Nantahala Capital Management, LLC Q3 2025 Filing

Filed November 14, 2025

Portfolio Value

$2.9T

Holdings

143

Report Date

Q3 2025

Filing Type

13F-HR

All Holdings (143 positions)

#StockSharesValue% PortfolioType
101
SCPHSCPHARMACEUTICALS INC
861,277$4.9B0.17%
102
KODKODIAK SCIENCES INC
290,884$4.8B0.17%
103
HAINHAIN CELESTIAL GROUP INC
3,000,000$4.7B0.16%
104
CGONCG ONCOLOGY INC
109,449$4.4B0.15%
105
BRCCBRC INC
2,630,517$4.1B0.14%
106
UNCYUNICYCIVE THERAPEUTICS INC
939,202$4.1B0.14%
107
AGIOAGIOS PHARMACEUTICALS INC
100,000$4.0B0.14%
108
RYAMRAYONIER ADVANCED MATLS INC
510,510$3.7B0.13%
109
IKTINHIBIKASE THERAPEUTICS INC
2,190,000$3.5B0.12%
110
GRCEGRACE THERAPEUTICS INC
1,178,203$3.5B0.12%
111
AQSTAQUESTIVE THERAPEUTICS INC
600,000$3.4B0.12%
112
TLPHTALPHERA INC
3,492,519$3.1B0.11%
113
NPCENEUROPACE INC
295,089$3.0B0.11%
114
SRZNSURROZEN INC
229,527$3.0B0.10%
115
ELDNELEDON PHARMACEUTICALS INC
1,141,237$3.0B0.10%
116
PAYOPAYONEER GLOBAL INC
483,836$2.9B0.10%
117
NDLSUSDNOODLES & CO
4,505,489$2.9B0.10%
118
KOSKOSMOS ENERGY LTD
1,716,593$2.8B0.10%
119
ELUTELUTIA INC
3,184,947$2.8B0.10%
120
RDIREADING INTL INC
1,921,088$2.8B0.10%
121
MAZEMAZE THERAPEUTICS INC
93,351$2.4B0.08%
122
SRLSCULLY ROYALTY LTD
368,182$2.2B0.08%
123
SP4PACHIEVE LIFE SCIENCES INC
648,885$2.0B0.07%
124
AYTUAYTU BIOPHARMA INC
1,086,812$2.0B0.07%
125
ASPSALTISOURCE PORTFOLIO SOLUTIO
2,477,312$1.7B0.06%
126
CNTXCONTEXT THERAPEUTICS INC
1,661,950$1.6B0.06%
127
EDSAEDESA BIOTECH INC
625,000$1.5B0.05%
128
ASPSALTISOURCE PORTFOLIO SOLUTIO
2,477,312$1.4B0.05%
129
PHGEBIOMX INC
2,493,309$1.3B0.05%
130
SNTISENTI BIOSCIENCES INC
888,000$1.3B0.04%
131
PERFPERFECT CORP
583,925$1.1B0.04%
132
KIDSORTHOPEDIATRICS CORP
49,449$916.3M0.03%
133
ACUACME UTD CORP
20,427$841.2M0.03%
134
E2OSTRATA SKIN SCIENCES INC
403,917$832.1M0.03%
135
EVOKEVOKE PHARMA INC
148,153$736.3M0.03%
136
SGRPSPAR GROUP INC
660,688$680.5M0.02%
137
CASHPATHWARD FINANCIAL INC
8,341$617.3M0.02%
138
KPRXKIORA PHARMACEUTICALS INC
156,427$434.9M0.02%
139
APREAPREA THERAPEUTICS INC
205,760$303.5M0.01%
140
ANIKANIKA THERAPEUTICS INC
20,961$197.0M0.01%
141
LUCDLUCID DIAGNOSTICS INC
94,541$95.5M0.00%
142
GFAIGUARDFORCE AI CO LTD
154,205$29.3M0.00%
143
PERFPERFECT CORP
16,075$348K0.00%
PreviousPage 2 of 2