X0202 SCHEDULE 13D/A 0001845711 XXXXXXXX LIVE 2 Class A Common Stock 07/22/2026 false 0001956439 29333R107 Enhanced Group Inc.

169 Madison Ave Suite 15101 New York NY 10016

Sanad Abushala 356 9960 9158 Centris Business Gateway - Level 0/C Triq is-Salib tal-Imriehel Birkirkara O1 CBD 3020 0001845711 N Apeiron Investment Group Ltd. OO N O1 0 35945876 0 35945876 35945876 N 26.6 CO 0002132854 N Enhanced Holdings LP OO N E9 0 35945876 0 35945876 35945876 N 26.6 PN Y Enhanced Holdings GP OO N E9 0 35945876 0 35945876 35945876 N 26.6 PN 0001845872 N Christian Angermayer OO N 2M 0 35945876 0 35945876 35945876 N 26.6 IN Class A Common Stock Enhanced Group Inc. 169 Madison Ave Suite 15101 New York NY 10016 This Amendment No. 2 to Schedule 13D amends and supplements the statement on Schedule 13D originally filed with the United States Securities and Exchange Commission on May 14, 2026 (as amended, the "Schedule 13D"), relating to the Class A Common Stock. Capitalized terms used herein without definition shall have the meaning set forth in the Schedule 13D. Item 4 of the Schedule 13D is hereby amended and supplemented as follows: Purchase Agreement Closing On July 22, 2026, the first tranche of the previously disclosed Purchase Agreement closed. As a result, Apeiron received 3,020,565 shares of Class A Common Stock and accompanying Warrants. Item 5 of the Schedule 13D is hereby amended and restated in its entirety as follows: The information contained on the cover pages to this Schedule 13D is incorporated herein by reference. The securities reported herein include (i) 32,712,812 shares of Class A Common Stock and (ii) 3,233,064 shares of Class A Common Stock underlying warrants, which are currently exercisable. The ownership percentage set forth herein is based on 131,677,754 shares of Class A Common Stock outstanding as disclosed by the Issuer. The information herein excludes 258,837,933 shares of Class B Common Stock held by the Reporting Persons. The information contained on the cover pages is incorporated by reference to this Item 5. The securities reported herein are held of record by Apeiron Investment Group Limited, as nominee for Enhanced Holdings LP. Christian Angermayer is the sole voting shareholder of Apeiron Investment Group Ltd., which is the sole shareholder of Enhanced Holdings GP, which is the general partner of Enhanced Holdings LP. As a result, each of the foregoing entities and Mr. Angermayer may be deemed to share beneficial ownership over the securities reported herein. Mr. Angermayer disclaims beneficial ownership of such securities. Except as described in Item 4, none of the Reporting Persons has effected any transactions in the Class A Common Stock since Amendment No. 1. None. Not applicable. Apeiron Investment Group Ltd. /s/ Sanad Abushala 07/24/2026 Enhanced Holdings LP By: Enhanced Holdings GP, its general partner, By: Apeiron Investment Group Ltd., By: /s/ Sanad Abushala 07/24/2026 Enhanced Holdings GP By: Apeiron Investment Group Ltd., its sole stockholder, By: /s/ Sanad Abushala 07/24/2026 Christian Angermayer /s/ Christian Angermayer 07/24/2026