HCW BIOLOGICS INC

Ticker: HCWB CUSIP: 40423R204 Class: Common Stock

J.W. COLE ADVISORS, INC.'s Holding History (CIK: 0001404763)

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

Q4 2025

Shares 12,500 Value ($000) $12 Avg Close $2.83 Range $0.95 - $4.88

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	12,500	$12	$2.83	$0.95 - $4.88