DTSTW | 29,000 | $5,736 | 0.00% |
| 179 | NEWBURY STR II ACQUISITION C | G6439S117 | 22,500 | $5,648 | 0.00% |
| 180 | LIGHTWAVE ACQUISITION CORP | LWACW | 25,000 | $4,763 | 0.00% |
| 181 | SIZZLE ACQUISITION CORP. II | SZZLU | 28,903 | $4,624 | 0.00% |
| 182 | D. BORAL ARC ACQ I CORP. | G2616F119 | 12,378 | $4,497 | 0.00% |
| 183 | WINTERGREEN ACQUISITION CORP | WTGUU | 27,836 | $4,454 | 0.00% |
| 184 | IVEDA SOLUTIONS INC | IVDAW | 35,193 | $4,294 | 0.00% |
| 185 | VENDOME ACQUISITION CORP I | VNMEW | 15,170 | $3,794 | 0.00% |
| 186 | CHARLTON ARIA ACQUISITION CO | CHARU | 17,643 | $3,352 | 0.00% |
| 187 | LEMONADE INC | LMND | 88,946 | $2,330 | 0.00% |
| 188 | A SPAC III ACQUISITION CORP | G0544A145 | 10,219 | $1,942 | 0.00% |
| 189 | ECARX HOLDINGS INC | ECXWW | 27,181 | $1,492 | 0.00% |
| 190 | TENON MEDICAL INC | TNONW | 140,236 | $1,487 | 0.00% |
| 191 | VERSUS SYSTEMS INC | VS | 39,356 | $889 | 0.00% |
| 192 | OAK WOODS ACQUISITION CORP | 67190B112 | 37,490 | $780 | 0.00% |