QUIET CAPITAL MANAGEMENT, LLC

PrivateCIK: 2131928
Location

SAN FRANCISCO, CA

QUIET CAPITAL MANAGEMENT, LLC enters MERLIN, INC. with 12.90M shares plus derivative instruments

Holding both equity and derivatives at entry signals strong long-term conviction in the company.

Indirect Derivatives
IssuerMERLIN, INC.CIK 2028707
10% Owner
Since Mar 2026
12.90M
Baseline shares
0.00
Direct ownership
0 positions
943.88K
Derivative underlying
2 instruments
1
Security positions
12.90M indirect
Non-Derivative Holdings1

Common Stock

Indirect
Shares owned12.90M
Total
12.90M indirect12.90M
Derivative Holdings2

Series A Warrants

Indirect
Underlying security
Common Stock

Underlying shares

479.34K

Shares owned

N/A

Exercise price

6.67

Expiration

Exercise window

12.0% Series A Cumulative Convertible Preferred Stock

Indirect
Underlying security
Common Stock

Underlying shares

464.53K

Shares owned

N/A

Exercise price

6.67

Expiration

Exercise window

Total

Underlying

943.88K

Owned

0.00

QUIET CAPITAL MANAGEMENT, LLC — Initial Ownership Disclosure (Form 3) Filed May 8, 2026 | Finecho