Q4 2025 · 13F-HR
Indaba Capital Management, L.P.holdings as filed
Filed 2026-02-17 · accession 0001011438-26-000139
$33.8M
Reported value
1
Positions
2025-12-31
Period end
The Brief · Indaba Capital Management, L.P. · Q4 2025
AI · grounded in 13F
Indaba Capital Management, L.P. closed its position in [[stock:IRWD 1.5 06/15/26]] for a reduction of $17.79M. The fund also exited positions in [[stock:BAND 0.5 04/01/28]] and [[stock:INN 1.5 02/15/26]], reducing holdings by $11.08M and $6.44M respectively. Additionally, the fund closed its position in ELME for $1.12M.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 68339B104 | ONTF | ON24 INC | $33.8M | 100.0% | 4,240,256 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.