Form: S-1/A

General form for registration of securities under the Securities Act of 1933

July 24, 2025

Exhibit 107
Calculation of Filing Fee Table
Form S-1
(Form Type)
Shoulder Innovations, Inc.
(Exact Name of Registrant as Specified in its Charter)
Table 1: Newly Registered Securities
Security
Type
Security
Class Title
Fee
Calculation Rule
Amount
Registered
Proposed
Maximum
Offering
Price Per
Security
Maximum
Aggregate
Offering
Price(1)
Fee
Rate
Amount of
Registration
Fee
Fees to be paid
Equity
Common Stock,
$0.001 par value
per share
Rule 457(a) 5,750,000 $21.00 $120,750,000.00
$153.10 per $1,000,000
$18,486.83
Fees 
Previously 
Paid 
Equity
Common Stock,
$0.001 par value
per share
Rule 457(o) $100,000,000.00 $153.10 per $1,000,000 $15,310.00
Total Offering Amounts   $18,486.83
Total Fees Previously Paid   $15,310.00
Total Fee Offsets  
Net Fee Due   $3,176.83
(1)Includes the aggregate offering price of additional shares that the underwriters have the option to purchase to cover over-allotments, if any.