Moore Capital Management, Lp - Sep 25, 2023 Form 4 Insider Report for 26 Capital Acquisition Corp. (ADER)

Role: 10%+ Owner
Signature: MOORE CAPITAL MANAGEMENT, LP Name: /s/ James E. Kaye, Title: Vice President
Stock symbol: ADER
Transactions as of: Sep 25, 2023
Transactions value $: -$4,380,000
Form type: 4
Date filed: 9/27/2023, 08:30 PM
Previous filing: Jun 13, 2023
Next filing: Jan 22, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ADER	Class A Common Stock	Other	-$4.38M	-400K	-100%	$10.95	0	Sep 25, 2023	See footnotes	F1, F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On September 21, 2023, 26 Capital Acquisition Corp. (the "Issuer") announced that it will redeem all of its outstanding shares of Class A Common Stock that were included in the units issued in its initial public offering (the "Public Shares"), at a per-share redemption price of approximately $10.95. As of the close of business on or about September 25, 2023, the Public Shares, including all shares of Class A Common Stock that were beneficially owned by the Reporting Persons, were deemed cancelled and represented only the right to receive the redemption amount.
F2	This Form 4 is being filed (a) by Moore Capital Management, LP ("MCM"), (b) by MMF LT, LLC ("MMF"), (c) by Moore Global Investments, LLC ("MGI"), (d) by Moore Capital Advisors, L.L.C. ("MCA") and (e) by Louis M. Bacon ("Mr. Bacon", and collectively with MCM, MMF, MGI, and MCA, the "Reporting Persons"). MCM, as the investment manager of MMF, had voting and investment control over the shares previously held by MMF. MGI and MCA are the sole owners of MMF. Mr. Bacon is the indirect majority owner of and controls MCM and its general partner, MCA, and is the indirect majority owner of MMF. This statement relates to shares of Class A Common Stock of the Issuer previously held by MMF.
F3	The filing of this statement shall not be deemed an admission that any of the Reporting Persons was the beneficial owner of the securities of the Issuer that were previously held by MMF for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise. For purposes of this filing, each of the Reporting Persons disclaims beneficial ownership of such securities except to the extent of its or his pecuniary interest therein.