FRACTYL HEALTH INC

Ticker: GUTS CUSIP: 35168W103 Class: Common Stock

Nantahala Capital Management, LLC's Holding History (CIK: 0001472322)

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

Q4 2025

Shares 10,846,440 Value ($000) $23,862 Avg Close $1.61 Range $1.06 - $2.44

Q3 2025

Shares 12,136,917 Value ($000) $19,298 Avg Close $1.30 Range $0.82 - $2.10

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	10,846,440	$23,862	$1.61	$1.06 - $2.44
Q3 2025	12,136,917	$19,298	$1.30	$0.82 - $2.10