X0202 SCHEDULE 13G 0002115022 XXXXXXXX LIVE Ordinary Shares, nominal value 0.12 euro per share 06/30/2026 0001708688 InflaRx N.V. N44821101 WINZERLAER STR. 2 JENA 2M 07745 Rule 13d-1(b) Sirenia Capital Management LP b DE 0.00 8911348.00 0.00 8911348.00 8911348.00 N 6.1 IA PN Alex Silverstein b X1 0.00 8911348.00 0.00 8911348.00 8911348.00 N 6.1 HC IN InflaRx N.V. Winzerlaer Str. 2, Jena, Germany 07745 This statement is filed by: (i) Sirenia Capital Management LP ("Sirenia") with respect to the ordinary shares, nominal value 0.12 euro per share ("Ordinary Shares"), of InflaRx N.V. (the "Issuer") held by investment funds it manages (the "Sirenia Funds"); and (ii) Alex Silverstein ("Mr. Silverstein"), the managing member of Sirenia Capital Management GP LLC, the general partner of Sirenia, with respect to the Ordinary Shares held by the Sirenia Funds. The foregoing persons are hereinafter sometimes collectively referred to as the "Reporting Persons." The filing of this statement should not be construed as an admission that any of the foregoing persons or any Reporting Person is, for the purposes of Section 13 of the Securities Exchange Act of 1934 (the "Act"), the beneficial owner of the securities reported herein. Sirenia and Mr. Silverstein have entered into a Joint Filing Agreement, a copy of which is filed with this Schedule 13G as Exhibit 99.1, pursuant to which they have agreed to file this Schedule 13G jointly in accordance with the provisions of Rule 13d-1(k) of the Act. The address of the principal business office of Sirenia and Mr. Silverstein is 1674 Meridian Avenue, Suite 320, Miami Beach, FL 33139. Sirenia is a Delaware limited partnership. Mr. Silverstein is a United States citizen. N IA HC The information required by Item 4(a) is set forth in Row 9 of the cover page for each of the Reporting Persons and is incorporated herein by reference. The percentage set forth in this Schedule 13G is calculated based upon an aggregate of 147,292,859 Ordinary Shares outstanding, as reported in the Issuer's Prospectus filed pursuant to Rule 424(b)(5) with the Securities and Exchange Commission on May 7, 2026. 6.1% The information required by Item 4(c)(i) is set forth in Row 5 of the cover page for each of the Reporting Persons and is incorporated herein by reference. The information required by Item 4(c)(ii) is set forth in Row 6 of the cover page for each of the Reporting Persons and is incorporated herein by reference. The information required by Item 4(c)(iii) is set forth in Row 7 of the cover page for each of the Reporting Persons and is incorporated herein by reference. The information required by Item 4(c)(iv) is set forth in Row 8 of the cover page for each of the Reporting Persons and is incorporated herein by reference. Y N See Item 2(a). SILV Fund, Ltd. has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, more than 5 percent of the outstanding Ordinary Shares. N See Item 2(a) and Item 3. 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. Exhibit 99.1: Joint Filing Agreement Sirenia Capital Management LP /s/ Kolby Loft 08/14/2026 Alex Silverstein /s/ Alex Silverstein 08/14/2026