<SEC-DOCUMENT>0001950047-25-004861.txt : 20250703
<SEC-HEADER>0001950047-25-004861.hdr.sgml : 20250703
<ACCEPTANCE-DATETIME>20250703140113
ACCESSION NUMBER:		0001950047-25-004861
CONFORMED SUBMISSION TYPE:	144
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20250703
DATE AS OF CHANGE:		20250703

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:		251104984

	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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            <issuerName>FENNEC PHARMACEUTICALS INC.</issuerName>
            <secFileNumber>001-32295</secFileNumber>
            <issuerAddress>
                <ns2:street1>PO BOX 13628, 68 TW ALEXANDER DRIVE</ns2:street1>
                <ns2:city>Research Triangle Park</ns2:city>
                <ns2:stateOrCountry>NC</ns2:stateOrCountry>
                <ns2:zipCode>27709</ns2:zipCode>
            </issuerAddress>
            <issuerContactPhone>(919) 636-4530</issuerContactPhone>
            <nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>ROSTISLAV RAYKOV</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
            <relationshipsToIssuer>
                <relationshipToIssuer>Director</relationshipToIssuer>
            </relationshipsToIssuer>
        </issuerInfo>
        <securitiesInformation>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <brokerOrMarketmakerDetails>
                <name>Morgan Stanley Smith Barney LLC Executive Financial Services</name>
                <address>
                    <ns2:street1>1 New York Plaza</ns2:street1>
                    <ns2:street2>8th Floor</ns2:street2>
                    <ns2:city>New York</ns2:city>
                    <ns2:stateOrCountry>NY</ns2:stateOrCountry>
                    <ns2:zipCode>10004</ns2:zipCode>
                </address>
            </brokerOrMarketmakerDetails>
            <noOfUnitsSold>10000</noOfUnitsSold>
            <aggregateMarketValue>86102.00</aggregateMarketValue>
            <noOfUnitsOutstanding>27618743</noOfUnitsOutstanding>
            <approxSaleDate>07/03/2025</approxSaleDate>
            <securitiesExchangeName>NASDAQ</securitiesExchangeName>
        </securitiesInformation>
        <securitiesToBeSold>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <acquiredDate>06/30/2025</acquiredDate>
            <natureOfAcquisitionTransaction>Restricted Stock</natureOfAcquisitionTransaction>
            <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
            <isGiftTransaction>N</isGiftTransaction>
            <amountOfSecuritiesAcquired>2430</amountOfSecuritiesAcquired>
            <paymentDate>06/30/2025</paymentDate>
            <natureOfPayment>Not Applicable</natureOfPayment>
        </securitiesToBeSold>
        <securitiesToBeSold>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <acquiredDate>05/16/2025</acquiredDate>
            <natureOfAcquisitionTransaction>Restricted Stock</natureOfAcquisitionTransaction>
            <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
            <isGiftTransaction>N</isGiftTransaction>
            <amountOfSecuritiesAcquired>7570</amountOfSecuritiesAcquired>
            <paymentDate>05/16/2025</paymentDate>
            <natureOfPayment>Not Applicable</natureOfPayment>
        </securitiesToBeSold>
        <nothingToReportFlagOnSecuritiesSoldInPast3Months>N</nothingToReportFlagOnSecuritiesSoldInPast3Months>
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            <sellerDetails>
                <name>ROSTISLAV RAYKOV</name>
                <address>
                    <ns2:street1>PO BOX 13628, 68 TW ALEXANDER DRIVE</ns2:street1>
                    <ns2:city>Research Triangle Park</ns2:city>
                    <ns2:stateOrCountry>NC</ns2:stateOrCountry>
                    <ns2:zipCode>27709</ns2:zipCode>
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            <securitiesClassTitle>Common</securitiesClassTitle>
            <saleDate>06/05/2025</saleDate>
            <amountOfSecuritiesSold>5139</amountOfSecuritiesSold>
            <grossProceeds>39971.66</grossProceeds>
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                    <ns2:zipCode>27709</ns2:zipCode>
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            <securitiesClassTitle>Common</securitiesClassTitle>
            <saleDate>06/05/2025</saleDate>
            <amountOfSecuritiesSold>2431</amountOfSecuritiesSold>
            <grossProceeds>18908.56</grossProceeds>
        </securitiesSoldInPast3Months>
        <securitiesSoldInPast3Months>
            <sellerDetails>
                <name>ROSTISLAV RAYKOV</name>
                <address>
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                    <ns2:city>Research Triangle Park</ns2:city>
                    <ns2:stateOrCountry>NC</ns2:stateOrCountry>
                    <ns2:zipCode>27709</ns2:zipCode>
                </address>
            </sellerDetails>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <saleDate>06/05/2025</saleDate>
            <amountOfSecuritiesSold>2430</amountOfSecuritiesSold>
            <grossProceeds>18900.78</grossProceeds>
        </securitiesSoldInPast3Months>
        <securitiesSoldInPast3Months>
            <sellerDetails>
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                    <ns2:stateOrCountry>NC</ns2:stateOrCountry>
                    <ns2:zipCode>27709</ns2:zipCode>
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            <securitiesClassTitle>Common</securitiesClassTitle>
            <saleDate>05/16/2025</saleDate>
            <amountOfSecuritiesSold>16667</amountOfSecuritiesSold>
            <grossProceeds>113002.26</grossProceeds>
        </securitiesSoldInPast3Months>
        <securitiesSoldInPast3Months>
            <sellerDetails>
                <name>ROSTISLAV RAYKOV</name>
                <address>
                    <ns2:street1>PO BOX 13628, 68 TW ALEXANDER DRIVE</ns2:street1>
                    <ns2:city>Research Triangle Park</ns2:city>
                    <ns2:stateOrCountry>NC</ns2:stateOrCountry>
                    <ns2:zipCode>27709</ns2:zipCode>
                </address>
            </sellerDetails>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <saleDate>05/05/2025</saleDate>
            <amountOfSecuritiesSold>2983</amountOfSecuritiesSold>
            <grossProceeds>18816.17</grossProceeds>
        </securitiesSoldInPast3Months>
        <securitiesSoldInPast3Months>
            <sellerDetails>
                <name>ROSTISLAV RAYKOV</name>
                <address>
                    <ns2:street1>PO BOX 13628, 68 TW ALEXANDER DRIVE</ns2:street1>
                    <ns2:city>Research Triangle Park</ns2:city>
                    <ns2:stateOrCountry>NC</ns2:stateOrCountry>
                    <ns2:zipCode>27709</ns2:zipCode>
                </address>
            </sellerDetails>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <saleDate>05/05/2025</saleDate>
            <amountOfSecuritiesSold>7017</amountOfSecuritiesSold>
            <grossProceeds>44261.83</grossProceeds>
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        <securitiesSoldInPast3Months>
            <sellerDetails>
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                    <ns2:city>Research Triangle Park</ns2:city>
                    <ns2:stateOrCountry>NC</ns2:stateOrCountry>
                    <ns2:zipCode>27709</ns2:zipCode>
                </address>
            </sellerDetails>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <saleDate>04/04/2025</saleDate>
            <amountOfSecuritiesSold>2431</amountOfSecuritiesSold>
            <grossProceeds>12764.94</grossProceeds>
        </securitiesSoldInPast3Months>
        <securitiesSoldInPast3Months>
            <sellerDetails>
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                    <ns2:stateOrCountry>NC</ns2:stateOrCountry>
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        </securitiesSoldInPast3Months>
        <noticeSignature>
            <noticeDate>07/03/2025</noticeDate>
            <planAdoptionDates>
                <planAdoptionDate>08/23/2024</planAdoptionDate>
            </planAdoptionDates>
            <signature>/s/ Rostislav Raykov</signature>
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