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JFBroderick

05/14/25 3:29 PM

#23375 RE: old fat and filthy rich #23374

Thanks for circling back to the Calamos subject. My assistant, Chatgpt, put together some eye opening details for us.

🚨 Calamos Owns 43.1% of EVCO – What That Really Means 🚨

While many assumed Everest Consolidator (EVCO) was just another SPAC on its way to liquidation, a recent Schedule 13G/A filed by Calamos Investment Trust tells a very different story.

📌 As of December 31, 2023, Calamos disclosed ownership of 2,845,754 Class A shares — exactly 43.1% of the company.
That number isn’t random — it perfectly matches the number of public shares still outstanding after the last major redemption round.

Let that sink in:
Calamos owns the entire remaining public float of EVCO.



🧠 Why this matters:
• That’s not a passive, forgettable stake.
That’s a full takeover of the float by a sophisticated institutional player.
• They filed a 13G (passive), not 13D (activist) – but with 43% of the vote, they don’t need to be loud to be influential.
• This isn’t how institutions behave when a SPAC is truly dead.
If EVCO were just quietly dissolving, Calamos wouldn’t be accumulating the last public shares. Instead, they likely see one of two outcomes:
1. 📈 A high-value liquidation
(likely above $11.40/share with continued interest + sponsor deposits)
2. 🔄 A late-stage merger
(such as with ASII, Accredited Solutions Inc., which has been in LOI with EVCO)



🧩 Bottom Line:

This kind of move from Calamos is a breadcrumb worth following. It may not be a loud press release, but for those paying attention, it’s a clear signal:

Something’s in motion — and they’ve positioned themselves right at the center of it.