INOVIO PHARMACEUTICALS INC

Ticker: INO CUSIP: 45773H409 Class: Common Stock

ADAR1 Capital Management, LLC's Holding History (CIK: 0001940272)

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

Q4 2025

Shares 1,485,008 Value ($000) $2,584 Avg Close $2.20 Range $1.68 - $2.72

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	1,485,008	$2,584	$2.20	$1.68 - $2.72