TERNS PHARMACEUTICALS INC

Ticker: TERN CUSIP: 880881107 Class: Common Stock

Boxer Capital Management, LLC's Holding History (CIK: 0002018299)

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

Q4 2025

Shares 375,000 Value ($000) $15,150 Avg Close $23.11 Range $6.99 - $48.26

Q4 2024

Shares 752,000 Value ($000) $4,166 Avg Close $6.77 Range $5.36 - $8.46

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	375,000	$15,150	$23.11	$6.99 - $48.26
Q4 2024	752,000	$4,166	$6.77	$5.36 - $8.46