Hoyoung Huh - 23 Jun 2023 Form 4 Insider Report for Peak Bio, Inc.

Role: Director, 10%+ Owner
Signature: /s/ Dr. Hoyoung Huh
Issuer symbol: N/A
Transactions as of: 23 Jun 2023
Net transactions value: +$400,000
Form type: 4
Filing time: 27 Jun 2023, 17:00:17 UTC
Previous filing: 08 Jun 2023
Next filing: 21 Jul 2023
SEC: View on sec.gov

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	$400,000	+666,667	+10%	$0.6000	7,094,076	23 Jun 2023	Direct	F1
holding	PKBO	Common Stock						372,940	23 Jun 2023	See footnote	F1, F2

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	-666,667	-35%	$0.000000	1,217,958	23 Jun 2023	Common Stock	666,667	$0.6000	Direct

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

Explanation of Responses:

Id	Content
F1	Due to an administrative error in the Reporting Person's previous Form 4, the number of shares beneficially owned is being corrected in this Form 4 to match the Reporting Person's Schedule 13D filed on March 21, 2023.
F2	The securities are held by Hannol Ventures LLC (the "LLC"). The Reporting Person is sole member of the LLC.