ARS PHARMACEUTICALS INC

Ticker: SPRY CUSIP: 82835W108 Class: Common Stock

GF FUND MANAGEMENT CO. LTD.'s Holding History (CIK: 0002057060)

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

Q4 2025

Shares 1,942 Value ($000) $23 Avg Close $9.72 Range $6.66 - $11.99

Q3 2025

Shares 2,126 Value ($000) $21 Avg Close $14.35 Range $9.34 - $18.63

Q2 2025

Shares 2,488 Value ($000) $43 Avg Close $14.43 Range $11.65 - $18.90

Q1 2025

Shares 2,488 Value ($000) $31 Avg Close $12.03 Range $10.00 - $15.19

Q4 2024

Shares 2,041 Value ($000) $22 Avg Close $14.01 Range $10.20 - $18.51

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	1,942	$23	$9.72	$6.66 - $11.99
Q3 2025	2,126	$21	$14.35	$9.34 - $18.63
Q2 2025	2,488	$43	$14.43	$11.65 - $18.90
Q1 2025	2,488	$31	$12.03	$10.00 - $15.19
Q4 2024	2,041	$22	$14.01	$10.20 - $18.51