TERNS PHARMACEUTICALS INC

Ticker: TERN CUSIP: 880881107 Class: Common Stock

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

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

Q4 2025

Shares 541,615 Value ($000) $21,881 Avg Close $23.11 Range $6.99 - $48.26

Q3 2025

Shares 10,000 Value ($000) $75 Avg Close $6.39 Range $3.67 - $8.22

Q2 2025

Shares 28,415 Value ($000) $106 Avg Close $3.12 Range $1.86 - $4.34

Q3 2024

Shares 24,702 Value ($000) $206 Avg Close $8.23 Range $6.41 - $11.40

Q2 2024

Shares 15,000 Value ($000) $102 Avg Close $6.06 Range $4.32 - $8.41

Q1 2024

Shares 5,000 Value ($000) $33 Avg Close $6.53 Range $4.83 - $8.68

Q4 2023

Shares 13,007 Value ($000) $84 Avg Close $5.29 Range $3.26 - $7.21

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	541,615	$21,881	$23.11	$6.99 - $48.26
Q3 2025	10,000	$75	$6.39	$3.67 - $8.22
Q2 2025	28,415	$106	$3.12	$1.86 - $4.34
Q3 2024	24,702	$206	$8.23	$6.41 - $11.40
Q2 2024	15,000	$102	$6.06	$4.32 - $8.41
Q1 2024	5,000	$33	$6.53	$4.83 - $8.68
Q4 2023	13,007	$84	$5.29	$3.26 - $7.21