0001940272-24-000002.txt : 20240214 0001940272-24-000002.hdr.sgml : 20240214 20240214164522 ACCESSION NUMBER: 0001940272-24-000002 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20231231 FILED AS OF DATE: 20240214 DATE AS OF CHANGE: 20240214 EFFECTIVENESS DATE: 20240214 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ADAR1 Capital Management, LLC CENTRAL INDEX KEY: 0001940272 ORGANIZATION NAME: IRS NUMBER: 000000000 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-23931 FILM NUMBER: 24639626 BUSINESS ADDRESS: STREET 1: 3503 WILD CHERRY DRIVE STREET 2: BUILDING 9 CITY: AUSTIN STATE: TX ZIP: 78738 BUSINESS PHONE: 512-254-3790 MAIL ADDRESS: STREET 1: 3503 WILD CHERRY DRIVE STREET 2: BUILDING 9 CITY: AUSTIN STATE: TX ZIP: 78738 13F-HR 1 primary_doc.xml X0202 13F-HR LIVE false false false 0001940272 XXXXXXXX 12-31-2023 12-31-2023 ADAR1 Capital Management, LLC

3503 WILD CHERRY DRIVE BUILDING 9 AUSTIN TX 78738

13F HOLDINGS REPORT 028-23931 000299694 N Stephen Scipione 5122543790 Stephen Scipione Austin TX 02-14-2024 0 170 279822275 false INFORMATION TABLE 2 adar1data.xml 2SEVENTY BIO INC COMMON STOCK 901384107 4270 1000 SH SOLE 1000 0 0 89BIO INC COM 282559103 4803 430 SH SOLE 430 0 0 99 ACQUISITION GROUP INC UNIT 99/99/9999 65445K200 77325 7500 SH SOLE 7500 0 0 AB ACTIVE ETFS INC ULTRA SHORT INCM 00039J103 502900 10000 SH SOLE 10000 0 0 ACASTI PHARMA INC CL A 00430K865 99797 34532 SH SOLE 34532 0 0 ACELYRIN INC COM 00445A100 52220 7000 SH SOLE 7000 0 0 AI TRANSN ACQUISITION CORP UNIT 99/99/9999 G01490138 76575 7500 SH SOLE 7500 0 0 AIMFINITY INVESTMENT CORP I *W EXP 04/21/202 G0135E126 675 18000 SH SOLE 18000 0 0 AKERO THERAPEUTICS INC COM 00973Y108 373600 16000 SH SOLE 16000 0 0 ALGONQUIN PWR UTILS CORP COM 015857105 316000 50000 SH SOLE 50000 0 0 ALNYLAM PHARMACEUTICALS INC COM 02043Q107 1818395 9500 SH SOLE 9500 0 0 ALNYLAM PHARMACEUTICALS INC COM 02043Q107 43756326 228600 SH Put SOLE 228600 0 0 ALPINE IMMUNE SCIENCES INC COM 02083G100 57695 3027 SH SOLE 3027 0 0 ALTERYX INC COM CL A 02156B103 2925712 62038 SH SOLE 62038 0 0 ALTIMMUNE INC COM NEW 02155H200 43875 3900 SH Put SOLE 3900 0 0 ALTRIA GROUP INC COM 02209S103 242040 6000 SH SOLE 6000 0 0 AMPLIFY ENERGY CORP NEW COM 03212B103 41990 7081 SH SOLE 7081 0 0 AMYLYX PHARMACEUTICALS INC COM 03237H101 1141654 77558 SH SOLE 77558 0 0 AMYLYX PHARMACEUTICALS INC COM 03237H101 176640 12000 SH Call SOLE 12000 0 0 AMYLYX PHARMACEUTICALS INC COM 03237H101 468096 31800 SH Put SOLE 31800 0 0 ANEBULO PHARMACEUTICALS INC COM 034569103 2945 1217 SH SOLE 1217 0 0 ANGIODYNAMICS INC COM 03475V101 1042422 132962 SH SOLE 132962 0 0 ANI PHARMACEUTICALS INC COM 00182C103 132336 2400 SH SOLE 2400 0 0 ARBUTUS BIOPHARMA CORP COM 03879J100 8672060 3468824 SH SOLE 3468824 0 0 ARBUTUS BIOPHARMA CORP COM 03879J100 444250 177700 SH Call SOLE 177700 0 0 ARCUTIS BIOTHERAPEUTICS INC COM 03969K108 888250 275000 SH SOLE 275000 0 0 ARGENX SE SPONSORED ADR 04016X101 26630 70 SH SOLE 70 0 0 ARROWHEAD PHARMACEUTICALS IN COM 04280A100 9180 300 SH SOLE 300 0 0 ARVINAS INC COM 04335A105 32928 800 SH Put SOLE 800 0 0 ASCENDIS PHARMA A/S SPONSORED ADR 04351P101 5779090 45884 SH SOLE 45884 0 0 ASTRIA THERAPEUTICS INC COM 04635X102 1468808 191251 SH SOLE 191251 0 0 AVADEL PHARMACEUTICALS PLC SPONSORED ADR 05337M104 28240 2000 SH SOLE 2000 0 0 AVROBIO INC COM 05455M100 68200 50147 SH SOLE 50147 0 0 BAUSCH PLUS LOMB CORP COMMON SHARES 071705107 59710 3500 SH SOLE 3500 0 0 BEIGENE LTD SPONSORED ADR 07725L102 365770 2028 SH SOLE 2028 0 0 BICYCLE THERAPEUTICS PLC SPONSORED ADS 088786108 1352836 74825 SH SOLE 74825 0 0 BICYCLE THERAPEUTICS PLC SPONSORED ADS 088786108 978128 54100 SH Put SOLE 54100 0 0 BRAINSTORM CELL THERAPEUTICS COM NEW 10501E201 27491 100700 SH Put SOLE 100700 0 0 BRIDGEBIO PHARMA INC COM 10806X102 7473981 185137 SH SOLE 185137 0 0 BURFORD CAP LTD ORD SHS G17977110 164736 10560 SH SOLE 10560 0 0 CELLECTAR BIOSCIENCES INC COM NEW 15117F807 3817287 1378082 SH SOLE 1378082 0 0 CEREVEL THERAPEUTICS HLDNG I COM 15678U128 4693680 110700 SH SOLE 110700 0 0 CEREVEL THERAPEUTICS HLDNG I COM 15678U128 2128480 50200 SH Put SOLE 50200 0 0 CETUS CAP ACQUISITION CORP RIGHT 03/31/2024 15719Y121 873 4999 SH SOLE 4999 0 0 CETUS CAP ACQUISITION CORP CLASS A COM 15719Y105 52500 5000 SH SOLE 5000 0 0 CETUS CAP ACQUISITION CORP *W EXP 01/31/202 15719Y113 72 5000 SH SOLE 5000 0 0 CLENE INC COMMON STOCK 185634102 3411 11500 SH SOLE 11500 0 0 CORTEVA INC COM 22052L104 2779360 58000 SH SOLE 58000 0 0 CYTOKINETICS INC COM NEW 23282W605 7687926 92082 SH SOLE 92082 0 0 CYTOKINETICS INC COM NEW 23282W605 6111468 73200 SH Call SOLE 73200 0 0 CYTOKINETICS INC COM NEW 23282W605 292215 3500 SH Put SOLE 3500 0 0 DELCATH SYS INC COM NEW 24661P807 962216 231302 SH SOLE 231302 0 0 DESIGN THERAPEUTICS INC COM 25056L103 5300 2000 SH SOLE 2000 0 0 DIANTHUS THERAPEUTICS INC COM 252828108 5002 481 SH SOLE 481 0 0 ECD AUTOMOTIVE DESIGN INC *W EXP 12/12/202 27877D112 1304 32596 SH SOLE 32596 0 0 EMBRACE CHANGE ACQUISITN COR RIGHT 10/25/2026 G3034H141 2718 18000 SH SOLE 18000 0 0 EMBRACE CHANGE ACQUISITN COR *W EXP 10/25/202 G3034H125 234 18000 SH SOLE 18000 0 0 ENDEAVOR GROUP HLDGS INC CL A COM 29260Y109 59325 2500 SH SOLE 2500 0 0 EQUILLIUM INC COM 29446K106 4700 6500 SH SOLE 6500 0 0 EYEPOINT PHARMACEUTICALS INC COM NEW 30233G209 18488 800 SH Put SOLE 800 0 0 FEUTUNE LIGHT ACQUISITION CO RIGHT 06/01/2029 31561T128 1275 15000 SH SOLE 15000 0 0 FEUTUNE LIGHT ACQUISITION CO CL A COM 31561T102 162150 15000 SH SOLE 15000 0 0 FEUTUNE LIGHT ACQUISITION CO *W EXP 06/01/202 31561T110 180 15000 SH SOLE 15000 0 0 FOUR LEAF ACQUISITION CORP COM CL A 35088F107 105200 10000 SH SOLE 10000 0 0 FOUR LEAF ACQUISITION CORP *W EXP 03/15/202 35088F115 285 9487 SH SOLE 9487 0 0 FULCRUM THERAPEUTICS INC COM 359616109 4302484 637405 SH SOLE 637405 0 0 FUTURETECH II ACQUISITION CO *W EXP 08/18/202 36119D111 447 30000 SH SOLE 30000 0 0 GERON CORP COM 374163103 36492 17295 SH SOLE 17295 0 0 GLOBAL STAR ACQUISITION INC RIGHT 06/21/2024 37962G128 12764 118400 SH SOLE 118400 0 0 GLOBAL STAR ACQUISITION INC CLASS A COM 37962G102 848000 80000 SH SOLE 80000 0 0 GLOBAL STAR ACQUISITION INC *W EXP 07/15/202 37962G110 1200 120000 SH SOLE 120000 0 0 GORES HOLDINGS IX INC CLASS A COM 38287A101 315452 30043 SH SOLE 30043 0 0 GOSSAMER BIO INC COM 38341P102 650638 713028 SH SOLE 713028 0 0 GREENLIGHT CAPITAL RE LTD CLASS A G4095J109 388554 34024 SH SOLE 34024 0 0 HOMOLOGY MEDICINES INC COM 438083107 178555 293676 SH SOLE 293676 0 0 HOWARD HUGHES HOLDINGS INC COM 44267T102 256650 3000 SH SOLE 3000 0 0 IMMATICS N.V SHS N44445109 231660 22000 SH SOLE 22000 0 0 IMMUNOGEN INC COM 45253H101 1908126 64355 SH SOLE 64355 0 0 IMMUNOGEN INC COM 45253H101 59300 2000 SH Call SOLE 2000 0 0 IMMUNOVANT INC COM 45258J102 5650686 134125 SH SOLE 134125 0 0 INDIVIOR PLC ORD G4766E116 368022 24101 SH SOLE 24101 0 0 IOVANCE BIOTHERAPEUTICS INC COM 462260100 40650 5000 SH SOLE 5000 0 0 IRON HORSE ACQUISITIONS CORP UNIT 10/15/2028 462837204 251000 25000 SH SOLE 25000 0 0 ISHARES TR SHORT TREAS BD 464288679 2698185 24500 SH SOLE 24500 0 0 ISHARES TR US TREAS BD ETF 46429B267 460800 20000 SH SOLE 20000 0 0 ISHARES TR 1 3 YR TREAS BD 464287457 1230600 15000 SH SOLE 15000 0 0 J P MORGAN EXCHANGE TRADED F ULTRA SHRT INC 46641Q837 2461270 49000 SH SOLE 49000 0 0 KARUNA THERAPEUTICS INC COM 48576A100 3165100 10000 SH SOLE 10000 0 0 KEEN VISION ACQUISITION CORP UNIT 99/99/9999 G52443101 777000 75000 SH SOLE 75000 0 0 KENSINGTON CAPITAL ACQUISITI SHS CL A G5251K103 96210 9000 SH SOLE 9000 0 0 KENVUE INC COM 49177J102 1147398 53293 SH SOLE 53293 0 0 KEROS THERAPEUTICS INC COM 492327101 27367444 688316 SH SOLE 688316 0 0 KINIKSA PHARMACEUTICALS LTD COM CL A G5269C101 1841700 105000 SH SOLE 105000 0 0 KOHLS CORP COM 500255104 57360 2000 SH SOLE 2000 0 0 KRANESHARES TR CSI CHI INTERNET 500767306 54000 2000 SH SOLE 2000 0 0 LEXARIA BIOSCIENCE CORP COM NEW 52886N406 2032 1626 SH SOLE 1626 0 0 LONGBOARD PHARMACEUTICALS IN COM 54300N103 4824 800 SH SOLE 800 0 0 MADRIGAL PHARMACEUTICALS INC COM 558868105 115690 500 SH Put SOLE 500 0 0 MAGNACHIP SEMICONDUCTOR CORP COM 55933J203 52500 7000 SH SOLE 7000 0 0 MASIMO CORP COM 574795100 6798 58 SH SOLE 58 0 0 MERCK & CO INC COM 58933Y105 5887080 54000 SH SOLE 54000 0 0 MERRIMACK PHARMACEUTICALS IN COM NEW 590328209 7367695 549418 SH SOLE 549418 0 0 MERUS N V COM N5749R100 660000 24000 SH SOLE 24000 0 0 MIRATI THERAPEUTICS INC COM 60468T105 6345000 108000 SH SOLE 108000 0 0 MITEK SYS INC COM NEW 606710200 99104 7600 SH SOLE 7600 0 0 NCR ATLEOS CORPORATION COM SHS 63001N106 24290 1000 SH SOLE 1000 0 0 NCR VOYIX CORPORATION COM 62886E108 33820 2000 SH SOLE 2000 0 0 NEUROGENE INC COM 64135M105 104749 5405 SH SOLE 5405 0 0 NEWAMSTERDAM PHARMA COMPANY *W EXP 11/22/202 N62509117 259342 82857 SH SOLE 82857 0 0 NEXTCURE INC COM 65343E108 68872 60414 SH SOLE 60414 0 0 NOVO-NORDISK A S ADR 670100205 656908 6350 SH SOLE 6350 0 0 NUBIA BRAND INTERNATIONAL CO *W EXP 11/16/202 67022R111 634 13500 SH SOLE 13500 0 0 OAK WOODS ACQUISITION CORP RIGHT 03/23/2028 67190B120 4500 30000 SH SOLE 30000 0 0 OAK WOODS ACQUISITION CORP CL A 67190B104 315900 30000 SH SOLE 30000 0 0 OAK WOODS ACQUISITION CORP *W EXP 03/23/202 67190B112 780 30000 SH SOLE 30000 0 0 OMNIAB INC COM 68218J103 2950315 478171 SH SOLE 478171 0 0 ORCHARD THERAPEUTICS PLC SPON ADS NEW 68570P200 1046582 63622 SH SOLE 63622 0 0 OVID THERAPEUTICS INC COM 690469101 42652 13246 SH SOLE 13246 0 0 PERSPECTIVE THERAPEUTICS INC COM 46489V104 16964 42200 SH SOLE 42200 0 0 PFIZER INC COM 717081103 500946 17400 SH SOLE 17400 0 0 PFIZER INC COM 717081103 1237970 43000 SH Call SOLE 43000 0 0 PGIM ETF TR PGIM ULTRA SH BD 69344A107 493900 10000 SH SOLE 10000 0 0 PONO CAP TWO INC *W EXP 07/31/202 73245B115 558 19800 SH SOLE 19800 0 0 PROTAGONIST THERAPEUTICS INC COM 74366E102 4605697 200859 SH SOLE 200859 0 0 PROTARA THERAPEUTICS INC COM STK 74365U107 4114 2194 SH SOLE 2194 0 0 PROTHENA CORP PLC SHS G72800108 221747 6102 SH SOLE 6102 0 0 RAFAEL HLDGS INC COM CL B 75062E106 4326 2364 SH SOLE 2364 0 0 RAPT THERAPEUTICS INC COM 75382E109 186375 7500 SH Put SOLE 7500 0 0 RELMADA THERAPEUTICS INC COM 75955J402 242608 58601 SH SOLE 58601 0 0 RENEO PHARMACEUTICALS INC COM 75974E103 64000 40000 SH SOLE 40000 0 0 REVIVA PHARMACEUTCLS HLDGS I COM 76152G100 12875 2500 SH Put SOLE 2500 0 0 REVOLUTION MEDICINES INC COM 76155X100 11472 400 SH SOLE 400 0 0 RHYTHM PHARMACEUTICALS INC COM 76243J105 45970 1000 SH Call SOLE 1000 0 0 ROIVANT SCIENCES LTD SHS G76279101 14111517 1256591 SH SOLE 1256591 0 0 ROIVANT SCIENCES LTD SHS G76279101 44920 4000 SH Call SOLE 4000 0 0 ROYALTY PHARMA PLC SHS CLASS A G7709Q104 37130317 1321834 SH SOLE 1321834 0 0 SAREPTA THERAPEUTICS INC COM 803607100 777419 8062 SH SOLE 8062 0 0 SCHRODINGER INC COM 80810D103 71600 2000 SH SOLE 2000 0 0 SCREAMING EAGLE ACQUISITN CO CLASS A ORD SHS G79407105 318000 30000 SH SOLE 30000 0 0 SILENCE THERAPEUTICS PLC ADS 82686Q101 3300 190 SH SOLE 190 0 0 SOLENO THERAPEUTICS INC COM 834203309 44275 1100 SH Put SOLE 1100 0 0 SOLID BIOSCIENCES INC COM NEW 83422E204 6140 1000 SH SOLE 1000 0 0 SPDR SER TR BLOOMBERG 1-3 MO 78468R663 2924480 32000 SH SOLE 32000 0 0 SPERO THERAPEUTICS INC COM 84833T103 1569535 1067711 SH SOLE 1067711 0 0 SPYRE THERAPEUTICS INC COM NEW 00773J202 138589 6440 SH SOLE 6440 0 0 SSGA ACTIVE ETF TR ULT SHT TRM BD 78467V707 2473840 61264 SH SOLE 61264 0 0 STEEL PARTNERS HLDGS L P LTD PRTRSHIP U 85814R107 13640 341 SH SOLE 341 0 0 STRUCTURE THERAPEUTICS INC SPONSORED ADS 86366E106 163040 4000 SH SOLE 4000 0 0 TARO PHARMACEUTICAL INDS LTD SHS M8737E108 8356 200 SH SOLE 200 0 0 TAYSHA GENE THERAPIES INC COM SHS 877619106 369930 209000 SH SOLE 209000 0 0 TENET HEALTHCARE CORP COM NEW 88033G407 151140 2000 SH SOLE 2000 0 0 TERNS PHARMACEUTICALS INC COM 880881107 84415 13007 SH SOLE 13007 0 0 TEVA PHARMACEUTICAL INDS LTD SPONSORED ADS 881624209 1162243 111326 SH SOLE 111326 0 0 THERAPEUTICSMD INC COM NEW 88338N206 612360 272160 SH SOLE 272160 0 0 THESEUS PHARMACEUTICALS INC COM 88369M101 707596 174715 SH SOLE 174715 0 0 TMT ACQUISITION CORP SHS G89229119 530000 50000 SH SOLE 50000 0 0 TMT ACQUISITION CORP RIGHT 03/27/2028 G89229135 10858 49900 SH SOLE 49900 0 0 TRAVERE THERAPEUTICS INC COM 89422G107 899 100 SH SOLE 100 0 0 UNITED THERAPEUTICS CORP DEL COM 91307C102 1759120 8000 SH SOLE 8000 0 0 VANECK ETF TRUST GOLD MINERS ETF 92189F106 93030 3000 SH SOLE 3000 0 0 VANGUARD BD INDEX FDS VANGUARD ULTRA 92203C303 2482180 50206 SH SOLE 50206 0 0 VAXCYTE INC COM 92243G108 6280 100 SH SOLE 100 0 0 VENTYX BIOSCIENCES INC COM 92332V107 32110 13000 SH SOLE 13000 0 0 VERU INC COM 92536C103 360000 500000 SH SOLE 500000 0 0 VIKING THERAPEUTICS INC COM 92686J106 4729750 254151 SH SOLE 254151 0 0 VISTAGEN THERAPEUTICS INC COM 92840H400 1261880 245502 SH SOLE 245502 0 0 VOYAGER THERAPEUTICS INC COM 92915B106 1568945 185894 SH SOLE 185894 0 0 WISDOMTREE TR FLOATNG RAT TREA 97717Y527 2813440 56000 SH SOLE 56000 0 0 Y-MABS THERAPEUTICS INC COM 984241109 88967 13045 SH SOLE 13045 0 0 ZAI LAB LTD ADR 98887Q104 546600 20000 SH SOLE 20000 0 0