Anson Funds Management LP
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Anson Funds Management LP reported 78 stock positions worth $870.5 million. Its top holding was Quantum Computing (QUBT) at 11.4% of the portfolio, followed by Strive (10.1%) and Eightco (ORBS, 8.6%). Compared with Q2 2025, it opened 37 new positions, sold out of 40, added to 20 and reduced 11. The biggest buy was a new position in Strive and the biggest sale an exit from Perpetua Resources (PPTA).
- Most Recent 13F
- Q2 2026
- Location
- DALLAS, TX
- CIK
- 0001491072
- Portfolio Value
- $870.5M (Q3 2025)
- SEC Filing
- 0001193125-25-280566 ↗ filed Nov 14, 2025
Holdings Value
Holdings 78 stocks · $870.5M
| QUBT Quantum Computing Inc. | 11.36% | 5,373,455 | $98.9M | Add +14.9% |
| STRIVE INC | 10.12% | 35,250,000 | $88.1M | New |
| ORBS Eightco Holdings Inc. | 8.64% | 8,219,178 | $75.2M | New |
| SLMT Brera Holdings PLC Class B | 7.66% | 2,222,222 | $66.7M | New |
| MTCH Match Group Inc. | 5.57% | 1,372,879 | $48.5M | No change |
| LION Lionsgate Studios Corp. | 5.56% | 7,013,596 | $48.4M | Add +5.7% |
| NVDA Nvidia Corp. | 4.93% | 229,890 | $42.9M | No change |
| FIVN FIVE9 Inc. | 4.27% | 1,534,272 | $37.1M | Add +98.5% |
| CCO Clear Channel Outdoor Holdin | 3.31% | 18,238,327 | $28.8M | Add +0.5% |
| EMPD Empery Digital Inc. | 3.21% | 3,719,652 | $28.0M | New |
| FCRS.U Futurecrest Acquisition Corp. | 2.98% | 2,450,000 | $26.0M | New |
| OSISKO DEVELOPMENT CORP | 2.78% | 7,150,761 | $24.2M | Add +82.6% |
| TVA Texas Ventures Acquisition-A | 2.71% | 2,199,942 | $23.6M | New |
| LOVE The Lovesac Co. | 2.03% | 1,045,665 | $17.7M | No change |
| QMMM QMMM Holdings Ltd. Class A | 2.02% | 147,186 | $17.6M | New |
| MCGA Yorkville Acquisition Corp. Class A | 1.80% | 1,472,150 | $15.7M | New |
| CAEP Cantor Equity Partners III-A | 1.34% | 1,130,702 | $11.7M | Add +2.8% |
| DOCU Docusign Inc. | 1.24% | 150,000 | $10.8M | New |
| SLS Sellas Life Sciences Group I | 1.12% | 6,032,938 | $9.7M | Add +2093.8% |
| TSLA Tesla Inc. | 0.98% | 19,127 | $8.5M | No change |
| FWDI Forward Industries Inc. | 0.79% | 270,271 | $6.9M | New |
| NRXP NRX Pharmaceuticals Inc. | 0.77% | 2,025,104 | $6.7M | Add +26.2% |
| LW Lamb Weston Holdings Inc. | 0.73% | 109,187 | $6.3M | Reduce -18.4% |
| AEXA American Exceptionalism Class A | 0.69% | 550,100 | $6.0M | New |
| AQN Algonquin Power & Utilities | 0.68% | 1,100,000 | $5.9M | Add +266.7% |
| GSAT Globalstar Inc. | 0.63% | 150,000 | $5.5M | Reduce -45.5% |
| AGX Argan Inc. | 0.62% | 20,000 | $5.4M | Add +100.0% |
| TPR Tapestry Inc. | 0.59% | 45,000 | $5.1M | Add +350.0% |
| OXY Occidental Petroleum Corp. | 0.54% | 100,000 | $4.7M | New |
| CAE Cae Inc. | 0.53% | 155,000 | $4.6M | New |
| BKD Brookdale Senior Living Inc. | 0.53% | 541,052 | $4.6M | Reduce -30.8% |
| VRT Vertiv Holdings Co. Class A | 0.48% | 27,500 | $4.1M | New |
| ADSE ADS-Tec Energy PLC | 0.42% | 305,653 | $3.7M | Add +224.2% |
| MYGN Myriad Genetics Inc. | 0.42% | 504,382 | $3.6M | Reduce -62.5% |
| COOP Mr Cooper Group Inc. | 0.39% | 16,000 | $3.4M | New |
| SGHC Super Group SGHC Ltd. | 0.38% | 250,000 | $3.3M | New |
| CEG Constellation Energy | 0.38% | 10,000 | $3.3M | Add +400.0% |
| DVLT Datavault AI Inc. | 0.37% | 2,952,170 | $3.2M | Add +0.4% |
| AVGO Broadcom Inc. | 0.36% | 9,500 | $3.1M | Add +137.5% |
| VRE Veris Residential Inc. | 0.35% | 200,801 | $3.1M | Reduce -22.6% |
| SPRO Spero Therapeutics Inc. | 0.35% | 1,603,569 | $3.0M | Reduce -0.7% |
| VST Vistra Corp. | 0.34% | 15,000 | $2.9M | Add +150.0% |
| CDE Coeur Mining Inc. | 0.32% | 150,000 | $2.8M | New |
| MLCI Mount Logan Capital Inc. | 0.30% | 333,166 | $2.6M | New |
| JAKK Jakks Pacific Inc. | 0.27% | 126,482 | $2.4M | No change |
| INFQ Infleqtion Inc. filed as CHURCHILL CAP CORP X | 0.27% | 183,569 | $2.4M | New |
| KRG Kite Realty Group Trust | 0.23% | 90,000 | $2.0M | Add +16.9% |
| TSHA Taysha Gene Therapies Inc. | 0.23% | 603,500 | $2.0M | Reduce -24.9% |
| XTIA Xti Aerospace Inc. | 0.22% | 1,319,687 | $1.9M | New |
| AVBP Arrivent Biopharma Inc. | 0.21% | 99,887 | $1.8M | New |
| SN Sharkninja Inc. | 0.21% | 17,500 | $1.8M | Add +75.0% |
| LASE Laser Photonics Corp. | 0.20% | 412,087 | $1.8M | New |
| RCI Rogers Communications Inc. Class B | 0.20% | 50,000 | $1.7M | Reduce -62.7% |
| LM FDG AMER INC | 0.18% | 1,410,790 | $1.6M | New |
| UMH Umh Properties Inc. filed as UMH PPTYS INC | 0.17% | 100,000 | $1.5M | New |
| BABA Alibaba Group Holding-SP ADR | 0.16% | 8,000 | $1.4M | New |
| CHWY Chewy Inc. Class A | 0.16% | 35,000 | $1.4M | New |
| TOON Kartoon Studios Inc. | 0.15% | 1,778,384 | $1.3M | Add +117.9% |
| RSKD Riskified Ltd. Class A | 0.14% | 268,492 | $1.3M | Reduce -15.7% |
| WOLF Wolfspeed Inc. | 0.14% | 43,194 | $1.2M | New |
| SLSR Solaris Resources Inc. | 0.11% | 149,800 | $956K | New |
| ETN Eaton Corp. PLC | 0.11% | 2,500 | $936K | New |
| AMZN Amazon.com Inc. | 0.10% | 3,839 | $843K | No change |
| BRK.B Berkshire Hathaway Inc. Class B | 0.09% | 1,611 | $810K | No change |
| BOXL Boxlight Corp. | 0.09% | 332,970 | $802K | New |
| MKL Markel Group Inc. | 0.09% | 414 | $791K | No change |
| TCOM Trip.com Group Ltd.-ADR | 0.09% | 10,000 | $752K | Reduce -71.4% |
| COST Costco Wholesale Corp. | 0.08% | 768 | $711K | No change |
| CRWV Coreweave Inc. Class A | 0.08% | 5,000 | $684K | New |
| WFG West Fraser Timber Co. Ltd. | 0.08% | 10,000 | $680K | New |
| SILO Silo Pharma Inc. | 0.08% | 952,381 | $657K | New |
| GAU Galiano Gold Inc. | 0.07% | 300,000 | $653K | New |
| DDC DDC Enterprise Ltd. Class A | 0.06% | 64,498 | $548K | Reduce -90.8% |
| UPST Upstart Holdings Inc. | 0.05% | 7,829 | $398K | New |
| PRPL Purple Innovation Inc. | 0.03% | 300,000 | $280K | No change |
| JZXN Jiuzi Holdings Inc. | 0.03% | 616,216 | $263K | New |
| 22ND CENTY GROUP INC | 0.02% | 98,212 | $166K | Add +197.3% |
| BFRG Bullfrog AI Holdings Inc. | 0.01% | 80,750 | $113K | New |
Options reported separately and not counted above: IYR puts ($32.4M), QQQ puts ($27.6M), APP puts ($25.5M), EWC puts ($25.3M), MSOS calls ($12.0M), SLNO calls ($8.8M), ARKK puts ($8.6M), IYR calls ($8.0M), GDX puts ($7.6M), KRE calls ($6.3M), IWM calls ($6.0M), JETS puts ($4.9M), and 7 more.
Other holdings (15): bonds, preferreds, convertibles and warrants · $37.7M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| ADSEW ADS-Tec Energy PLC-WRNT | *W EXP 99/99/999 | 913,642 | $11.0M | New |
| TVACW Texas Ventures Acq -31 | *W EXP 04/23/203 | 850,000 | $9.1M | New |
| GROY.WS Gold Royalty Corp. -29 | *W EXP 05/31/202 | 1,977,000 | $7.6M | No change |
| FGIWW Fgi Industries Ltd. -23 | *W EXP 99/99/999 | 740,991 | $4.4M | No change |
| IAUX.WS I-80 Gold Corp. -26 | *W EXP 11/16/202 | 2,913,847 | $2.8M | New |
| MCGAW Yorkville Acquisition - 30 | *W EXP 06/06/203 | 150,847 | $1.6M | Reduce -64.6% |
| DAVEW Dave Inc. -CW27 | *W EXP 01/05/202 | 1,900 | $379K | No change |
| ONFOW Onfolio Holdings Inc. -27 | *W EXP 01/02/202 | 200,000 | $228K | No change |
| ARQQW Arqit Quantum Inc. -CW26 | *W EXP 09/03/202 | 5,300 | $205K | New |
| MDCXW Medicus Pharma Ltd. -29 | *W EXP 11/15/202 | 42,400 | $98K | No change |
| RVSNW Rail Vision Ltd.-CW27 | *W EXP 03/27/202 | 226,120 | $97K | No change |
| EDBLW Edible Garden AG Inc.-CW27 | *W EXP 99/99/999 | 50,000 | $91K | New |
| HUBCW Hub Cyber Security Ltd.-28 | *W EXP 02/27/202 | 10,113 | $20K | No change |
| OABIW Omniab Inc. - CW26 | *W EXP 99/99/999 | 11,833 | $19K | No change |
| XBPEW CF Acquisition Viii A -CW27 | *W EXP 11/30/202 | 12,537 | $10K | No change |
Total filed on the 13F, all lines: $908.2M.
Portfolio Sells Q2 2025 → Q3 2025
| PPTA Perpetua Resources Corp. | Sold out | 0.00% | −4.83 |
| NNDM Nano Dimension Ltd. - ADR | Sold out | 0.00% | −4.74 |
| NA Nano Labs Ltd. Class A | Sold out | 0.00% | −3.11 |
| CCCXU Churchill Capital Corp. X | Sold out | 0.00% | −2.19 |
| DJT Trump Media & Technology Gro | Sold out | 0.00% | −1.67 |
| CRMD Cormedix Inc. | Sold out | 0.00% | −1.65 |
| DDC DDC Enterprise Ltd. Class A | Reduce -90.8% | 0.06% | −1.36 |
| VTR Ventas Inc. | Sold out | 0.00% | −1.07 |
| MYGN Myriad Genetics Inc. | Reduce -62.5% | 0.42% | −0.90 |
| SUI Sun Communities Inc. | Sold out | 0.00% | −0.80 |
| AIV Apartment Invt & Mgmt Co. Class A | Sold out | 0.00% | −0.66 |
| ELME Elme Communities | Sold out | 0.00% | −0.58 |
| GSAT Globalstar Inc. | Reduce -45.5% | 0.63% | −0.57 |
| LW Lamb Weston Holdings Inc. | Reduce -18.4% | 0.73% | −0.56 |
| RCI Rogers Communications Inc. Class B | Reduce -62.7% | 0.20% | −0.54 |
| UHG United Homes Group Inc. | Sold out | 0.00% | −0.53 |
| SPRO Spero Therapeutics Inc. | Reduce -0.7% | 0.35% | −0.52 |
| CABA Cabaletta Bio Inc. | Sold out | 0.00% | −0.51 |
| COLD Americold Realty Trust Inc. | Sold out | 0.00% | −0.50 |
| CUBE Cubesmart | Sold out | 0.00% | −0.50 |
| LITS Lite Strategy Inc. | Sold out | 0.00% | −0.50 |
| BKD Brookdale Senior Living Inc. | Reduce -30.8% | 0.53% | −0.48 |
| GDS GDS Holdings Ltd. - ADR | Sold out | 0.00% | −0.42 |
| ENB Enbridge Inc. | Sold out | 0.00% | −0.42 |
| CXW Corecivic Inc. | Sold out | 0.00% | −0.37 |
| VRE Veris Residential Inc. | Reduce -22.6% | 0.35% | −0.36 |
| PEB Pebblebrook Hotel Trust | Sold out | 0.00% | −0.35 |
| VZLA Vizsla Silver Corp. | Sold out | 0.00% | −0.33 |
| LXP LXP Industrial Trust | Sold out | 0.00% | −0.31 |
| TCOM Trip.com Group Ltd.-ADR | Reduce -71.4% | 0.09% | −0.29 |
| GOOG Alphabet Inc. Class C | Sold out | 0.00% | −0.25 |
| CNQ Canadian Natural Resources | Sold out | 0.00% | −0.23 |
| TSM Taiwan Semiconductor-SP ADR | Sold out | 0.00% | −0.21 |
| CVE Cenovus Energy Inc. | Sold out | 0.00% | −0.20 |
| HYMC Hycroft Mining Holding Co. Class A | Sold out | 0.00% | −0.20 |
| PDD PDD Holdings Inc. | Sold out | 0.00% | −0.19 |
| ESRT Empire State Realty Trust-A | Sold out | 0.00% | −0.18 |
| VIVID SEATS INC | Sold out | 0.00% | −0.17 |
| ACMR Acm Research Inc. Class A | Sold out | 0.00% | −0.17 |
| LQDA Liquidia Corp. | Sold out | 0.00% | −0.16 |
| RSKD Riskified Ltd. Class A | Reduce -15.7% | 0.14% | −0.15 |
| UEC Uranium Energy Corp. | Sold out | 0.00% | −0.13 |
| TSHA Taysha Gene Therapies Inc. | Reduce -24.9% | 0.23% | −0.12 |
| KW Kennedy-Wilson Holdings Inc. | Sold out | 0.00% | −0.10 |
| SAFE Safehold Inc. | Sold out | 0.00% | −0.07 |
| CHSN Chanson International Hold-A | Sold out | 0.00% | −0.06 |
| BNBX BNB Plus Corp. | Sold out | 0.00% | −0.04 |
| CLGN Collplant Biotechnologies LT | Sold out | 0.00% | −0.04 |
| AMERICAN REBEL HLDGS INC | Sold out | 0.00% | −0.03 |
| BNTC Benitec Biopharma Inc. | Sold out | 0.00% | −0.03 |
Portfolio Buys Q2 2025 → Q3 2025
| STRIVE INC | New | 10.12% | +10.12 |
| ORBS Eightco Holdings Inc. | New | 8.64% | +8.64 |
| SLMT Brera Holdings PLC Class B | New | 7.66% | +7.66 |
| EMPD Empery Digital Inc. | New | 3.21% | +3.21 |
| FCRS.U Futurecrest Acquisition Corp. | New | 2.98% | +2.98 |
| TVA Texas Ventures Acquisition-A | New | 2.71% | +2.71 |
| QMMM QMMM Holdings Ltd. Class A | New | 2.02% | +2.02 |
| MCGA Yorkville Acquisition Corp. Class A | New | 1.80% | +1.80 |
| DOCU Docusign Inc. | New | 1.24% | +1.24 |
| OSISKO DEVELOPMENT CORP | Add +82.6% | 2.78% | +1.23 |
| SLS Sellas Life Sciences Group I | Add +2093.8% | 1.12% | +1.00 |
| FWDI Forward Industries Inc. | New | 0.79% | +0.79 |
| AEXA American Exceptionalism Class A | New | 0.69% | +0.69 |
| OXY Occidental Petroleum Corp. | New | 0.54% | +0.54 |
| CAE Cae Inc. | New | 0.53% | +0.53 |
| FIVN FIVE9 Inc. | Add +98.5% | 4.27% | +0.48 |
| VRT Vertiv Holdings Co. Class A | New | 0.48% | +0.48 |
| TPR Tapestry Inc. | Add +350.0% | 0.59% | +0.42 |
| COOP Mr Cooper Group Inc. | New | 0.39% | +0.39 |
| SGHC Super Group SGHC Ltd. | New | 0.38% | +0.38 |
| AQN Algonquin Power & Utilities | Add +266.7% | 0.68% | +0.36 |
| CDE Coeur Mining Inc. | New | 0.32% | +0.32 |
| MLCI Mount Logan Capital Inc. | New | 0.30% | +0.30 |
| INFQ Infleqtion Inc. | New | 0.27% | +0.27 |
| CEG Constellation Energy | Add +400.0% | 0.38% | +0.26 |
| XTIA Xti Aerospace Inc. | New | 0.22% | +0.22 |
| AGX Argan Inc. | Add +100.0% | 0.62% | +0.21 |
| AVBP Arrivent Biopharma Inc. | New | 0.21% | +0.21 |
| LASE Laser Photonics Corp. | New | 0.20% | +0.20 |
| LM FDG AMER INC | New | 0.18% | +0.18 |
| ADSE ADS-Tec Energy PLC | Add +224.2% | 0.42% | +0.18 |
| UMH Umh Properties Inc. | New | 0.17% | +0.17 |
| BABA Alibaba Group Holding-SP ADR | New | 0.16% | +0.16 |
| CHWY Chewy Inc. Class A | New | 0.16% | +0.16 |
| AVGO Broadcom Inc. | Add +137.5% | 0.36% | +0.16 |
| WOLF Wolfspeed Inc. | New | 0.14% | +0.14 |
| VST Vistra Corp. | Add +150.0% | 0.34% | +0.12 |
| SLSR Solaris Resources Inc. | New | 0.11% | +0.11 |
| ETN Eaton Corp. PLC | New | 0.11% | +0.11 |
| BOXL Boxlight Corp. | New | 0.09% | +0.09 |
| CRWV Coreweave Inc. Class A | New | 0.08% | +0.08 |
| WFG West Fraser Timber Co. Ltd. | New | 0.08% | +0.08 |
| SILO Silo Pharma Inc. | New | 0.08% | +0.08 |
| GAU Galiano Gold Inc. | New | 0.07% | +0.07 |
| UPST Upstart Holdings Inc. | New | 0.05% | +0.05 |
| TOON Kartoon Studios Inc. | Add +117.9% | 0.15% | +0.04 |
| JZXN Jiuzi Holdings Inc. | New | 0.03% | +0.03 |
| SN Sharkninja Inc. | Add +75.0% | 0.21% | +0.02 |
| BFRG Bullfrog AI Holdings Inc. | New | 0.01% | +0.01 |
| DVLT Datavault AI Inc. | Add +0.4% | 0.37% | +0.00 |
Options Activity Q2 2025 → Q3 2025
| SPY SS SPDR S&P 500 ETF Trust-US | put | Sold out | 70,000 | $43.2Mbefore exit |
| IYR iShares US Real Estate ETF | put | New | 333,500 | $32.4M |
| QQQ Invesco QQQ Trust Series 1 | put | Reduce -8.0% | 46,000 | $27.6M |
| APP AppLovin Corp. Class A | put | New | 35,500 | $25.5M |
| EWC iShares MSCI Canada ETF | put | Reduce -37.5% | 500,000 | $25.3M |
| MSOS Advisorshares Pure US Cann | call | Reduce -40.8% | 2,503,100 | $12.0M |
| RSP Invesco S&P 500 Equal Weight | put | Sold out | 50,000 | $9.1Mbefore exit |
| SLNO Soleno Therapeutics Inc. | call | New | 130,000 | $8.8M |
| ARKK ARK Innovation ETF | put | New | 100,000 | $8.6M |
| IYR iShares US Real Estate ETF | call | New | 81,900 | $8.0M |
| GDX Vaneck Gold Miners ETF | put | New | 100,000 | $7.6M |
| KRE SS SPDR S&P Regional Bank | call | New | 100,000 | $6.3M |
| IWM iShares Russell 2000 ETF | call | New | 25,000 | $6.0M |
| JETS US Global Jets ETF | put | New | 200,000 | $4.9M |
| BKD Brookdale Senior Living Inc. | call | Add +42.5% | 570,000 | $4.8M |
| TECK Teck Resources Ltd.-CLS B | put | New | 100,000 | $4.4M |
| IAG Iamgold Corp. | call | Reduce -14.3% | 300,000 | $3.9M |
| VRE Veris Residential Inc. | call | Sold out | 250,000 | $3.7Mbefore exit |
| ASSET ENTITIES INC | put | Sold out | 897,300 | $3.4Mbefore exit |
| UWMC Uwm Holdings Corp. | call | New | 507,800 | $3.1M |
| EQX Equinox Gold Corp. | call | New | 250,000 | $2.8M |
| CRWV Coreweave Inc. Class A | put | Sold out | 15,000 | $2.4Mbefore exit |
| OR Or Royalties Inc. | call | Reduce -50.0% | 50,000 | $2.0M |
| TSLA Tesla Inc. | put | Sold out | 5,000 | $1.6Mbefore exit |
| CDLX Cardlytics Inc. | call | New | 561,500 | $1.4M |
| GEO The Geo Group Inc. | call | Sold out | 43,500 | $1.0Mbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q2 2025 → Q3 2025
| ADSEW ADS-Tec Energy PLC-WRNT | *W EXP 99/99/999 | New | 913,642 | $11.0M |
| TVACW Texas Ventures Acq -31 | *W EXP 04/23/203 | New | 850,000 | $9.1M |
| IAUX.WS I-80 Gold Corp. -26 | *W EXP 11/16/202 | New | 2,913,847 | $2.8M |
| MCGAW Yorkville Acquisition - 30 | *W EXP 06/06/203 | Reduce -64.6% | 150,847 | $1.6M |
| ALBEMARLE CORP (ALB 7.25 03/01/27) | 7.25% DEP SHS A | Sold out | 37,500 | $1.2Mbefore exit |
| ARQQW Arqit Quantum Inc. -CW26 | *W EXP 09/03/202 | New | 5,300 | $205K |
| BFRGW Bullfrog AI Holdings Inc.-28 | *W EXP 01/18/202 | Sold out | 80,750 | $122Kbefore exit |
| EDBLW Edible Garden AG Inc.-CW27 | *W EXP 99/99/999 | New | 50,000 | $91K |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 133 | $1.1B | SLS, LION, MSOS, MTCH, FIVN |
| Q1 2026Amended | 90 | $750.8M | LION, MSOS, MTCH, NVDA, LAES |
| Q4 2025 | 88 | $708.1M | LION, CCO, NVDA, MTCH, MSOS |
| Q3 2025 | 78 | $870.5M | QUBT, STRIVE INC, ORBS, SLMT, MTCH |
| Q2 2025 | 82 | $540.4M | QUBT, MTCH, LION, NVDA, PPTA |
| Q1 2025Amended | 90 | $413.3M | MTCH, NNDM, LION, SGI, FIVN |
| Q4 2024 | 111 | $795.6M | IBIT, HES, QUBT, TWLO, ACI |
| Q3 2024Amended | 119 | $693.1M | IBIT, MTCH, NNDM, FIVN, HES |
| Q2 2024 | 117 | $653.2M | GIL, IBIT, MSOS, NNDM, TWLO |
| Q1 2024 | 105 | $1.3B | EVERBRIDGE INC (EVBG 0.125 12/15/24), DISH NETWORK CORP (DISH 0 12/15/25), UNITY SOFTWARE INC (U 0 11/15/26), SPIRIT AIRLINES INC (SAVE 1 05/15/26), GIL |