Hoyoung Huh - Jul 20, 2023 Form 4 Insider Report for Peak Bio, Inc. (PKBO)

Role: Director, 10%+ Owner
Signature: /s/ Dr. Hoyoung Huh
Stock symbol: PKBO
Transactions as of: Jul 20, 2023
Transactions value $: $275,000
Form type: 4
Date filed: 7/21/2023, 04:30 PM
Previous filing: Jun 27, 2023
Next filing: Aug 15, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PKBO	Common Stock	Exercise of in-the-money or at-the-money derivative security	$275K	+458K	+6.46%	$0.60	7.55M	Jul 20, 2023	Direct
holding	PKBO	Common Stock						373K	Jul 20, 2023	See footnote	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	PKBO	Warrant (Right to Purchase)	Exercise of in-the-money or at-the-money derivative security	$0	-458K	-37.63%	$0.00	760K	Jul 20, 2023	Common Stock	458K	$0.60	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The securities are held by Hannol Ventures LLC (the "LLC"). The Reporting Person is sole member of the LLC.