LIPOCINE INC NEW

Ticker: LPCN CUSIP: 53630X203 Class: NEW COM NEW

Squadron Capital Management LLC's Holding History (CIK: 0002050709)

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

Q4 2025

Shares 530,000 Value ($000) $4,256 Avg Close $3.36 Range $2.52 - $8.29

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	530,000	$4,256	$3.36	$2.52 - $8.29