Karpus Management reports 5.94% Calisa Acquisition Corp (ALIS) stake

Rhea-AI Filing Summary

Karpus Management, Inc., doing business as Karpus Investment Management, has filed a Schedule 13G reporting a passive ownership stake in Calisa Acquisition Corp common stock. Karpus reports beneficial ownership of 500,375 shares, representing 5.94% of the outstanding common shares.

Karpus, a New York investment adviser, has sole voting and sole dispositive power over these shares, which are held in accounts it manages. The firm certifies the position was acquired and is held in the ordinary course of business and not for the purpose of changing or influencing control of Calisa Acquisition Corp.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

Calisa Acquisition Corp

(Name of Issuer)

Common

(Title of Class of Securities)

G1771C101

(CUSIP Number)

12/31/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. G1771C101

1

Names of Reporting Persons

KARPUS MANAGEMENT, INC.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

NEW YORK

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 500,375.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 500,375.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

500,375.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.94 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Calisa Acquisition Corp
(b)	Address of issuer's principal executive offices: 205 West 37th Street, New York, NY 10018
Item 2.
(a)	Name of person filing: This statement is being filed by Karpus Management, Inc., d/b/a Karpus Investment Management ("Karpus" or the "Reporting Person"). Karpus is a registered investment adviser under Section 203 of the Investment Advisers Act of 1940. Karpus is controlled by City of London Investment Group plc ("CLIG"), which is listed on the London Stock Exchange. However, in accordance with SEC Release No. 34-39538 (January 12, 1998), effective informational barriers have been established between Karpus and CLIG such that voting and investment power over the subject securities is exercised by Karpus independently of CLIG, and, accordingly, attribution of beneficial ownership is not required between Karpus and CLIG. The Shares to which this Schedule 13G relates are owned directly by the accounts managed by Karpus.
(b)	Address or principal business office or, if none, residence: 183 Sully's Trail, Pittsford, New York 14534.
(c)	Citizenship: The members of the Karpus Management Committee are US citizens. Karpus is a New York corporation.
(d)	Title of class of securities: Common
(e)	CUSIP No.: G1771C101
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 500,375.00
(b)	Percent of class: 5.94 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 500,375.00
	(ii) Shared power to vote or to direct the vote: 0.00
	(iii) Sole power to dispose or to direct the disposition of: 500,375.00
	(iv) Shared power to dispose or to direct the disposition of: 0.00
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

KARPUS MANAGEMENT, INC.

Signature:	/s/ Jodi L. Hedberg
Name/Title:	Jodi L. Hedberg / Chief Compliance Officer
Date:	02/13/2026

FAQ

What ownership stake does Karpus Management hold in Calisa Acquisition Corp (ALIS)?

Karpus Management, Inc. reports beneficial ownership of 500,375 Calisa Acquisition Corp common shares, representing 5.94% of the class. This stake is disclosed on a Schedule 13G, indicating a passive investment rather than an attempt to influence control of the company.

Is Karpus Management’s position in Calisa Acquisition Corp (ALIS) passive or activist?

Karpus Management’s position is reported as passive. The firm certifies the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control, consistent with a Schedule 13G filing rather than an activist 13D.

How much voting power does Karpus Management have in Calisa Acquisition Corp (ALIS)?

Karpus Management reports sole voting power over 500,375 Calisa Acquisition Corp common shares. It also reports sole dispositive power over the same number of shares, with no shared voting or shared dispositive power indicated in the Schedule 13G ownership breakdown.

Who actually owns the Calisa Acquisition Corp (ALIS) shares reported by Karpus Management?

The Calisa Acquisition Corp shares are owned directly by accounts managed by Karpus Management, Inc. Karpus acts as an investment adviser with voting and investment power, meaning beneficial ownership is attributed through its discretionary authority over these client accounts.

What is Karpus Management’s corporate status and location in relation to Calisa Acquisition Corp (ALIS)?

Karpus Management, Inc. is a New York corporation and a registered investment adviser under the Investment Advisers Act of 1940. Its principal business office is at 183 Sully's Trail, Pittsford, New York 14534, while Calisa Acquisition Corp’s executive offices are in New York City.

Does City of London Investment Group control Karpus’s Calisa Acquisition Corp (ALIS) shares?

City of London Investment Group plc controls Karpus Management, Inc., but effective informational barriers are in place. The filing states voting and investment power over Calisa Acquisition Corp securities is exercised by Karpus independently of CLIG, so attribution of beneficial ownership to CLIG is not required.