Tang Capital Management LLC Increases Stake in Immunocore Holdings plc

Tang Capital Management LLC (TCM) has filed a Schedule 13G with the SEC, disclosing an increased ownership stake in Immunocore Holdings plc. As of October 24, 2025, TCM beneficially owns 2,605,608 American Depositary Shares (ADSs), representing 5.2% of the outstanding ordinary shares. This marks an increase of 500,000 shares from their previous holdings. The filing also indicates that TCM shares voting and dispositive power over these shares with Tang Capital Partners LP (TCP), Tang Capital Partners International LP (TCPI), and Kevin Tang. The filing is made under Rule 13d-1(c) and includes a joint filing agreement among the entities. The address of TCM, Kevin Tang, TCP, and TCPI is 4747 Executive Drive, Suite 210, San Diego, CA 92121. The address of TCP III and TCP IV is 400 S. 4th Street, 3rd Floor, Las Vegas, NV 89101.