SCHEDULE 13G 0001250077 XXXXXXXX LIVE Class A Ordinary Shares, par value $0.0001 per share 01/06/2026 0002017526 Perceptive Capital Solutions Corp G70077105 51 Astor Place, 10th Floor New York NY 10003 Rule 13d-1(c) CRCM INSTITUTIONAL MASTER FUND (BVI), LTD. D8 0 700000 0 700000 700000 N 7.9 OO Note to Row 6: Based on 8,911,250 Class A Ordinary Shares outstanding as of November 12, 2025 reported in the issuer's Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2025, filed with the Securities and Exchange Commission on November 13, 2025. CRCM LP DE 0 716645 0 716645 716645 N 8 IA Note to Row 6: Based on 8,911,250 Class A Ordinary Shares outstanding as of November 12, 2025 reported in the issuer's Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2025, filed with the Securities and Exchange Commission on November 13, 2025. CRCM LLC DE 0 716645 0 716645 716645 N 8 OO Note to Row 6: Based on 8,911,250 Class A Ordinary Shares outstanding as of November 12, 2025 reported in the issuer's Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2025, filed with the Securities and Exchange Commission on November 13, 2025. Chun R. Ding U7 0 716645 0 716645 716645 N 8 IN Note to Row 6: Based on 8,911,250 Class A Ordinary Shares outstanding as of November 12, 2025 reported in the issuer's Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2025, filed with the Securities and Exchange Commission on November 13, 2025. Perceptive Capital Solutions Corp 51 Astor Place, 10th Floor, New York, New York, 10003 (i) CRCM Institutional Master Fund (BVI), Ltd., a British Virgin Islands limited company ("CRCM Master Fund"); (ii) CRCM LP, a Delaware limited partnership and the investment manager ("Investment Manager") of CRCM Master Fund and separately managed account clients (the "Managed Accounts"); (iii) CRCM LLC, a Delaware limited liability company and the general partner (the "General Partner") of the Investment Manager, with respect to the shares held by the CRCM Master Fund and the Managed Accounts; and (iv) Chun R. Ding ("Ding"), a citizen of St. Kits and Nevis and the managing partner of the Investment Manager, the manager of the General Partner, with respect to the shares held by the CRCM Master Fund and the Managed Accounts. The address of the principal business of (i) CRCM Master Fund (c/o CRCM) is 475 Sansome Street, Suite 730, San Francisco, CA 94111; (ii-iv) the Investment Manager, the General Partner, and Mr. Ding (c/o CRCM) is 475 Sansome Street, Suite 730, San Francisco, CA 94111. The citizenship of each Reporting Person is set forth above. Y The information required by Items 4(a) - (c) is set forth in Rows 5 through 11 of the cover page for each Reporting Person is incorporated herein by reference for each such Reporting Person. The Class A Ordinary Shares reported hereby for the CRCM Master Fund are owned directly by the fund. The Investment Manager, as investment manager of the CRCM Master Fund and the Managed Accounts, may be deemed to be the beneficial owner of all such shares owned by the CRCM Master Fund and the Managed Accounts. The General Partner, as general partner of the Investment Manager, may be deemed to be the beneficial owner of all of such shares owned by the CRCM Master Fund and the Managed Accounts. Mr. Ding, as managing partner of the Investment Manager, and manager of the General Partner with the power to exercise investment discretion, may be deemed to be the beneficial owner of all such shares owned by the CRCM Master Fund and the Managed Accounts. Each of the Investment Manager, the General Partner and Mr. Ding hereby disclaims any beneficial ownership of any such shares. The information required by Items 4(a) - (c) is set forth in Rows 5 through 11 of the cover page for each Reporting Person is incorporated herein by reference for each such Reporting Person. The information required by Items 4(a) - (c) is set forth in Rows 5 through 11 of the cover page for each Reporting Person is incorporated herein by reference for each such Reporting Person. The information required by Items 4(a) - (c) is set forth in Rows 5 through 11 of the cover page for each Reporting Person is incorporated herein by reference for each such Reporting Person. The information required by Items 4(a) - (c) is set forth in Rows 5 through 11 of the cover page for each Reporting Person is incorporated herein by reference for each such Reporting Person. Y Y Y Y Y N 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 1 -- Joint Acquisition Statement Pursuant to Section 240.13d-1(k) CRCM INSTITUTIONAL MASTER FUND (BVI), LTD. /s/ Chun R. Ding 01/13/2026 CRCM LP /s/ Chun R. Ding 01/13/2026 CRCM LLC /s/ Chun R. Ding 01/13/2026 Chun R. Ding /s/ Chun R. Ding 01/13/2026