ARROWHEAD PHARMACEUTICALS IN

Ticker: ARWR CUSIP: 04280A100 Class: Common Stock

Velan Capital Investment Management LP's Holding History (CIK: 0001848809)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 6,500 Value ($000) $432 Avg Close $49.01 Range $34.38 - $72.36

Q3 2025

Shares 6,500 Value ($000) $224 Avg Close $21.98 Range $14.30 - $34.61

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	6,500	$432	$49.01	$34.38 - $72.36
Q3 2025	6,500	$224	$21.98	$14.30 - $34.61