As of November 6, 2026, 10 holders' latest Schedule 13D or 13G filings report owning 5% or more of Tenax Therapeutics Inc. The largest reported stake is ADAR1 Capital Management, LLC's, at 14%. 60 filings are on record since August 14, 2025 (Schedule 13G, September 8, 2026).
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Key facts
- · Reporting person: BlackRock, Inc. · Sole voting: 2,754,990 · Shared voting: 0 · Sole dispositive: 2,804,788 · Shared dispositive: 0 · SCHEDULE 13G/A, 2026-10-27
- · Holder: Millennium Management LLC · Percent: 3.6% · SCHEDULE 13G/A
- · Reporting person: Sphera Funds Management Ltd. · Sole voting: 0 · Shared voting: 2,663,296 · Sole dispositive: 0 · Shared dispositive: 2,663,296 · SCHEDULE 13G/A, 2026-10-13
- · Reporting person: Dellora Investments Master Fund LP · Sole voting: 0 · Shared voting: 2,061,000 · Sole dispositive: 0 · Shared dispositive: 2,061,000 · SCHEDULE 13G/A, 2026-10-09
- · Holder: ING Groep N.V. · Percent: 0% · SCHEDULE 13G/A
Tenax Therapeutics Inc has 60 Schedule 13D or 13G filings on record since 2025-08-14. 10 holders' latest filing reports 5% or more of common stock. Each figure below is the holder's own, as filed, with the filing linked.
Holders
| Holder | Percent | Shares | Latest | Event date |
|---|---|---|---|---|
| ADAR1 Capital Management, LLC | 14% | 5,257,389 | SCHEDULE 13G, 2026-09-08 | 2026-08-31 |
| Janus Henderson Group Plc | 9.99% | 623,733 | SCHEDULE 13G, 2025-12-08 | 2025-11-28 |
| Bvf Partners L P | 9.99% | 3,110,363 | SCHEDULE 13G/A, 2026-08-14 | 2026-06-30 |
| Vestal Point Capital, LP | 9.9% | 2,470,096 | SCHEDULE 13G, 2025-11-14 | 2024-09-30 |
| RTW Investments, LP | 9.9% | 2,866,654 | SCHEDULE 13G/A, 2026-08-14 | 2026-06-30 |
| Vivo Opportunity Fund Holdings, L.P. | 9% | 3,458,327 | SCHEDULE 13G/A, 2026-08-14 | 2026-06-30 |
| BlackRock, Inc. | 7.5% | 2,804,788 | SCHEDULE 13G/A, 2026-10-27 | 2026-09-30 |
| Sphera Funds Management Ltd. | 7.09% | 2,663,296 | SCHEDULE 13G/A, 2026-10-13 | 2026-09-30 |
| Adage Capital Management, L.P. | 6.81% | 1,899,495 | SCHEDULE 13G/A, 2026-08-12 | 2026-06-30 |
| Dellora Investments LP | 6.4% | 2,400,000 | SCHEDULE 13G/A, 2026-10-09 | 2026-10-02 |
| Venrock Healthcare Capital Partners III, L.P. | 4.7% | 1,574,892 | SCHEDULE 13G/A, 2026-08-14 | 2026-06-30 |
| Perceptive Advisors LLC | 4.5% | 1,700,000 | SCHEDULE 13G/A, 2026-08-14 | 2026-06-30 |
| 4.32% | 1,690,606 | SCHEDULE 13D/A, 2026-07-31 | 2026-07-31 | |
| Stonepine Capital Management, LLC | 3.7% | 975,200 | SCHEDULE 13G/A, 2026-05-15 | 2026-03-31 |
| Millennium Management LLC | 3.6% | 1,362,730 | SCHEDULE 13G/A, 2026-10-15 | 2026-09-30 |
| 3.5% | 596,564 | SCHEDULE 13G/A, 2026-04-08 | 2026-03-31 | |
| Point72 Asset Management, L.P. | 3.1% | 533,965 | SCHEDULE 13G/A, 2026-05-15 | 2026-03-31 |
| Logos Global Management LP | 3% | 800,000 | SCHEDULE 13G/A, 2026-05-15 | 2026-03-31 |
| Ikarian Capital, LLC | 2.9% | 1,080,700 | SCHEDULE 13G/A, 2026-08-14 | 2026-06-30 |
| 2.5% | 427,141 | SCHEDULE 13G/A, 2026-05-04 | 2026-03-31 | |
| T. Rowe Price Associates, Inc. | 2.2% | 586,990 | SCHEDULE 13G/A, 2026-06-05 | 2026-05-31 |
| Millennium Management LLC | 2.1% | 533,889 | SCHEDULE 13G/A, 2026-05-08 | 2026-03-31 |
| Fmr LLC | 1.4% | 514,925 | SCHEDULE 13G/A, 2026-09-08 | 2026-08-31 |
| Lind Global Fund II LP | 0.78% | 202,480 | SCHEDULE 13G/A, 2026-05-15 | 2026-03-31 |
| ING Groep N.V. | 0% | 0 | SCHEDULE 13G/A, 2026-09-11 | 2026-09-03 |
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More on Tenax Therapeutics Inc and the records around it.
Tenax Therapeutics Inc elsewhere on the record
Companies that share a holder
- Dellora Investments Master Fund LP also filed stake reports on 1 other company: Rezolute, Inc. (Aug 2026)
- ING Groep N.V. also filed stake reports on 1 other company: NEOGEN CORP (Dec 2025)
- Sphera Funds Management Ltd. also filed stake reports on 2 other companies: Outlook Therapeutics, Inc. (Feb 2026), ProMIS Neurosciences Inc. (Feb 2026)
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Voting and dispositive power, as filed
| Reporting person | Sole voting | Shared voting | Sole dispositive | Shared dispositive | Filing |
|---|---|---|---|---|---|
| ADAR1 Capital Management, LLC | 0 | 5,257,389 | 0 | 5,257,389 | SCHEDULE 13G, 2026-09-08 |
| Daniel Schneeberger | 0 | 5,257,389 | 0 | 5,257,389 | SCHEDULE 13G, 2026-09-08 |
| Biotechnology Value Fund L P | 0 | 2,966,661 | 0 | 2,966,661 | SCHEDULE 13G/A, 2026-08-14 |
| Bvf I Gp LLC | 0 | 2,966,661 | 0 | 2,966,661 | SCHEDULE 13G/A, 2026-08-14 |
| Biotechnology Value Fund Ii LP | 0 | 141,570 | 0 | 141,570 | SCHEDULE 13G/A, 2026-08-14 |
| Bvf Ii Gp LLC | 0 | 141,570 | 0 | 141,570 | SCHEDULE 13G/A, 2026-08-14 |
| Biotechnology Value Trading Fund OS LP | 0 | 7 | 0 | 7 | SCHEDULE 13G/A, 2026-08-14 |
| BVF Partners OS Ltd. | 0 | 7 | 0 | 7 | SCHEDULE 13G/A, 2026-08-14 |
| Bvf Gp Holdings LLC | 0 | 3,108,231 | 0 | 3,108,231 | SCHEDULE 13G/A, 2026-08-14 |
| Bvf Partners L P | 0 | 3,110,363 | 0 | 3,110,363 | SCHEDULE 13G/A, 2026-08-14 |
| Bvf Inc | 0 | 3,110,363 | 0 | 3,110,363 | SCHEDULE 13G/A, 2026-08-14 |
| Lampert Mark N | 0 | 3,110,363 | 0 | 3,110,363 | SCHEDULE 13G/A, 2026-08-14 |
| RTW Investments, LP | 0 | 2,866,654 | 0 | 2,866,654 | SCHEDULE 13G/A, 2026-08-14 |
| Roderick Wong | 0 | 2,866,654 | 0 | 2,866,654 | SCHEDULE 13G/A, 2026-08-14 |
| Vivo Opportunity Fund Holdings, L.P. | 3,458,327 | 0 | 3,458,327 | 0 | SCHEDULE 13G/A, 2026-08-14 |
| Vivo Opportunity, LLC | 3,458,327 | 0 | 3,458,327 | 0 | SCHEDULE 13G/A, 2026-08-14 |
| BlackRock, Inc. | 2,754,990 | 0 | 2,804,788 | 0 | SCHEDULE 13G/A, 2026-10-27 |
| Sphera Funds Management Ltd. | 0 | 2,663,296 | 0 | 2,663,296 | SCHEDULE 13G/A, 2026-10-13 |
| Sphera Global Healthcare GP Ltd. | 0 | 2,663,296 | 0 | 2,663,296 | SCHEDULE 13G/A, 2026-10-13 |
| Sphera Global Healthcare Management LP | 0 | 2,663,296 | 0 | 2,663,296 | SCHEDULE 13G/A, 2026-10-13 |
| Adage Capital Management, L.P. | 0 | 1,899,495 | 0 | 1,899,495 | SCHEDULE 13G/A, 2026-08-12 |
| Robert Atchinson | 0 | 1,899,495 | 0 | 1,899,495 | SCHEDULE 13G/A, 2026-08-12 |
| Phillip Gross | 0 | 1,899,495 | 0 | 1,899,495 | SCHEDULE 13G/A, 2026-08-12 |
| Dellora Investments Master Fund LP | 0 | 2,061,000 | 0 | 2,061,000 | SCHEDULE 13G/A, 2026-10-09 |
The latest filing identifies Tenax Therapeutics Inc by CUSIP 88032L605 and gives its principal executive office as 101 Glen Lennox Drive, Suite 300, Chapel Hill, NC 27517 (SCHEDULE 13G/A, 2026-10-27).
What the percentages are based on
Incorporated by reference to Item 11 of the cover page for each reporting person.Sphera Funds Management Ltd., SCHEDULE 13G/A, 2026-10-13
Row 11 of each Reporting Person's cover page to this Schedule 13G/A sets forth the percentages of the shares of common stock of the Issuer beneficially owned by such Reporting Person as of June 30, 2026 and is incorporated by reference.Venrock Healthcare Capital Partners III, L.P., SCHEDULE 13G/A, 2026-08-14
Source of funds (Item 3)
This Schedule 13D/A is filed solely as a result of the increase in the number of issued and outstanding shares of the Issuer's Common Stock.Christopher Thomas Giordano, SCHEDULE 13D/A, 2026-07-31
Timeline
| Filed | Holder | Percent | Filing |
|---|---|---|---|
| 2025-08-14 | Janus Henderson Group Plc | 4% | SCHEDULE 13G/A |
| 2025-08-14 | Venrock Healthcare Capital Partners III, L.P. | 9.9% | SCHEDULE 13G/A |
| 2025-10-02 | Raymond Debbane | 9.4% | SCHEDULE 13G |
| 2025-10-07 | Ikarian Capital, LLC | 21.2% | SCHEDULE 13G |
| 2025-10-29 | Point72 Asset Management, L.P. | 7.4% | SCHEDULE 13G |
| 2025-11-05 | Integrated Core Strategies (US) LLC | 6.9% | SCHEDULE 13G/A |
| 2025-11-14 | Vestal Point Capital, LP | 9.9% | SCHEDULE 13G |
| 2025-11-14 | Lind Global Fund II LP | 8.8% | SCHEDULE 13G/A |
| 2025-11-14 | Venrock Healthcare Capital Partners III, L.P. | 9.9% | SCHEDULE 13G/A |
| 2025-12-05 | Ikarian Capital, LLC | 15.5% | SCHEDULE 13G/A |
| 2025-12-08 | Janus Henderson Group Plc | 9.99% | SCHEDULE 13G |
| 2025-12-23 | Perceptive Advisors LLC | 7% | SCHEDULE 13G |
| 2026-02-12 | Morgan Stanley | 9.6% | SCHEDULE 13G |
| 2026-02-17 | Point72 Asset Management, L.P. | 6.8% | SCHEDULE 13G/A |
| 2026-02-17 | Bvf Partners L P | 9.99% | SCHEDULE 13G/A |
| 2026-02-17 | Lind Global Fund II LP | 6.62% | SCHEDULE 13G/A |
| 2026-02-17 | Perceptive Advisors LLC | 9.1% | SCHEDULE 13G/A |
| 2026-02-17 | RTW Investments, LP | 9.9% | SCHEDULE 13G/A |
| 2026-02-17 | Venrock Healthcare Capital Partners III, L.P. | 9.9% | SCHEDULE 13G/A |
| 2026-02-17 | Dellora Investments LP | 6.4% | SCHEDULE 13G/A |
| 2026-03-09 | Logos Global Management LP | 9.9% | SCHEDULE 13G |
| 2026-03-10 | Christopher Thomas Giordano | 6.79% | SCHEDULE 13D |
| 2026-04-07 | Ikarian Capital, LLC | 6.7% | SCHEDULE 13G/A |
| 2026-04-08 | Morgan Stanley | 3.5% | SCHEDULE 13G/A |
| 2026-05-04 | Raymond Debbane | 2.5% | SCHEDULE 13G/A |
| 2026-05-07 | T. Rowe Price Associates, Inc. | 17.2% | SCHEDULE 13G/A |
| 2026-05-07 | T. Rowe Price Associates, Inc. | 11% | SCHEDULE 13G/A |
| 2026-05-08 | Millennium Management LLC | 2.1% | SCHEDULE 13G/A |
| 2026-05-15 | Point72 Asset Management, L.P. | 3.1% | SCHEDULE 13G/A |
| 2026-05-15 | Bvf Partners L P | 9.99% | SCHEDULE 13G/A |
| 2026-05-15 | Lind Global Fund II LP | 0.78% | SCHEDULE 13G/A |
| 2026-05-15 | Stonepine Capital Management, LLC | 3.7% | SCHEDULE 13G/A |
| 2026-05-15 | Logos Global Management LP | 3% | SCHEDULE 13G/A |
| 2026-05-15 | Perceptive Advisors LLC | 5.5% | SCHEDULE 13G/A |
| 2026-05-15 | RTW Investments, LP | 9.9% | SCHEDULE 13G/A |
| 2026-05-15 | Venrock Healthcare Capital Partners III, L.P. | 9.9% | SCHEDULE 13G/A |
| 2026-05-15 | Dellora Investments LP | 2.3% | SCHEDULE 13G/A |
| 2026-05-20 | Millennium Management LLC | 5.1% | SCHEDULE 13G |
| 2026-06-05 | T. Rowe Price Associates, Inc. | 2.2% | SCHEDULE 13G/A |
| 2026-07-08 | Fmr LLC | 14.9% | SCHEDULE 13G |
| 2026-07-17 | Millennium Management LLC | 3.3% | SCHEDULE 13G/A |
| 2026-07-30 | BlackRock, Inc. | 6.4% | SCHEDULE 13G |
| 2026-07-31 | Christopher Thomas Giordano | 4.32% | SCHEDULE 13D/A |
| 2026-08-12 | Adage Capital Management, L.P. | 6.81% | SCHEDULE 13G/A |
| 2026-08-14 | Bvf Partners L P | 9.99% | SCHEDULE 13G/A |
| 2026-08-14 | Perceptive Advisors LLC | 4.5% | SCHEDULE 13G/A |
| 2026-08-14 | Ikarian Capital, LLC | 2.9% | SCHEDULE 13G/A |
| 2026-08-14 | Vivo Opportunity Fund Holdings, L.P. | 9% | SCHEDULE 13G/A |
| 2026-08-14 | Venrock Healthcare Capital Partners III, L.P. | 4.7% | SCHEDULE 13G/A |
| 2026-08-14 | RTW Investments, LP | 9.9% | SCHEDULE 13G/A |
| 2026-08-18 | Millennium Management LLC | 5.8% | SCHEDULE 13G |
| 2026-08-27 | ING Groep N.V. | 7.05% | SCHEDULE 13G |
| 2026-08-27 | Sphera Funds Management Ltd. | 5.33% | SCHEDULE 13G |
| 2026-09-08 | Fmr LLC | 1.4% | SCHEDULE 13G/A |
| 2026-09-08 | ADAR1 Capital Management, LLC | 14% | SCHEDULE 13G |
| 2026-09-11 | ING Groep N.V. | 0% | SCHEDULE 13G/A |
| 2026-10-09 | Dellora Investments LP | 6.4% | SCHEDULE 13G/A |
| 2026-10-13 | Sphera Funds Management Ltd. | 7.09% | SCHEDULE 13G/A |
| 2026-10-15 | Millennium Management LLC | 3.6% | SCHEDULE 13G/A |
| 2026-10-27 | BlackRock, Inc. | 7.5% | SCHEDULE 13G/A |
Questions about who owns Tenax Therapeutics Inc
Who owns Tenax Therapeutics Inc?
On this page, 10 holders' latest ownership filings report 5% or more of Tenax Therapeutics Inc: ADAR1 Capital Management, LLC (14%, Schedule 13G, filed 2026-09-08), Janus Henderson Group Plc (9.99%, Schedule 13G, filed 2025-12-08), Bvf Partners L P (9.99%, Schedule 13G/A, filed 2026-08-14), Vestal Point Capital, LP (9.9%, Schedule 13G, filed 2025-11-14) and RTW Investments, LP (9.9%, Schedule 13G/A, filed 2026-08-14); 5 more are listed above.
Who are the largest shareholders of Tenax Therapeutics Inc?
By the share each holder's latest filing reports, the largest holders of Tenax Therapeutics Inc on this page are ADAR1 Capital Management, LLC (14%), Janus Henderson Group Plc (9.99%) and Bvf Partners L P (9.99%).
When did ADAR1 Capital Management, LLC buy into Tenax Therapeutics Inc?
The filings give report dates, not purchase dates. The earliest filing from ADAR1 Capital Management, LLC on this page is the Schedule 13G, filed 2026-09-08, reporting 14%.
Is this an audit or a full list?
Neither. The ownership list on this page covers only Schedule 13D and 13G filings, which holders make once they own 5% or more of a class of shares (an amendment can report a stake that has since fallen below 5%); 60 such filings are shown here. It is not an audit and not a full cap table: holders who never reached 5% are not listed, and a stake can change after its latest filing.
Also on the record for Tenax Therapeutics Inc
| Date | Record | Figure | Our page | Source |
|---|---|---|---|---|
| April 22, 2026 | Leadership change filing (Form 8-K, Item 5.02) | — | Leadership changes | Source |
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Where this comes from
Anyone who comes to own more than 5% of a class of a listed company's voting shares has to tell the SEC. A holder who may seek to change or influence the company files Schedule 13D, and has to say in Item 4, "Purpose of Transaction", what it intends to do. A holder with no such intent, such as many index and passive funds, may file the shorter Schedule 13G. Both are amended when the stake changes, including when it falls below 5%.
Every row here is one of those filings, linked to the filing itself. Percentages and share counts are exactly as the holder filed them, for the holder the filing names; an amendment showing a lower figure is shown as filed. Item 4 text is quoted word for word. Where a 13D's Item 4 contains a sentence stating a definite intent to influence the company, that sentence is marked and quoted; the page does not describe the holder or its motives beyond the words it filed. Nothing here is investment advice.
