<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13g" xmlns:com="http://www.sec.gov/edgar/common">
  <schemaVersion>X0202</schemaVersion>
<headerData>
    <submissionType>SCHEDULE 13G</submissionType>
    <filerInfo>
      <filer>
        <filerCredentials>
          <cik>0002103370</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
  </headerData>
  <formData>
    <coverPageHeader>
      <securitiesClassTitle>Common Stock, par value $.001 per share</securitiesClassTitle>
      <eventDateRequiresFilingThisStatement>06/22/2026</eventDateRequiresFilingThisStatement>
      <issuerInfo>
        <issuerCik>0000812796</issuerCik>
        <issuerName>SOLIGENIX, INC.</issuerName>
        <issuerCusips>
          <issuerCusipNumber>834223604</issuerCusipNumber>
        </issuerCusips>
        <issuerPrincipalExecutiveOfficeAddress>
          <com:street1>29 EMMONS DRIVE</com:street1>
          <com:street2>SUITE B-10</com:street2>
          <com:city>PRINCETON</com:city>
          <com:stateOrCountry>NJ</com:stateOrCountry>
          <com:zipCode>08540</com:zipCode>
        </issuerPrincipalExecutiveOfficeAddress>
      </issuerInfo>
      <designateRulesPursuantThisScheduleFiled>
        <designateRulePursuantThisScheduleFiled>Rule 13d-1(c)</designateRulePursuantThisScheduleFiled>
      </designateRulesPursuantThisScheduleFiled>
    </coverPageHeader>
    <coverPageHeaderReportingPersonDetails>

      <reportingPersonName>MJL Manager LLC</reportingPersonName>
      <memberGroup>b</memberGroup>
      <citizenshipOrOrganization>X1</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0.00</soleVotingPower>
        <sharedVotingPower>893588.00</sharedVotingPower>
        <soleDispositivePower>0.00</soleDispositivePower>
        <sharedDispositivePower>893588.00</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>893588.00</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <classPercent>5.2</classPercent>
      <typeOfReportingPerson>IA</typeOfReportingPerson>
      <comments>MJL Manager LLC ("MJL") is the general partner of Capuchin Capital Fund LP. MJL also manages discretionary accounts with authority to direct voting and disposition of shares.</comments>
    </coverPageHeaderReportingPersonDetails>
    <coverPageHeaderReportingPersonDetails>

      <reportingPersonName>Michael Liu</reportingPersonName>
      <memberGroup>b</memberGroup>
      <citizenshipOrOrganization>X1</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>90000.00</soleVotingPower>
        <sharedVotingPower>893588.00</sharedVotingPower>
        <soleDispositivePower>90000.00</soleDispositivePower>
        <sharedDispositivePower>893588.00</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>983588.00</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <classPercent>5.7</classPercent>
      <typeOfReportingPerson>IN</typeOfReportingPerson>
      <comments>Michael Liu is the sole control person of MJL and, in such capacity, has the authority to direct the voting and disposition of the shares held in discretionary accounts managed by MJL, including Capuchin Capital Fund LP. The reporting of shared power by the reporting persons shall not be construed as an admission that they are the beneficial owner of shares beneficially owned by the other, and each expressly disclaims beneficial ownership except to the extent of such person's actual pecuniary interest therein.</comments>
    </coverPageHeaderReportingPersonDetails>
    <coverPageHeaderReportingPersonDetails>

      <reportingPersonName>Capuchin Capital Fund LP</reportingPersonName>
      <memberGroup>b</memberGroup>
      <citizenshipOrOrganization>X1</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0.00</soleVotingPower>
        <sharedVotingPower>539737.00</sharedVotingPower>
        <soleDispositivePower>0.00</soleDispositivePower>
        <sharedDispositivePower>539737.00</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>539737.00</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <classPercent>3.1</classPercent>
      <typeOfReportingPerson>PN</typeOfReportingPerson>
    </coverPageHeaderReportingPersonDetails>
    <items>
      <item1>
        <issuerName>SOLIGENIX, INC.</issuerName>
        <issuerPrincipalExecutiveOfficeAddress>29 EMMONS DRIVE, SUITE B-10, PRINCETON, NEW JERSEY, 08540</issuerPrincipalExecutiveOfficeAddress>
      </item1>
      <item2>
        <filingPersonName>MJL Manager LLC
Michael Liu
Capuchin Capital Fund LP</filingPersonName>
        <principalBusinessOfficeOrResidenceAddress>12 Manley Road, Pennington NJ 08534</principalBusinessOfficeOrResidenceAddress>
        <citizenship>MJL Manager LLC - New Jersey
Michael Liu - USA
Capuchin Capital Fund LP - Delaware</citizenship>
      </item2>
      <item3>
        <notApplicableFlag>Y</notApplicableFlag>
      </item3>
      <item4>
        <amountBeneficiallyOwned>MJL Manager LLC - 893,588
Michael Liu - 983588
Capuchin Capital Fund LP - 539,737</amountBeneficiallyOwned>
        <classPercent>MJL Manager LLC - 5.2%
Michael Liu - 5.7%
Capuchin Capital Fund LP - 3.1%</classPercent>
        <numberOfSharesPersonHas>
          <solePowerOrDirectToVote>MJL Manager LLC - 0
Michael Liu - 90,000
Capuchin Capital Fund LP - 0</solePowerOrDirectToVote>
          <sharedPowerOrDirectToVote>MJL Manager LLC - 893,588
Michael Liu - 893,588
Capuchin Capital Fund LP - 539,737
</sharedPowerOrDirectToVote>
          <solePowerOrDirectToDispose>MJL Manager LLC - 0
Michael Liu - 90,000
Capuchin Capital Fund LP - 0</solePowerOrDirectToDispose>
          <sharedPowerOrDirectToDispose>MJL Manager LLC - 893,588
Michael Liu - 893,588
Capuchin Capital Fund LP - 539,737
</sharedPowerOrDirectToDispose>
        </numberOfSharesPersonHas>
      </item4>
      <item5>
        <notApplicableFlag>Y</notApplicableFlag>
        <classOwnership5PercentOrLess>N</classOwnership5PercentOrLess>
      </item5>
      <item6>
        <notApplicableFlag>Y</notApplicableFlag>
      </item6>
      <item7>
        <notApplicableFlag>Y</notApplicableFlag>
      </item7>
      <item8>
        <notApplicableFlag>N</notApplicableFlag>
        <identificationAndClassificationOfGroupMembers>See Item 2(a) in lieu of an Exhibit.</identificationAndClassificationOfGroupMembers>
      </item8>
      <item9>
        <notApplicableFlag>Y</notApplicableFlag>
      </item9>
      <item10>
        <notApplicableFlag>N</notApplicableFlag>
        <certifications>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 &amp;#167; 240.14a-11.

</certifications>
      </item10>
    </items>
    <exhibitInfo>Exhibit I - JOINT FILING STATEMENT</exhibitInfo>
    <signatureInformation>
      <reportingPersonName>MJL Manager LLC</reportingPersonName>
      <signatureDetails>
        <signature>Michael Liu</signature>
        <title>Managing Member</title>
        <date>06/25/2026</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>Michael Liu</reportingPersonName>
      <signatureDetails>
        <signature>Michael Liu</signature>
        <title>Individual</title>
        <date>06/25/2026</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>Capuchin Capital Fund LP</reportingPersonName>
      <signatureDetails>
        <signature>Michael Liu</signature>
        <title>Managing Member</title>
        <date>06/25/2026</date>
      </signatureDetails>
    </signatureInformation>
  </formData>

</edgarSubmission>
