<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13D" xmlns:com="http://www.sec.gov/edgar/common">
  <schemaVersion>X0202</schemaVersion>
<headerData>
    <submissionType>SCHEDULE 13D</submissionType>
    <filerInfo>
      <filer>
        <filerCredentials>
          <!-- Field: Pseudo-Tag; ID: Name; Data: LoPriore Vincent S -->
          <cik>0001633927</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
  </headerData>
  <formData>
    <coverPageHeader>
      <securitiesClassTitle>Common Stock, par value $0.0001 per share</securitiesClassTitle>
      <dateOfEvent>04/21/2026</dateOfEvent>
      <previouslyFiledFlag>false</previouslyFiledFlag>
      <issuerInfo>
        <issuerCIK>0001583771</issuerCIK>
        <issuerCusips>
          <issuerCusipNumber>426897401</issuerCusipNumber>
        </issuerCusips>
        <issuerName>Hepion Pharmaceuticals, Inc.</issuerName>
        <address>
          <com:street1>c/o Hepion Pharmaceuticals, Inc.,</com:street1>
          <com:street2>34 Shrewsbury Ave., Suite 1D</com:street2>
          <com:city>Red Bank</com:city>
          <com:stateOrCountry>NJ</com:stateOrCountry>
          <com:zipCode>07701</com:zipCode>
        </address>
      </issuerInfo>
      <authorizedPersons>
        <notificationInfo>
          <personName>Vincent LoPriore</personName>
          <personPhoneNum>(732) 902-4000</personPhoneNum>
          <personAddress>
            <com:street1>c/o Hepion Pharmaceuticals, inc.,</com:street1>
            <com:street2>34 Shrewsbury Ave., Suite 1D</com:street2>
            <com:city>Red Bank</com:city>
            <com:stateOrCountry>NJ</com:stateOrCountry>
            <com:zipCode>07701</com:zipCode>
          </personAddress>
        </notificationInfo>
      </authorizedPersons>
    </coverPageHeader>
    <reportingPersons>
      <reportingPersonInfo>
        <reportingPersonCIK>0001840140</reportingPersonCIK>
        <reportingPersonNoCIK>N</reportingPersonNoCIK>
        <reportingPersonName>Gravitas Capital LP</reportingPersonName>
        <fundType>WC</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>X1</citizenshipOrOrganization>
        <soleVotingPower>0.00</soleVotingPower>
        <sharedVotingPower>5000000.00</sharedVotingPower>
        <soleDispositivePower>0.00</soleDispositivePower>
        <sharedDispositivePower>5000000.00</sharedDispositivePower>
        <aggregateAmountOwned>5000000.00</aggregateAmountOwned>
        <isAggregateExcludeShares>N</isAggregateExcludeShares>
        <percentOfClass>17.17</percentOfClass>
        <typeOfReportingPerson>PN</typeOfReportingPerson>
        <commentContent>(1) The percentage reported in row 13 above is calculated with a numerator of 5,000,000 shares beneficially owned by the reporting person and a denominator of 29,119,317 shares of Common Stock outstanding as of April 21, 2026.</commentContent>
      </reportingPersonInfo>
      <reportingPersonInfo>
        <reportingPersonNoCIK>Y</reportingPersonNoCIK>
        <reportingPersonName>Invictus Capital Advisors Pension Plan</reportingPersonName>
        <fundType>OO</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>X1</citizenshipOrOrganization>
        <soleVotingPower>1250000.00</soleVotingPower>
        <sharedVotingPower>00.00</sharedVotingPower>
        <soleDispositivePower>1250000.00</soleDispositivePower>
        <sharedDispositivePower>00.00</sharedDispositivePower>
        <aggregateAmountOwned>1250000.00</aggregateAmountOwned>
        <isAggregateExcludeShares>N</isAggregateExcludeShares>
        <percentOfClass>4.29</percentOfClass>
        <typeOfReportingPerson>OO</typeOfReportingPerson>
        <commentContent>(1) The percentage reported in row 13 above is calculated with a numerator of 1,250,000 shares beneficially owned by the reporting person and a denominator of 29,119,317 shares of Common Stock outstanding as of April 21, 2026.</commentContent>
      </reportingPersonInfo>
      <reportingPersonInfo>
        <reportingPersonCIK>0001633927</reportingPersonCIK>
        <reportingPersonNoCIK>N</reportingPersonNoCIK>
        <reportingPersonName>Vincent LoPriore</reportingPersonName>
        <fundType>PF</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>X1</citizenshipOrOrganization>
        <soleVotingPower>1250000.00</soleVotingPower>
        <sharedVotingPower>5000000.00</sharedVotingPower>
        <soleDispositivePower>1250000.00</soleDispositivePower>
        <sharedDispositivePower>5000000.00</sharedDispositivePower>
        <aggregateAmountOwned>6250000.00</aggregateAmountOwned>
        <isAggregateExcludeShares>N</isAggregateExcludeShares>
        <percentOfClass>21.46</percentOfClass>
        <typeOfReportingPerson>IN</typeOfReportingPerson>
        <commentContent>(1) The percentage reported in row 13 above is calculated with a numerator of 6,250,000 shares beneficially owned by the reporting person and a denominator of 29,119,317 shares of Common Stock outstanding as of April 21, 2026.

Vincent LoPriore is the Managing Member of Gravitas Capital LP and in such capacity has the right to vote and dispose of the 5,000,000 shares of Common Stock held by Gravitas Capital LP. Mr. LoPriore is the trustee and beneficiary of the Invictus Capital Advisors Pension Plan (the "Pension Plan") and in such capacity has the right to vote and dispose of the 1,250,000 shares of Common Stock held by the Pension Plan.</commentContent>
      </reportingPersonInfo>
    </reportingPersons>
    <items1To7>
      <item1>
        <securityTitle>Common Stock, par value $0.0001 per share</securityTitle>
        <issuerName>Hepion Pharmaceuticals, Inc.</issuerName>
        <issuerPrincipalAddress>
          <com:street1>c/o Hepion Pharmaceuticals, Inc.,</com:street1>
          <com:street2>34 Shrewsbury Ave., Suite 1D</com:street2>
          <com:city>Red Bank</com:city>
          <com:stateOrCountry>NJ</com:stateOrCountry>
          <com:zipCode>07701</com:zipCode>
        </issuerPrincipalAddress>
      </item1>
      <item2>
        <filingPersonName>This Statement is being filed jointly on behalf of (i) Vincent LoPriore (ii) Gravitas Capital LP and (iii) Invictus Capital Advisors Pension Plan (the "Pension Plan" and together with Gravitas Capital LP and Mr. LoPriore, the "Reporting Persons"). Each Reporting Person disclaims beneficial ownership of all securities reported in this Statement except to the extent of such Reporting Persons pecuniary interests therein, other than those securities reported herein as being held directly by such Reporting Persons.</filingPersonName>
        <principalBusinessAddress>The business address of each of the Reporting Persons is 34 Shrewsbury Ave, Red Bank, NJ 07701.</principalBusinessAddress>
        <principalJob>Mr. LoPriore is the Executive Chairman of the Issuer. Vincent LoPriore is the Managing Member of Gravitas Capital LP. He is also the trustee and beneficiary of the Pension Plan.</principalJob>
        <hasBeenConvicted>No</hasBeenConvicted>
        <convictionDescription>No</convictionDescription>
        <citizenship>Mr. LoPriore is a citizen of the United States of America. Gravitas Capital LP is a Delaware limited partnership. The Pension Plan is organized under the laws of the United States of America.</citizenship>
      </item2>
      <item3>
        <fundsSource>The aggregate purchase price of the shares of Common Stock beneficially owned by each of the Reporting Person was approximately $250,000.00.</fundsSource>
      </item3>
      <item4>
        <transactionPurpose>The Common Stock owned by each of the Reporting Persons has been acquired for investment purposes. The Reporting Person may make further acquisitions of the Common Stock from time to time. Except for the foregoing, the Reporting Persons have no plans or proposals which relate to, or could result in, any of the matters referred to in Item 4 of Schedule 13D.</transactionPurpose>
      </item4>
      <item5>
        <percentageOfClassSecurities>See responses to Items 11 and 13 on the cover pages for each Reporting Person.</percentageOfClassSecurities>
        <numberOfShares>See responses to Items 7, 8, 9 and 10 on the cover pages for each Reporting Person.</numberOfShares>
        <transactionDesc>Not applicable.</transactionDesc>
        <listOfShareholders>Not applicable.</listOfShareholders>
        <date5PercentOwnership>Not applicable.</date5PercentOwnership>
      </item5>
      <item6>
        <contractDescription>Other than as described herein, each of the Reporting Persons do not have any contracts, arrangements, understandings or relationships with respect to the securities of the Issuer.</contractDescription>
      </item6>
      <item7>
        <filedExhibits>Joint Filing Agreement dated May 1, 2026</filedExhibits>
      </item7>
    </items1To7>
    <signatureInfo>
      <signaturePerson>
        <signatureReportingPerson>Gravitas Capital LP</signatureReportingPerson>
        <signatureDetails>
          <signature>/s/ Vincent LoPriore</signature>
          <title>Vincent LoPriore</title>
          <date>05/01/2026</date>
        </signatureDetails>
      </signaturePerson>
      <signaturePerson>
        <signatureReportingPerson>Invictus Capital Advisors Pension Plan</signatureReportingPerson>
        <signatureDetails>
          <signature>/s/ Vincent LoPriore</signature>
          <title>Vincent LoPriore/ Managing Member</title>
          <date>05/01/2026</date>
        </signatureDetails>
      </signaturePerson>
      <signaturePerson>
        <signatureReportingPerson>Vincent LoPriore</signatureReportingPerson>
        <signatureDetails>
          <signature>/s/ Vincent LoPriore</signature>
          <title>Vincent LoPriore/ Trustee</title>
          <date>05/01/2026</date>
        </signatureDetails>
      </signaturePerson>
    </signatureInfo>
  </formData>

</edgarSubmission>
