{"url":"https://nivawealth.com/firms/nantahala-capital-management-158081","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/158081","regulatoryAum":3114082769,"crd":"158081","history":[{"filedOn":"2021-03-31","regulatoryAum":4181605982,"clients":11,"employees":19,"offices":1},{"filedOn":"2022-07-01","regulatoryAum":3539081537,"clients":13,"employees":17,"offices":1},{"filedOn":"2023-06-14","regulatoryAum":2470541928,"clients":13,"employees":16,"offices":1},{"filedOn":"2024-05-29","regulatoryAum":2283111910,"clients":11,"employees":14,"offices":1},{"filedOn":"2025-03-31","regulatoryAum":2345132702,"clients":12,"employees":15,"offices":1},{"filedOn":"2026-09-14","regulatoryAum":3114082769,"clients":11,"employees":14,"offices":1}],"secFileNumber":"801-72481","legalName":"Nantahala Capital Management, LLC","displayName":"Nantahala Capital Management","slug":"nantahala-capital-management-158081","website":"https://nantahalapartners.com/","logo":{"src":"https://rmkhnxnbeclogprvkfyl.supabase.co/storage/v1/object/public/firm-logos/158081/c090289fea0aadec-r1.webp","tone":"light","width":1192,"height":200,"sourceUrl":"https://www.nantahalapartners.com/","sourceLabel":"Nantahala Capital Management, LLC, website"},"classification":{"segment":"private_funds","segmentLabel":"Private funds","type":"private_fund_manager","typeLabel":null,"feeDisclosure":"payment_only"},"founded":null,"organization":"Massachusetts limited liability company","fiscalYearEnd":"December","headquarters":{"street":"130 Main St., 2nd Floor","city":"New Canaan","state":"CT","stateName":"Connecticut","country":"United States","postalCode":"06840"},"tradeNames":[],"registration":{"secApproved":"24 June 2011","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":null,"staff":{"employees":14,"advisory":6,"brokerDealerReps":0,"insuranceAgents":0,"promoters":1},"aum":{"regulatory":3114082769,"discretionary":3114082769,"discretionaryAccounts":11,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":27,"nonAumClients":0},"clientTypes":[{"label":"Pooled investment vehicles","clients":10,"regulatoryAum":3114000470},{"label":"Charitable organizations","clients":1,"fewerThan5":true,"regulatoryAum":82299}],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[{"name":"Northern Trust Securities, Inc.","shortName":"Northern Trust Securities","location":"Chicago, IL","smaAssets":82299}],"custodyNote":"Nantahala Capital Management has custody of $417M in client assets for 3 clients.","leadership":[{"name":"Qianqian Zhong","title":"Chief Financial Officer","crd":"6937485"},{"name":"Demetrios (Taki) Vasilakis","title":"Chief Compliance Officer","crd":"2849377"},{"name":"Jonathan Buba","title":"Member","crd":"6736715"},{"name":"Wilmot Harkey","title":"Managing Member","crd":"5934828"},{"name":"Daniel Mack","title":"Managing Member","crd":"5934829"}],"ownership":[{"label":"Wilmot Harkey","detail":"Managing member in the 25% to 50% ownership band and a control person, since May 2004."},{"label":"Daniel Mack","detail":"Managing member in the 25% to 50% ownership band and a control person, since July 2007."},{"label":"Jonathan Buba","detail":"Member in the 10% to 25% ownership band and a control person, since November 2016."}],"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Connecticut","offices":1,"addresses":[{"street":"130 Main St., 2nd Floor","city":"New Canaan","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"203-909-6430","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Performance-based fees"],"activities":["Portfolio management for pooled investment vehicles (other than investment companies)"],"financialPlanningClients":null,"assetMix":[{"label":"Non-exchange-traded equity securities","percent":100}],"privateFunds":3},"sources":{"adv1FilingDate":"14 September 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/158081/PDF/158081.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-21","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Nantahala Capital Management have?","answer":"Nantahala Capital Management has 11 clients and manages $3.11 billion for them, as of September 2026. They include 10 pooled investment vehicles and 1 charitable organization.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 14 September 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Nantahala Capital Management offer?","answer":"Nantahala Capital Management provides portfolio management for pooled vehicles.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Nantahala Capital Management use?","answer":"Nantahala Capital Management’s separately managed account assets are held at Northern Trust Securities, Inc. (Chicago, IL), with $82.3K. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 14 September 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Nantahala Capital Management have?","answer":"Nantahala Capital Management has 0 investment adviser representatives registered with state securities authorities, out of 14 employees, and 6 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Nantahala Capital Management invest in?","answer":"At the end of its last fiscal year, Nantahala Capital Management’s separately managed accounts held 100% non-exchange-traded equities. It advises 3 private funds.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Nantahala Capital Management?","answer":"Nantahala Capital Management’s direct owners are Wilmot Harkey, Daniel Mack and Jonathan Buba, each holding 50% or less.","source":"Form ADV Part 1A, Schedules A and B, filed 14 September 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Nantahala Capital Management get paid?","answer":"Nantahala Capital Management is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Is Nantahala Capital Management registered with the SEC?","answer":"Yes, Nantahala Capital Management has been registered with the SEC as an investment adviser since 24 June 2011. Its CRD number is 158081 and its SEC file number is 801-72481.","source":"Form ADV Part 1A, Item 1, filed 14 September 2026; IAPD firm record","sourceRef":{"doc":"adv1","section":"identity"}},{"question":"How do I contact Nantahala Capital Management?","answer":"Nantahala Capital Management’s main office is at 130 Main St., 2nd Floor, New Canaan, CT 06840. Its phone number is 203-909-6430. Its website is nantahalapartners.com.","source":"Form ADV Part 1A, Item 1.F, filed 14 September 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":{"url":"https://nivawealth.com/firms/nantahala-capital-management-158081/holdings","form":"13F-HR","periodOfReport":"2026-06-30","filedOn":"2026-08-14","filingIndexUrl":"https://www.sec.gov/Archives/edgar/data/1472322/000110465926097253/0001104659-26-097253-index.html","totalValue":6018877944,"positionCount":155,"top10Share":0.41357406798412394,"top10":[{"issuer":"ISHARES TR","titleOfClass":"RUSSELL 2000 ETF","cusip":"464287655","value":1201800000,"shares":4000000,"shareType":"SH","putCall":"Put","priorValue":508400000,"priorShares":2050000},{"issuer":"PELOTON INTERACTIVE INC","titleOfClass":"CL A COM","cusip":"70614W100","value":194307798,"shares":32877800,"shareType":"SH","putCall":"Call","priorValue":76957881,"priorShares":17938900},{"issuer":"HERBALIFE LTD","titleOfClass":"COM SHS","cusip":"G4412G101","value":173580000,"shares":13200000,"shareType":"SH","putCall":"Call","priorValue":82432000,"priorShares":5600000},{"issuer":"VIATRIS INC","titleOfClass":"COM","cusip":"92556V106","value":158800000,"shares":10000000,"shareType":"SH","putCall":"Call","priorValue":67550000,"priorShares":5000000},{"issuer":"BANCORP INC DEL","titleOfClass":"COM","cusip":"05969A105","value":155333044,"shares":2479774,"shareType":"SH","priorValue":74171901,"priorShares":1380456},{"issuer":"EDWARDS LIFESCIENCES CORP","titleOfClass":"COM","cusip":"28176E108","value":144736000,"shares":1600000,"shareType":"SH","putCall":"Put","priorValue":64064000,"priorShares":800000},{"issuer":"SPDR SERIES TRUST","titleOfClass":"ST STR SP BIOT","cusip":"78464A870","value":126600000,"shares":800000,"shareType":"SH","putCall":"Put","priorValue":38319000,"priorShares":300000},{"issuer":"BIOVENTUS INC","titleOfClass":"COM CL A","cusip":"09075A108","value":113285268,"shares":12000558,"shareType":"SH","priorValue":55897539,"priorShares":6122403},{"issuer":"HILTON GRAND VACATIONS INC","titleOfClass":"COM","cusip":"43283X105","value":112595500,"shares":2150000,"shareType":"SH","putCall":"Call","priorValue":42054000,"priorShares":1075000},{"issuer":"HILTON GRAND VACATIONS INC","titleOfClass":"COM","cusip":"43283X105","value":108214226,"shares":2066340,"shareType":"SH","priorValue":59214223,"priorShares":1513656}],"positionsListed":155,"positions":[{"issuer":"ISHARES TR","titleOfClass":"RUSSELL 2000 ETF","cusip":"464287655","value":1201800000,"shares":4000000,"shareType":"SH","putCall":"Put","priorValue":508400000,"priorShares":2050000},{"issuer":"PELOTON INTERACTIVE INC","titleOfClass":"CL A COM","cusip":"70614W100","value":194307798,"shares":32877800,"shareType":"SH","putCall":"Call","priorValue":76957881,"priorShares":17938900},{"issuer":"HERBALIFE LTD","titleOfClass":"COM SHS","cusip":"G4412G101","value":173580000,"shares":13200000,"shareType":"SH","putCall":"Call","priorValue":82432000,"priorShares":5600000},{"issuer":"VIATRIS INC","titleOfClass":"COM","cusip":"92556V106","value":158800000,"shares":10000000,"shareType":"SH","putCall":"Call","priorValue":67550000,"priorShares":5000000},{"issuer":"BANCORP INC DEL","titleOfClass":"COM","cusip":"05969A105","value":155333044,"shares":2479774,"shareType":"SH","priorValue":74171901,"priorShares":1380456},{"issuer":"EDWARDS LIFESCIENCES CORP","titleOfClass":"COM","cusip":"28176E108","value":144736000,"shares":1600000,"shareType":"SH","putCall":"Put","priorValue":64064000,"priorShares":800000},{"issuer":"SPDR SERIES TRUST","titleOfClass":"ST STR SP BIOT","cusip":"78464A870","value":126600000,"shares":800000,"shareType":"SH","putCall":"Put","priorValue":38319000,"priorShares":300000},{"issuer":"BIOVENTUS INC","titleOfClass":"COM CL A","cusip":"09075A108","value":113285268,"shares":12000558,"shareType":"SH","priorValue":55897539,"priorShares":6122403},{"issuer":"HILTON GRAND VACATIONS INC","titleOfClass":"COM","cusip":"43283X105","value":112595500,"shares":2150000,"shareType":"SH","putCall":"Call","priorValue":42054000,"priorShares":1075000},{"issuer":"HILTON GRAND VACATIONS INC","titleOfClass":"COM","cusip":"43283X105","value":108214226,"shares":2066340,"shareType":"SH","priorValue":59214223,"priorShares":1513656},{"issuer":"SAVARA INC","titleOfClass":"COM","cusip":"805111101","value":85954300,"shares":13953620,"shareType":"SH","priorValue":40102515,"priorShares":7344783},{"issuer":"ETON PHARMACEUTICALS INC","titleOfClass":"COM","cusip":"29772L108","value":85138852,"shares":2351902,"shareType":"SH","priorValue":29022471,"priorShares":1175951},{"issuer":"AMNEAL PHARMACEUTICALS INC","titleOfClass":"COM STK CL A","cusip":"03168L105","value":78544160,"shares":4537502,"shareType":"SH","priorValue":35352262,"priorShares":2844108},{"issuer":"EVOLUS INC","titleOfClass":"COM","cusip":"30052C107","value":77756052,"shares":11204042,"shareType":"SH","priorValue":26208882,"priorShares":6376857},{"issuer":"ETF SER SOLUTIONS","titleOfClass":"DEFIA QUANT ETF","cusip":"26922A420","value":73759480,"shares":446000,"shareType":"SH","putCall":"Put"},{"issuer":"UNIQURE NV","titleOfClass":"SHS","cusip":"N90064101","value":73696000,"shares":1600000,"shareType":"SH","putCall":"Call","priorValue":42510000,"priorShares":2600000},{"issuer":"AVALO THERAPEUTICS INC","titleOfClass":"COM NEW","cusip":"05338F306","value":68828760,"shares":3724500,"shareType":"SH","priorValue":18438550,"priorShares":1235000},{"issuer":"LB PHARMACEUTICALS INC","titleOfClass":"COM SHS","cusip":"50180M108","value":68343350,"shares":2105788,"shareType":"SH","priorValue":25964366,"priorShares":1052894},{"issuer":"NEUROCRINE BIOSCIENCES INC","titleOfClass":"COM","cusip":"64125C109","value":67414000,"shares":400000,"shareType":"SH","putCall":"Call"},{"issuer":"PRAXIS PRECISION MEDICINES I","titleOfClass":"COM NEW","cusip":"74006W207","value":66958000,"shares":200000,"shareType":"SH","putCall":"Put"},{"issuer":"ANTERIS TECHNOLOGIES GLOBAL","titleOfClass":"COM","cusip":"03675P102","value":66651700,"shares":6766670,"shareType":"SH","priorValue":30696550,"priorShares":5530910},{"issuer":"ABEONA THERAPEUTICS INC","titleOfClass":"COM NEW","cusip":"00289Y206","value":63487016,"shares":10272980,"shareType":"SH","priorValue":22458473,"priorShares":5013052},{"issuer":"KRYSTAL BIOTECH INC","titleOfClass":"COM","cusip":"501147102","value":63183900,"shares":170000,"shareType":"SH","putCall":"Put"},{"issuer":"PELOTON INTERACTIVE INC","titleOfClass":"CL A COM","cusip":"70614W100","value":60388320,"shares":10217990,"shareType":"SH","priorValue":51480000,"priorShares":12000000},{"issuer":"ESTABLISHMENT LABS HLDGS INC","titleOfClass":"COM","cusip":"G31249108","value":57635144,"shares":671660,"shareType":"SH","priorValue":47295242,"priorShares":832956},{"issuer":"XTANT MED HLDGS INC","titleOfClass":"COM NEW","cusip":"98420P308","value":57587748,"shares":136788000,"shareType":"SH","priorValue":38163852,"priorShares":68394000},{"issuer":"JACK IN THE BOX INC","titleOfClass":"COM","cusip":"466367109","value":54660198,"shares":3457318,"shareType":"SH","priorValue":14918054,"priorShares":1542715},{"issuer":"GOGO INC","titleOfClass":"COM","cusip":"38046C109","value":53925932,"shares":17395462,"shareType":"SH","priorValue":35705785,"priorShares":8882036},{"issuer":"IMAX CORP","titleOfClass":"COM","cusip":"45245E109","value":52456478,"shares":1316018,"shareType":"SH","priorValue":19596208,"priorShares":515554},{"issuer":"ZEVRA THERAPEUTICS INC","titleOfClass":"COM NEW","cusip":"488445206","value":51551612,"shares":3594952,"shareType":"SH","priorValue":23504444,"priorShares":2521936},{"issuer":"REGENERON PHARMACEUTICALS","titleOfClass":"COM","cusip":"75886F107","value":49883200,"shares":80000,"shareType":"SH","putCall":"Call","priorValue":30905600,"priorShares":40000},{"issuer":"TITAN MACHY INC","titleOfClass":"COM","cusip":"88830R101","value":47861638,"shares":2266176,"shareType":"SH","priorValue":20975574,"priorShares":1254520},{"issuer":"RMR GROUP INC","titleOfClass":"CL A","cusip":"74967R106","value":47132856,"shares":2295804,"shareType":"SH","priorValue":17758044,"priorShares":1147902},{"issuer":"FOSSIL GROUP INC","titleOfClass":"COM","cusip":"34988V106","value":45582460,"shares":11010256,"shareType":"SH","priorValue":23291343,"priorShares":5404024},{"issuer":"FOX FACTORY HLDG CORP","titleOfClass":"COM","cusip":"35138V102","value":44419454,"shares":2621390,"shareType":"SH","priorValue":24497418,"priorShares":1488300},{"issuer":"MINERALYS THERAPEUTICS INC","titleOfClass":"COM","cusip":"603170101","value":44273154,"shares":1640962,"shareType":"SH","priorValue":24258580,"priorShares":895481},{"issuer":"RIDENOW GROUP INC","titleOfClass":"COM CL B","cusip":"781386305","value":43594296,"shares":6545690,"shareType":"SH","priorValue":23106286,"priorShares":3272845},{"issuer":"SNAP INC","titleOfClass":"CL A","cusip":"83304A106","value":42624000,"shares":9600000,"shareType":"SH","putCall":"Call"},{"issuer":"UNIQURE NV","titleOfClass":"SHS","cusip":"N90064101","value":41975400,"shares":911320,"shareType":"SH","priorValue":3876225,"priorShares":237078},{"issuer":"AURA BIOSCIENCES INC","titleOfClass":"COM","cusip":"05153U107","value":41904626,"shares":5902060,"shareType":"SH","priorValue":14167393,"priorShares":2117697},{"issuer":"AGOMAB THERAPEUTICS NV","titleOfClass":"SPONSORED ADS","cusip":"00860C102","value":40710160,"shares":3136376,"shareType":"SH","priorValue":12852000,"priorShares":1200000},{"issuer":"FULCRUM THERAPEUTICS INC","titleOfClass":"COM","cusip":"359616109","value":40077292,"shares":10950080,"shareType":"SH","priorValue":23393807,"priorShares":3050040},{"issuer":"BENITEC BIOPHARMA INC","titleOfClass":"COM NEW","cusip":"08205P209","value":39828808,"shares":2976742,"shareType":"SH","priorValue":15318651,"priorShares":1438371},{"issuer":"ADMA BIOLOGICS INC","titleOfClass":"COM","cusip":"000899104","value":39506282,"shares":4719986,"shareType":"SH"},{"issuer":"CAMPING WORLD HLDGS INC","titleOfClass":"CL A","cusip":"13462K109","value":38929100,"shares":5102110,"shareType":"SH","priorValue":22260841,"priorShares":3259274},{"issuer":"BIOCRYST PHARMACEUTICALS INC","titleOfClass":"COM","cusip":"09058V103","value":38023200,"shares":3802320,"shareType":"SH","priorValue":18920019,"priorShares":1987397},{"issuer":"MIMEDX GROUP INC","titleOfClass":"COM","cusip":"602496101","value":36710150,"shares":9535104,"shareType":"SH","priorValue":13419331,"priorShares":3397299},{"issuer":"ABIVAX SA","titleOfClass":"SPONSORED ADS","cusip":"00370M103","value":35649448,"shares":267518,"shareType":"SH","priorValue":15281340,"priorShares":137237},{"issuer":"USANA HEALTH SCIENCES INC","titleOfClass":"COM","cusip":"90328M107","value":34590160,"shares":1620148,"shareType":"SH","priorValue":14151993,"priorShares":810074},{"issuer":"MONTE ROSA THERAPEUTICS INC","titleOfClass":"COM","cusip":"61225M102","value":31556462,"shares":1303986,"shareType":"SH","priorValue":10725285,"priorShares":651993},{"issuer":"TANGO THERAPEUTICS INC","titleOfClass":"COM","cusip":"87583X109","value":31301200,"shares":1001318,"shareType":"SH","priorValue":26159456,"priorShares":1250452},{"issuer":"GERON CORP","titleOfClass":"COM","cusip":"374163103","value":31296000,"shares":24450000,"shareType":"SH","priorValue":16725250,"priorShares":11225000},{"issuer":"VOR BIOPHARMA INC","titleOfClass":"COM NEW","cusip":"929033207","value":31112900,"shares":1690000,"shareType":"SH"},{"issuer":"CAMPING WORLD HLDGS INC","titleOfClass":"CL A","cusip":"13462K109","value":30520000,"shares":4000000,"shareType":"SH","putCall":"Call","priorValue":13660000,"priorShares":2000000},{"issuer":"KEROS THERAPEUTICS INC","titleOfClass":"COM","cusip":"492327101","value":30182966,"shares":2820838,"shareType":"SH","priorValue":15019026,"priorShares":1360419},{"issuer":"SILENCE THERAPEUTICS PLC","titleOfClass":"ADS","cusip":"82686Q101","value":29574212,"shares":2693462,"shareType":"SH","priorValue":11313272,"priorShares":2146731},{"issuer":"APYX MEDICAL CORPORATION","titleOfClass":"COM","cusip":"03837C106","value":29366828,"shares":6540496,"shareType":"SH","priorValue":12694722,"priorShares":3440304},{"issuer":"JEFFERSON CAPITAL INC","titleOfClass":"COM","cusip":"47248R103","value":29205000,"shares":1500000,"shareType":"SH","priorValue":14422500,"priorShares":750000},{"issuer":"HERBALIFE LTD","titleOfClass":"COM SHS","cusip":"G4412G101","value":29170750,"shares":2218308,"shareType":"SH","priorValue":19925772,"priorShares":1353653},{"issuer":"PLANET FITNESS MASTER ISSUER","titleOfClass":"CL A","cusip":"72703H101","value":29110860,"shares":558000,"shareType":"SH"},{"issuer":"VERASTEM INC","titleOfClass":"COM NEW","cusip":"92337C203","value":27388024,"shares":7169640,"shareType":"SH","priorValue":18999546,"priorShares":3584820},{"issuer":"FOX FACTORY HLDG CORP","titleOfClass":"COM","cusip":"35138V102","value":27112000,"shares":1600000,"shareType":"SH","putCall":"Call","priorValue":13168000,"priorShares":800000},{"issuer":"DISTRIBUTION SOLUTIONS GRP I","titleOfClass":"COM","cusip":"520776105","value":27053580,"shares":989162,"shareType":"SH","priorValue":12977805,"priorShares":494581},{"issuer":"RAYONIER ADVANCED MATLS INC","titleOfClass":"COM","cusip":"75508B104","value":26688252,"shares":3395452,"shareType":"SH","priorValue":17712000,"priorShares":1600000},{"issuer":"HELIX ACQUISITION CORP III","titleOfClass":"USD CL A ORD SHS","cusip":"G4444S107","value":26600000,"shares":2500000,"shareType":"SH","priorValue":12700000,"priorShares":1250000},{"issuer":"ADC THERAPEUTICS SA","titleOfClass":"SHS","cusip":"H0036K147","value":26378034,"shares":24652368,"shareType":"SH","priorValue":20990374,"priorShares":5597433},{"issuer":"VAXCYTE INC","titleOfClass":"COM","cusip":"92243G108","value":25826694,"shares":444292,"shareType":"SH","priorValue":13873530,"priorShares":238746},{"issuer":"OPUS GENETICS INC","titleOfClass":"COM","cusip":"67577R102","value":25164370,"shares":6122718,"shareType":"SH","priorValue":7650052,"priorShares":1681330},{"issuer":"JANUX THERAPEUTICS INC","titleOfClass":"COM","cusip":"47103J105","value":24880558,"shares":1619828,"shareType":"SH","priorValue":11257805,"priorShares":809914},{"issuer":"CHIME FINL INC","titleOfClass":"COM SHS CL A","cusip":"16935C109","value":24576000,"shares":1200000,"shareType":"SH","putCall":"Call","priorValue":11238000,"priorShares":600000},{"issuer":"AMANAT ACQUISITION CORP","titleOfClass":"CL A ORD","cusip":"G0375M101","value":24384000,"shares":2400000,"shareType":"SH"},{"issuer":"INSPIRE MED SYS INC","titleOfClass":"COM","cusip":"457730109","value":24042470,"shares":538948,"shareType":"SH"},{"issuer":"1 800 FLOWERS COM INC","titleOfClass":"CL A","cusip":"68243Q106","value":23490452,"shares":6750130,"shareType":"SH","priorValue":10260198,"priorShares":3375065},{"issuer":"X4 PHARMACEUTICALS INC","titleOfClass":"COM NEW","cusip":"98420X202","value":22878032,"shares":4898936,"shareType":"SH","priorValue":10116303,"priorShares":2449468},{"issuer":"RIDENOW GROUP INC","titleOfClass":"COM CL B","cusip":"781386305","value":22644000,"shares":3400000,"shareType":"SH","putCall":"Call","priorValue":12002000,"priorShares":1700000},{"issuer":"INTEGER HLDGS CORP","titleOfClass":"COM","cusip":"45826H109","value":20802344,"shares":222604,"shareType":"SH","priorValue":15136000,"priorShares":172000},{"issuer":"INVENTIVA SA","titleOfClass":"ADS","cusip":"46124U107","value":20309132,"shares":5372786,"shareType":"SH"},{"issuer":"INDUSTRIAL LOGISTICS PPTYS T","titleOfClass":"COM SHS BEN INT","cusip":"456237106","value":19711854,"shares":2222306,"shareType":"SH","priorValue":9536567,"priorShares":1678973},{"issuer":"DUOLINGO INC","titleOfClass":"CL A COM","cusip":"26603R106","value":19295066,"shares":167754,"shareType":"SH","priorValue":9857000,"priorShares":100000},{"issuer":"RESERVOIR MEDIA INC","titleOfClass":"COM","cusip":"76119X105","value":18612188,"shares":1881920,"shareType":"SH","priorValue":9211998,"priorShares":940960},{"issuer":"FRACTYL HEALTH INC","titleOfClass":"COM","cusip":"35168W103","value":17936116,"shares":22578192,"shareType":"SH","priorValue":6118277,"priorShares":13364519},{"issuer":"DHI GROUP INC","titleOfClass":"COM","cusip":"23331S100","value":17615280,"shares":4748054,"shareType":"SH","priorValue":6671016,"priorShares":2374027},{"issuer":"AMYLYX PHARMACEUTICALS INC","titleOfClass":"COM","cusip":"03237H101","value":17481690,"shares":973368,"shareType":"SH","priorValue":7446008,"priorShares":535684},{"issuer":"KORRO BIO INC","titleOfClass":"COM","cusip":"500946108","value":17398548,"shares":1320072,"shareType":"SH","priorValue":7471608,"priorShares":660036},{"issuer":"ALECTOR INC","titleOfClass":"COM","cusip":"014442107","value":17358798,"shares":8636218,"shareType":"SH","priorValue":6054363,"priorShares":2815983},{"issuer":"NOODLES & CO","titleOfClass":"CL A NEW","cusip":"65540B303","value":16557006,"shares":1107492,"shareType":"SH","priorValue":4734528,"priorShares":553746},{"issuer":"RH","titleOfClass":"COM","cusip":"74967X103","value":16473000,"shares":100000,"shareType":"SH","putCall":"Call","priorValue":6991000,"priorShares":50000},{"issuer":"CODEXIS INC","titleOfClass":"COM","cusip":"192005106","value":16378730,"shares":7247226,"shareType":"SH","priorValue":6721489,"priorShares":4123613},{"issuer":"PERSPECTIVE THERAPEUTICS INC","titleOfClass":"COM NEW","cusip":"46489V302","value":15859570,"shares":4650900,"shareType":"SH"},{"issuer":"BANCORP INC DEL","titleOfClass":"COM","cusip":"05969A105","value":15760224,"shares":251600,"shareType":"SH","putCall":"Call","priorValue":6759234,"priorShares":125800},{"issuer":"IRENIC ACQUISITION CORP","titleOfClass":"UNIT 04/10/2031","cusip":"G4939F115","value":15240150,"shares":1500000,"shareType":"SH"},{"issuer":"UNIQURE NV","titleOfClass":"SHS","cusip":"N90064101","value":14877380,"shares":323000,"shareType":"SH","putCall":"Put"},{"issuer":"DAMORA THERAPEUTICS INC","titleOfClass":"COM NEW","cusip":"36322Q206","value":14461560,"shares":556000,"shareType":"SH","priorValue":7200200,"priorShares":278000},{"issuer":"VIEMED HEALTHCARE INC","titleOfClass":"COM","cusip":"92663R105","value":14419746,"shares":1264890,"shareType":"SH","priorValue":8139641,"priorShares":883783},{"issuer":"UNICYCIVE THERAPEUTICS INC","titleOfClass":"COM NEW","cusip":"90466Y202","value":13145572,"shares":2802894,"shareType":"SH","priorValue":6179949,"priorShares":939202},{"issuer":"TRAEGER INC","titleOfClass":"COM NEW","cusip":"89269P202","value":13059136,"shares":165662,"shareType":"SH","priorValue":2969832,"priorShares":102408},{"issuer":"FORRESTER RESH INC","titleOfClass":"COM","cusip":"346563109","value":12841162,"shares":1526892,"shareType":"SH","priorValue":3930429,"priorShares":694422},{"issuer":"ABEONA THERAPEUTICS INC","titleOfClass":"COM NEW","cusip":"00289Y206","value":12607200,"shares":2040000,"shareType":"SH","putCall":"Call","priorValue":4569600,"priorShares":1020000},{"issuer":"LEXEO THERAPEUTICS INC","titleOfClass":"COM","cusip":"52886X107","value":12103000,"shares":2600000,"shareType":"SH","priorValue":6888000,"priorShares":1200000},{"issuer":"RH","titleOfClass":"COM","cusip":"74967X103","value":12086570,"shares":73372,"shareType":"SH","priorValue":8080338,"priorShares":57791},{"issuer":"ENVOY MEDICAL INC","titleOfClass":"CL A","cusip":"29415V109","value":11917936,"shares":15300000,"shareType":"SH","priorValue":5088015,"priorShares":7650000},{"issuer":"ELOXX PHARMACEUTICALS INC","titleOfClass":"COM NEW","cusip":"29014R301","value":11104000,"shares":800000,"shareType":"SH"},{"issuer":"INHIBIKASE THERAPEUTICS INC","titleOfClass":"COM NEW","cusip":"45719W205","value":10969564,"shares":5403726,"shareType":"SH","priorValue":4539130,"priorShares":2701863},{"issuer":"FIRST TRACKS BIOTHERAPEUTICS","titleOfClass":"ORD SHS","cusip":"337185102","value":10060000,"shares":500000,"shareType":"SH"},{"issuer":"MARA HOLDINGS INC","titleOfClass":"NOTE3/0","cusip":"565788AF3","value":10027060,"shares":10000000,"shareType":"PRN","priorValue":4435000,"priorShares":5000000},{"issuer":"HAIN CELESTIAL GROUP INC","titleOfClass":"COM","cusip":"405217100","value":9555656,"shares":17057578,"shareType":"SH","priorValue":5951389,"priorShares":8528789},{"issuer":"ALTA EQUIPMENT GROUP INC","titleOfClass":"COMMON STOCK","cusip":"02128L106","value":9378576,"shares":1449548,"shareType":"SH","priorValue":5019736,"priorShares":934774},{"issuer":"ORTHOPEDIATRICS CORP","titleOfClass":"COM","cusip":"68752L100","value":9272004,"shares":484684,"shareType":"SH","priorValue":3165256,"priorShares":199449},{"issuer":"ALTIMMUNE INC","titleOfClass":"COM NEW","cusip":"02155H200","value":9120000,"shares":3000000,"shareType":"SH"},{"issuer":"TRISALUS LIFE SCIENCES INC","titleOfClass":"COM","cusip":"89680M101","value":9100000,"shares":2000000,"shareType":"SH","priorValue":8283308,"priorShares":2070827},{"issuer":"SERVICE PROPERTIES TRUST","titleOfClass":"SERVICE PPTYS TR","cusip":"81761L102","value":8995263,"shares":5322641,"shareType":"SH","priorValue":9563437,"priorShares":7057887},{"issuer":"TELA BIO INC","titleOfClass":"COM","cusip":"872381108","value":8841172,"shares":11788228,"shareType":"SH","priorValue":3189351,"priorShares":5144114},{"issuer":"THE ONE GROUP HOSPITALITY IN","titleOfClass":"COM","cusip":"88338K103","value":8526758,"shares":4242168,"shareType":"SH","priorValue":3775530,"priorShares":2121084},{"issuer":"DARIOHEALTH CORP","titleOfClass":"COM","cusip":"23725P308","value":8061122,"shares":1221382,"shareType":"SH","priorValue":4897733,"priorShares":610690},{"issuer":"IMMUNIC INC","titleOfClass":"COM NEW","cusip":"4525EP200","value":7704858,"shares":501292,"shareType":"SH"},{"issuer":"ZAI LAB LTD","titleOfClass":"ADR","cusip":"98887Q104","value":7600000,"shares":400000,"shareType":"SH"},{"issuer":"TALPHERA INC","titleOfClass":"COM NEW","cusip":"00444T209","value":7194590,"shares":6985038,"shareType":"SH","priorValue":2608562,"priorShares":3492519},{"issuer":"CHIME FINL INC","titleOfClass":"COM SHS CL A","cusip":"16935C109","value":7049994,"shares":344238,"shareType":"SH","priorValue":3746000,"priorShares":200000},{"issuer":"VENU HLDG CORP","titleOfClass":"COM","cusip":"92333E104","value":6913772,"shares":3093410,"shareType":"SH","priorValue":6774594,"priorShares":2046705},{"issuer":"PAYONEER GLOBAL INC","titleOfClass":"COM","cusip":"70451X104","value":6889824,"shares":967672,"shareType":"SH","priorValue":2336928,"priorShares":483836},{"issuer":"ELUTIA INC","titleOfClass":"CL A COM","cusip":"05479K106","value":6239948,"shares":6369894,"shareType":"SH","priorValue":3344194,"priorShares":3184947},{"issuer":"KAILERA THERAPEUTICS INC","titleOfClass":"COMMON STOCK","cusip":"482931102","value":6168400,"shares":280000,"shareType":"SH"},{"issuer":"RALLYBIO CORP","titleOfClass":"COM","cusip":"75120L209","value":6029504,"shares":376844,"shareType":"SH","priorValue":2696696,"priorShares":300635},{"issuer":"ARTIVA BIOTHERAPEUTICS INC","titleOfClass":"COM","cusip":"04317A107","value":5820000,"shares":600000,"shareType":"SH"},{"issuer":"DESTINATION XL GROUP INC","titleOfClass":"COM","cusip":"25065K104","value":5549932,"shares":8283480,"shareType":"SH","priorValue":2112287,"priorShares":4141740},{"issuer":"EDITAS MEDICINE INC","titleOfClass":"COM","cusip":"28106W103","value":5525496,"shares":1705400,"shareType":"SH"},{"issuer":"EHEALTH INC","titleOfClass":"COM","cusip":"28238P109","value":5249094,"shares":3522882,"shareType":"SH","priorValue":2272259,"priorShares":1761441},{"issuer":"JATT II ACQUISITION CORP","titleOfClass":"ORD SHS","cusip":"G50765109","value":5112000,"shares":450000,"shareType":"SH"},{"issuer":"ARVINAS INC","titleOfClass":"COM","cusip":"04335A105","value":4986000,"shares":600000,"shareType":"SH","priorValue":3180000,"priorShares":300000},{"issuer":"READING INTL INC","titleOfClass":"CL A","cusip":"755408101","value":4917986,"shares":3842176,"shareType":"SH","priorValue":2170829,"priorShares":1921088},{"issuer":"INSPIREMD INC","titleOfClass":"COM","cusip":"45779A846","value":4727752,"shares":6752968,"shareType":"SH","priorValue":5503669,"priorShares":3376484},{"issuer":"AYTU BIOPHARMA INC","titleOfClass":"COM","cusip":"054754858","value":4673292,"shares":2173624,"shareType":"SH","priorValue":2966997,"priorShares":1086812},{"issuer":"AKEBIA THREAPEUTICS INC","titleOfClass":"COM","cusip":"00972D105","value":4560000,"shares":4000000,"shareType":"SH","priorValue":2780000,"priorShares":2000000},{"issuer":"SCULLY ROYALTY LTD","titleOfClass":"COM SHS","cusip":"G7T96K107","value":4510230,"shares":736364,"shareType":"SH","priorValue":2879183,"priorShares":368182},{"issuer":"ENTRADA THERAPEUTICS INC","titleOfClass":"COM","cusip":"29384C108","value":4424464,"shares":601150,"shareType":"SH","priorValue":2010770,"priorShares":159332},{"issuer":"VAXCYTE INC","titleOfClass":"COM","cusip":"92243G108","value":4092352,"shares":70400,"shareType":"SH","putCall":"Call","priorValue":2045472,"priorShares":35200},{"issuer":"GAIA INC NEW","titleOfClass":"CL A","cusip":"36269P104","value":3841396,"shares":1829236,"shareType":"SH","priorValue":2533492,"priorShares":914618},{"issuer":"AMERICAS CAR-MART INC","titleOfClass":"COM","cusip":"03062T105","value":3597348,"shares":1289372,"shareType":"SH","priorValue":8206853,"priorShares":644686},{"issuer":"ALX ONCOLOGY HLDGS INC","titleOfClass":"COM","cusip":"00166B105","value":3105000,"shares":1500000,"shareType":"SH"},{"issuer":"PRECISION OPTICS CORP INC MA","titleOfClass":"COM NEW","cusip":"740294400","value":2856000,"shares":560000,"shareType":"SH","priorValue":1229200,"priorShares":280000},{"issuer":"BRC INC","titleOfClass":"COM CL A","cusip":"05601U105","value":2790920,"shares":2514342,"shareType":"SH","priorValue":2041807,"priorShares":2630517},{"issuer":"VYNE THERAPEUTICS INC","titleOfClass":"COM","cusip":"92941V308","value":2602800,"shares":4000000,"shareType":"SH","priorValue":1195000,"priorShares":2000000},{"issuer":"ALTISOURCE PORTFOLIO SOLUTIO","titleOfClass":"*W EXP 04/30/203","cusip":"L0175J112","value":1981850,"shares":4954624,"shareType":"SH","priorValue":941379,"priorShares":2477312},{"issuer":"ACME UTD CORP","titleOfClass":"COM","cusip":"004816104","value":1949552,"shares":40854,"shareType":"SH","priorValue":917377,"priorShares":20427},{"issuer":"PERFECT CORP","titleOfClass":"CL A ORD SHS","cusip":"G7006A109","value":1938632,"shares":1167850,"shareType":"SH","priorValue":986833,"priorShares":583925},{"issuer":"SNAP INC","titleOfClass":"CL A","cusip":"83304A106","value":1776000,"shares":400000,"shareType":"SH"},{"issuer":"ALTISOURCE PORTFOLIO SOLUTIO","titleOfClass":"*W EXP 04/02/202","cusip":"L0175J120","value":1387294,"shares":4954624,"shareType":"SH","priorValue":495462,"priorShares":2477312},{"issuer":"CELLECTAR BIOSCIENCES INC","titleOfClass":"COM NEW","cusip":"15117F880","value":1223188,"shares":439996,"shareType":"SH"},{"issuer":"SPAR GROUP INC","titleOfClass":"COM","cusip":"784933103","value":1091852,"shares":1321376,"shareType":"SH","priorValue":413260,"priorShares":660688},{"issuer":"CURIS INC","titleOfClass":"COM","cusip":"231269309","value":1033171,"shares":1978876,"shareType":"SH","priorValue":1094600,"priorShares":2000000},{"issuer":"SENTI BIOSCIENCES HOLDINGS","titleOfClass":"COM NEW","cusip":"816944102","value":976800,"shares":888000,"shareType":"SH"},{"issuer":"AZITRA INC","titleOfClass":"COM NEW","cusip":"05479L302","value":742888,"shares":4427226,"shareType":"SH"},{"issuer":"BIOMX INC","titleOfClass":"COM NEW","cusip":"09090D509","value":430464,"shares":1269990,"shareType":"SH","priorValue":430940,"priorShares":114795},{"issuer":"APREA THERAPEUTICS INC","titleOfClass":"COM NEW","cusip":"03836J201","value":330162,"shares":411520,"shareType":"SH","priorValue":156974,"priorShares":205760},{"issuer":"GUARDFORCE AI CO LTD","titleOfClass":"*W EXP 10/01/202","cusip":"G4236L120","value":10840,"shares":308410,"shareType":"SH","priorValue":9252,"priorShares":154205}]},"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}