<SEC-DOCUMENT>0001972362-25-000484.txt : 20250516
<SEC-HEADER>0001972362-25-000484.hdr.sgml : 20250516
<ACCEPTANCE-DATETIME>20250516172155
ACCESSION NUMBER:		0001972362-25-000484
CONFORMED SUBMISSION TYPE:	144
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20250516
DATE AS OF CHANGE:		20250516

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			FENNEC PHARMACEUTICALS INC.
		CENTRAL INDEX KEY:			0001211583
		STANDARD INDUSTRIAL CLASSIFICATION:	BIOLOGICAL PRODUCTS (NO DIAGNOSTIC SUBSTANCES) [2836]
		ORGANIZATION NAME:           	03 Life Sciences
		EIN:				000000000
		STATE OF INCORPORATION:			A1
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		144
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	001-32295
		FILM NUMBER:		25960658

	BUSINESS ADDRESS:	
		STREET 1:		PO BOX 13628
		STREET 2:		68 TW ALEXANDER DRIVE
		CITY:			RESEARCH TRIANGLE PARK
		STATE:			NC
		ZIP:			27709
		BUSINESS PHONE:		(919) 636-4530

	MAIL ADDRESS:	
		STREET 1:		PO BOX 13628
		STREET 2:		68 TW ALEXANDER DRIVE
		CITY:			RESEARCH TRIANGLE PARK
		STATE:			NC
		ZIP:			27709

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	FENNEC PHARMACEUTICALS, INC.
		DATE OF NAME CHANGE:	20140903

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ADHEREX TECHNOLOGIES INC
		DATE OF NAME CHANGE:	20021223

REPORTING-OWNER:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Raykov Rosty
		CENTRAL INDEX KEY:			0001468316
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		144

	MAIL ADDRESS:	
		STREET 1:		C/O ADHEREX TECHNOLOGIES INC.
		STREET 2:		4620 CREEKSTONE DRIVE, SUITE 200
		CITY:			DURHAM
		STATE:			NC
		ZIP:			27703
</SEC-HEADER>
<DOCUMENT>
<TYPE>144
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
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      <filer>
        <filerCredentials>
          <cik>0001468316</cik>
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      <issuerCik>0001211583</issuerCik>
      <issuerName>FENNEC PHARMACEUTICALS INC.</issuerName>
      <secFileNumber>001-32295</secFileNumber>
      <issuerAddress>
        <com:street1>PO BOX 13628</com:street1>
        <com:street2>68 TW ALEXANDER DRIVE</com:street2>
        <com:city>RESEARCH TRIANGLE PARK</com:city>
        <com:stateOrCountry>NC</com:stateOrCountry>
        <com:zipCode>27709</com:zipCode>
      </issuerAddress>
      <issuerContactPhone>(919) 636-4530</issuerContactPhone>
      <nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>Raykov Rosty</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
      <relationshipsToIssuer>
        <relationshipToIssuer>Director</relationshipToIssuer>
      </relationshipsToIssuer>
    </issuerInfo>
    <securitiesInformation>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <brokerOrMarketmakerDetails>
        <name>Morgan Stanley Smith Barney LLC Executive Services</name>
        <address>
          <com:street1>1 NEW YORK PLAZA, 8TH FLOOR</com:street1>
          <com:city>NEW YORK</com:city>
          <com:stateOrCountry>NY</com:stateOrCountry>
          <com:zipCode>10004</com:zipCode>
        </address>
      </brokerOrMarketmakerDetails>
      <noOfUnitsSold>16667</noOfUnitsSold>
      <aggregateMarketValue>100168.67</aggregateMarketValue>
      <noOfUnitsOutstanding>27618743</noOfUnitsOutstanding>
      <approxSaleDate>05/16/2025</approxSaleDate>
      <securitiesExchangeName>NASDAQ</securitiesExchangeName>
    </securitiesInformation>
    <securitiesToBeSold>
      <securitiesClassTitle>COMMON</securitiesClassTitle>
      <acquiredDate>12/20/2024</acquiredDate>
      <natureOfAcquisitionTransaction>EXERCISED SHARES</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>ISSUER</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>16667</amountOfSecuritiesAcquired>
      <paymentDate>12/20/2024</paymentDate>
      <natureOfPayment>CASH</natureOfPayment>
    </securitiesToBeSold>
    <nothingToReportFlagOnSecuritiesSoldInPast3Months>N</nothingToReportFlagOnSecuritiesSoldInPast3Months>
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      <sellerDetails>
        <name>ROSTISLAV RAYKOV</name>
        <address>
          <com:street1>PO BOX 13628</com:street1>
          <com:street2>68 TW ALEXANDER DRIVE, RESEARCH</com:street2>
          <com:city>TRIANGLE PARK</com:city>
          <com:stateOrCountry>NC</com:stateOrCountry>
          <com:zipCode>27709</com:zipCode>
        </address>
      </sellerDetails>
      <securitiesClassTitle>COMMON</securitiesClassTitle>
      <saleDate>05/05/2025</saleDate>
      <amountOfSecuritiesSold>10000</amountOfSecuritiesSold>
      <grossProceeds>63078.69</grossProceeds>
    </securitiesSoldInPast3Months>
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      <sellerDetails>
        <name>ROSTISLAV RAYKOV</name>
        <address>
          <com:street1>PO BOX 13628</com:street1>
          <com:street2>68 TW ALEXANDER DRIVE, RESEARCH</com:street2>
          <com:city>TRIANGLE PARK</com:city>
          <com:stateOrCountry>NC</com:stateOrCountry>
          <com:zipCode>27709</com:zipCode>
        </address>
      </sellerDetails>
      <securitiesClassTitle>COMMON</securitiesClassTitle>
      <saleDate>04/04/2025</saleDate>
      <amountOfSecuritiesSold>10000</amountOfSecuritiesSold>
      <grossProceeds>52537.47</grossProceeds>
    </securitiesSoldInPast3Months>
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        <name>ROSTISLAV RAYKOV</name>
        <address>
          <com:street1>PO BOX 13628</com:street1>
          <com:street2>68 TW ALEXANDER DRIVE, RESEARCH</com:street2>
          <com:city>TRIANGLE PARK</com:city>
          <com:stateOrCountry>NC</com:stateOrCountry>
          <com:zipCode>27709</com:zipCode>
        </address>
      </sellerDetails>
      <securitiesClassTitle>COMMON</securitiesClassTitle>
      <saleDate>03/05/2025</saleDate>
      <amountOfSecuritiesSold>10000</amountOfSecuritiesSold>
      <grossProceeds>67930.57</grossProceeds>
    </securitiesSoldInPast3Months>
    <noticeSignature>
      <noticeDate>05/16/2025</noticeDate>
      <signature>/s/ Rostislav Raykov</signature>
    </noticeSignature>
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