X0202 SCHEDULE 13G/A 0002068530 XXXXXXXX LIVE 1 Common Stock, par value $0.001 per share 06/24/2026 0001513525 Adial Pharmaceuticals, Inc. 00688A304 4870 Sadler Road Suite 300 Glen Allen VA 23060 Rule 13d-1(b) Rule 13d-1(c) Coastlands Capital LP b DE 0.00 373322.00 0.00 373322.00 373322.00 N 14.22 IA PN Consists of 373,322 shares of Common Stock held directly by Coastlands Capital Partners LP. The calculation of the beneficial ownership of the Reporting Persons is based on 2,625,943 shares outstanding as of June 17, 2026 as provided by the Issuer to the Reporting Persons. Excludes pre-funded warrants held by the Reporting Persons in excess of a beneficial ownership limitation of 4.99%. Coastlands Capital Partners LP b DE 0.00 373322.00 0.00 373322.00 373322.00 N 14.22 PN Consists of 373,322 shares of Common Stock held directly by Coastlands Capital Partners LP. The calculation of the beneficial ownership of the Reporting Persons is based on 2,625,943 shares outstanding as of June 17, 2026 as provided by the Issuer to the Reporting Persons. Excludes pre-funded warrants held by the Reporting Persons in excess of a beneficial ownership limitation of 4.99%. Coastlands Capital GP LLC b DE 0.00 373322.00 0.00 373322.00 373322.00 N 14.22 OO Consists of 373,322 shares of Common Stock held directly by Coastlands Capital Partners LP. The calculation of the beneficial ownership of the Reporting Persons is based on 2,625,943 shares outstanding as of June 17, 2026 as provided by the Issuer to the Reporting Persons. Excludes pre-funded warrants held by the Reporting Persons in excess of a beneficial ownership limitation of 4.99%. Coastlands Capital LLC b DE 0.00 373322.00 0.00 373322.00 373322.00 N 14.22 HC OO Consists of 373,322 shares of Common Stock held directly by Coastlands Capital Partners LP. The calculation of the beneficial ownership of the Reporting Persons is based on 2,625,943 shares outstanding as of June 17, 2026 as provided by the Issuer to the Reporting Persons. Excludes pre-funded warrants held by the Reporting Persons in excess of a beneficial ownership limitation of 4.99%. Matthew D. Perry b X1 0.00 373322.00 0.00 373322.00 373322.00 N 14.22 HC IN Consists of 373,322 shares of Common Stock held directly by Coastlands Capital Partners LP. The calculation of the beneficial ownership of the Reporting Persons is based on 2,625,943 shares outstanding as of June 17, 2026 as provided by the Issuer to the Reporting Persons. Excludes pre-funded warrants held by the Reporting Persons in excess of a beneficial ownership limitation of 4.99%. Adial Pharmaceuticals, Inc. 4870 Sadler Road Suite 300 Glen Allen, VA, 23060 Coastlands Capital LP, a Delaware limited partnership ("Coastlands") Coastlands Capital Partners LP, a Delaware limited partnership (the "Partnership") Coastlands Capital GP LLC, a Delaware limited liability company (the "General Partner") Coastlands Capital LLC, a Delaware limited liability company ("Coastlands GP") Matthew D. Perry Coastlands and the General Partner are the investment adviser and general partner, respectively, of the Partnership. Coastlands GP is the general partner of Coastlands. Mr. Perry is the control person of Coastlands, the Partnership, Coastlands GP and the General Partner. The reporting persons are filing this Schedule 13G jointly, but not as members of a group, and each disclaims membership in a group. Each reporting person also disclaims beneficial ownership of Common Stock except to the extent of that person's pecuniary interest therein. In addition, the filing of this Schedule 13G on behalf of the Partnership should not be construed as an admission that it is, and it disclaims that it is, a beneficial owner, as defined in Rule 13d-3 under the Act, of any Common Stock covered by this Schedule 13G. 601 California Street, Suite 1210, San Francisco, CA 94108 See Item 4 of the cover sheet for each reporting person. N IA HC Coastlands: 373,322 Partnership: 373,322 General Partner: 373,322 Coastlands GP: 373,322 Matthew D. Perry: 373,322 Coastlands: 14.22% Partnership: 14.22% General Partner: 14.22% Coastlands GP: 14.22% Matthew D. Perry: 14.22% Coastlands: 0 Partnership: 0 General Partner: 0 Coastlands GP: 0 Matthew D. Perry: 0 Coastlands: 373,322 Partnership: 373,322 General Partner: 373,322 Coastlands GP: 373,322 Matthew D. Perry: 373,322 Coastlands: 0 Partnership: 0 General Partner: 0 Coastlands GP: 0 Matthew D. Perry: 0 Coastlands: 373,322 Partnership: 373,322 General Partner: 373,322 Coastlands GP: 373,322 Matthew D. Perry: 373,322 Y N The Partnership holds the shares of Common Stock, including shares of Common Stock issuable upon exercise of pre-funded warrants, for the benefit of its investors and has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, shares of Common Stock, including shares of Common Stock issuable upon exercise of pre-funded warrants. Y Y Y N By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11. By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11. Exhibit 99.1 - Agreement Regarding Joint Filing of Statement on Schedule 13D or 13G (incorporated by reference to the Schedule 13G filed on June 24, 2026) Coastlands Capital LP /s/ Mark Shamia 07/01/2026 Coastlands Capital Partners LP /s/ Mark Shamia 07/01/2026 Coastlands Capital GP LLC /s/ Mark Shamia 07/01/2026 Coastlands Capital LLC /s/ Mark Shamia 07/01/2026 Matthew D. Perry /s/ Matthew D. Perry 07/01/2026