Velan Capital Investment Management LP Quant / Systematic

CIK: 0001848809 · Show all filings

Period: Q3 2024 (← Previous) (Next →)

Filing Date: Nov 14, 2024

Total Value ($000): $106,939 (100.0% shares, 0.0% debt)

Holdings (18)

JSPR JASPER THERAPEUTICS INC 25.2%

Value ($000) $26,970 Shares 1,433,828 Est. Cost $17.76 Unrealized +12.1%

PRAX PRAXIS PRECISION MEDICINES I 18.9%

Value ($000) $20,177 Shares 350,666 Est. Cost $18.39 Unrealized +193.7%

XBI SPDR SER TR 13.9%

Value ($000) $14,820 Shares 150,000 Est. Cost — Unrealized —

HRTX HERON THERAPEUTICS INC 13.0%

Value ($000) $13,904 Shares 6,986,744 Est. Cost $2.38 Unrealized +0.5%

— TOURMALINE BIO INC 8.0%

Value ($000) $8,515 Shares 331,190 Est. Cost $26.16 Unrealized —

RZLT REZOLUTE INC 3.6%

Value ($000) $3,880 Shares 800,000 Est. Cost $2.43 Unrealized +89.0%

LQDA LIQUIDIA CORPORATION 2.8%

Value ($000) $3,000 Shares 300,000 Est. Cost $10.92 Unrealized 0.0%

CNTX CONTEXT THERAPEUTICS INC 2.4%

Value ($000) $2,529 Shares 1,290,323 Est. Cost $1.72 Unrealized +28.7%

NSPR INSPIREMD INC 2.3%

Value ($000) $2,423 Shares 904,029 Est. Cost $1.59 Unrealized +71.4%

— SCPHARMACEUTICALS INC 2.2%

Value ($000) $2,361 Shares 517,668 Est. Cost $4.56 Unrealized —

TELA TELA BIO INC 1.8%

Value ($000) $1,891 Shares 747,410 Est. Cost $7.03 Unrealized -49.4%

— OPTINOSE INC 1.3%

Value ($000) $1,438 Shares 2,146,608 Est. Cost $2.21 Unrealized —

ZVRA ZEVRA THERAPEUTICS INC 1.3%

Value ($000) $1,388 Shares 200,000 Est. Cost $6.78 Unrealized 0.0%

TARA PROTARA THERAPEUTICS INC 1.0%

Value ($000) $1,050 Shares 574,000 Est. Cost $2.78 Unrealized -26.1%

CRBP CORBUS PHARMACEUTICALS HLDGS 1.0%

Value ($000) $1,032 Shares 50,000 Est. Cost $51.17 Unrealized 0.0%

SKYE SKYE BIOSCIENCE INC 0.8%

Value ($000) $825 Shares 211,071 Est. Cost $11.84 Unrealized -52.6%

KPRX KIORA PHARMACEUTICALS INC 0.4%

Value ($000) $447 Shares 122,223 Est. Cost $4.67 Unrealized -16.4%

TENX TENAX THERAPEUTICS INC 0.3%

Value ($000) $288 Shares 83,333 Est. Cost $3.62 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
JSPR	JASPER THERAPEUTICS INC	1,433,828	$26,970	25.2%	$17.76	+12.1%	COM NEW	471871202
PRAX	PRAXIS PRECISION MEDICINES I	350,666	$20,177	18.9%	$18.39	+193.7%	COM NEW	74006W207
XBI	SPDR SER TR	150,000	$14,820	13.9%	—	—	Call	78464A870
HRTX	HERON THERAPEUTICS INC	6,986,744	$13,904	13.0%	$2.38	+0.5%	COM	427746102
—	TOURMALINE BIO INC	331,190	$8,515	8.0%	$26.16	—	COM	89157D105
RZLT	REZOLUTE INC	800,000	$3,880	3.6%	$2.43	+89.0%	COM NEW	76200L309
LQDA	LIQUIDIA CORPORATION	300,000	$3,000	2.8%	$10.92	0.0%	COM NEW	53635D202
CNTX	CONTEXT THERAPEUTICS INC	1,290,323	$2,529	2.4%	$1.72	+28.7%	COM	21077P108
NSPR	INSPIREMD INC	904,029	$2,423	2.3%	$1.59	+71.4%	COM	45779A846
—	SCPHARMACEUTICALS INC	517,668	$2,361	2.2%	$4.56	—	COM	810648105
TELA	TELA BIO INC	747,410	$1,891	1.8%	$7.03	-49.4%	COM	872381108
—	OPTINOSE INC	2,146,608	$1,438	1.3%	$2.21	—	COM	68404V100
ZVRA	ZEVRA THERAPEUTICS INC	200,000	$1,388	1.3%	$6.78	0.0%	COM NEW	488445206
TARA	PROTARA THERAPEUTICS INC	574,000	$1,050	1.0%	$2.78	-26.1%	COM STK	74365U107
CRBP	CORBUS PHARMACEUTICALS HLDGS	50,000	$1,032	1.0%	$51.17	0.0%	COM NEW	21833P301
SKYE	SKYE BIOSCIENCE INC	211,071	$825	0.8%	$11.84	-52.6%	COM NEW	83086J200
KPRX	KIORA PHARMACEUTICALS INC	122,223	$447	0.4%	$4.67	-16.4%	COM	49721T507
TENX	TENAX THERAPEUTICS INC	83,333	$288	0.3%	$3.62	0.0%	COM NEW	88032L605