SCHEDULE: Karpus Management Reports 0% Stake in AI Transportation

Karpus Management, Inc. has filed an amended Schedule 13G, reporting zero beneficial ownership in AI Transportation Acquisition Corp.

Summary

• Karpus Management, Inc., an investment adviser, filed an Amendment No. 4 to Schedule 13G regarding AI Transportation Acquisition Corp.
• The filing indicates that Karpus Management, Inc. beneficially owns 0.00 shares, representing 0% of the common stock class of AI Transportation Acquisition Corp.
• The date of the event requiring this filing was December 31, 2025.
• Karpus Management, Inc. is controlled by City of London Investment Group plc, but maintains effective informational barriers, exercising independent voting and investment power.
• The securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 5

Explanation: Neutral. The filing is a routine disclosure of beneficial ownership, specifically reporting 0% ownership, which does not inherently convey positive or negative sentiment regarding the issuer's performance or prospects.

Future Outlook

NA

Management Comments

• Karpus Management, Inc. certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of or with the effect of changing or influencing the control of the issuer.

Industry Context

This filing is a routine disclosure by an investment adviser, indicating a change in its beneficial ownership position, specifically a reduction to zero, in a Special Purpose Acquisition Company (SPAC). Such filings are common as investment advisers adjust their portfolios or as SPACs approach or complete de-SPAC transactions.

Stakeholder Impact

• Shareholders: The filing indicates that Karpus Management, Inc. no longer holds a beneficial ownership stake, which could be interpreted as a lack of institutional interest from this specific entity, though it doesn't necessarily reflect on the company's fundamentals.

Key Dates

Keywords

Karpus Management, AI Transportation Acquisition Corp, Schedule 13G, Beneficial Ownership, Investment Adviser, SEC Filing, G01490112