SCHEDULE 13G/A 0001104659-24-119082 0001940272 XXXXXXXX LIVE 1 Class A Ordinary Shares, par value $0.0001 per share 12/31/2025 0002017526 Perceptive Capital Solutions Corp G70077105 51 Astor Place 10th Floor New York NY 10003 Rule 13d-1(b) ADAR1 Capital Management, LLC b TX 0.00 456720.00 0.00 456720.00 456720.00 N 5.1 IA OO Includes (i) 402,925 Class A ordinary shares, par value $0.0001 per share ("Class A Ordinary Shares") held by ADAR1 Partners, LP, and (ii) 53,795 Class A Ordinary Shares held by Spearhead Insurance Solutions IDF, LLC as of December 31, 2025. As the investment manager of ADAR1 Partners, LP and as the sub-advisor of Spearhead Insurance Solutions IDF, LLC, ADAR1 Capital Management, LLC may be deemed to indirectly beneficially own securities held by ADAR1 Partners, LP and Spearhead Insurance Solutions IDF, LLC. Based on 8,911,250 Class A Ordinary Shares of Perceptive Capital Solutions Corp (the "Issuer") 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. ADAR1 Capital Management GP, LLC b TX 0.00 402925.00 0.00 402925.00 402925.00 N 4.5 OO Includes 402,925 Class A Ordinary Shares directly held by ADAR1 Partners, LP as of December 31, 2025. As the general partner of ADAR1 Partners, LP, ADAR1 Capital Management GP, LLC may be deemed to indirectly beneficially own securities held by ADAR1 Partners, LP. Based on 8,911,250 Class A Ordinary Shares of Perceptive Capital Solutions Corp (the "Issuer") 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. Daniel Schneeberger b V8 0.00 456720.00 0.00 456720.00 456720.00 N 5.1 HC IN Includes (i) 402,925 Class A ordinary shares, par value $0.0001 per share ("Class A Ordinary Shares") held by ADAR1 Partners, LP, and (ii) 53,795 Class A Ordinary Shares held by Spearhead Insurance Solutions IDF, LLC as of December 31, 2025. As the manager of ADAR1 Capital Management, LLC and ADAR1 Capital Management GP, LLC, Mr. Schneeberger may be deemed to indirectly beneficially own securities held by ADAR1 Partners, LP and Spearhead Insurance Solutions IDF, LLC. Based on 8,911,250 Class A Ordinary Shares of Perceptive Capital Solutions Corp (the "Issuer") 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, NY 10003 This Schedule is being filed on behalf of each of the following persons (each, a "Reporting Person" and collectively, the "Reporting Persons"): (i) ADAR1 Capital Management, LLC ("ADAR1 Capital Management"); (ii) ADAR1 Capital Management GP, LLC ("ADAR1 General Partner"); and (iii) Daniel Schneeberger ("Mr. Schneeberger"). Pursuant to item 5 below, this filing is an exit filing solely for ADAR1 General Partner. The address of the principal business office of each of the Reporting Persons is 3503 Wild Cherry Drive, Building 9, Austin, Texas 78738. (i) ADAR1 Capital Management is a Texas limited liability company; (ii) ADAR1 General Partner is a Texas limited liability company; and (iii) Mr. Schneeberger is a citizen of Switzerland. N IA HC The information contained on the cover pages of this Schedule 13G is incorporated herein by reference. The information contained on the cover pages of this Schedule 13G is incorporated herein by reference. The information contained on the cover pages of this Schedule 13G is incorporated herein by reference. The information contained on the cover pages of this Schedule 13G is incorporated herein by reference. The information contained on the cover pages of this Schedule 13G is incorporated herein by reference. The information contained on the cover pages of this Schedule 13G is incorporated herein by reference. N Y Y N Mr. Schneeberger is filing this Schedule 13G as a control person in respect of shares beneficially owned by ADAR1 Capital Management, an investment adviser as described in SS 240.13d-1(b)(1)(ii)(E). 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. ADAR1 Capital Management, LLC /s/ Daniel Schneeberger 02/17/2026 ADAR1 Capital Management GP, LLC /s/ Daniel Schneeberger 02/17/2026 Daniel Schneeberger /s/ Daniel Schneeberger 02/17/2026