Adar1 Capital bought 16,209 shares at $13.98 across 3 transactions (May 18–19); stock up +207.0% in 90 days, all prior RLYB buys well-timed.
Adar1 Capital Management, the 10% owner, executed 3 separate purchases totaling 16,209 shares for $226,563.18 at an average blended price of $13.98, increasing holdings by 1.8% to 926,352 shares. The stock has rallied +207.0% over the prior 90 days and currently trades at $14.58, sitting -4.8% from its 52-week high of $15.31. Across all prior trades at Rallybio (3 prior buys), the insider's timing has been perfect: all 3 prior buys posted positive 90-day returns, with the most recent buy on 2026-05-05 generating a +0.2% 90-day return. The company remains unprofitable (net income $-8,278,000.00 in the latest quarter) despite +43.0% annual revenue growth and a market cap of $77,246,837.46, creating a profile of early-stage biotech risk typical of this insider's investment pattern.