diff --git a/apps/desktop/src/contrib/runtime-loader.test.ts b/apps/desktop/src/contrib/runtime-loader.test.ts
index ec26123936..fd2b118343 100644
--- a/apps/desktop/src/contrib/runtime-loader.test.ts
+++ b/apps/desktop/src/contrib/runtime-loader.test.ts
@@ -650,6 +650,85 @@ export default { id: 'quoted-spec', register: () => { globalThis.__captured = do
     }
   })
 
+  it('a backtick inside a regex literal does not flip code/string classification (#120208)', async () => {
+    // The regex backtick must not open a template: the react import after it
+    // stays code and is rewritten to the shim, not left bare.
+    const restore = withBlobReroute()
+
+    try {
+      const id = await loadRuntimePlugin(
+        "const backtick = /`/\nimport { useState } from 'react'\nconst label = `ok`\nexport default { id: 'repro', register() { void useState; void label; void backtick } }",
+        'repro'
+      )
+
+      expect(id).toBe('repro')
+      expect($pluginRecords.get()['repro']).toMatchObject({ status: 'loaded' })
+    } finally {
+      unloadRuntimePlugin('repro')
+      restore()
+    }
+  })
+
+  it('rewrites imports after the entities htmlReplacer regex (#120208)', async () => {
+    // entities 6.0.1 encode.js (via the hermes-toolsmith bundle): the
+    // character class contains a backtick, then SDK/react imports follow.
+    const restore = withBlobReroute()
+
+    try {
+      const id = await loadRuntimePlugin(
+        "var htmlReplacer = /[\\t\\n\\f!-,./:-@[-`{-}\\^@-\\uFFFF]/g;\nimport { host } from '@hermes/plugin-sdk'\nconst label = `ok`\nexport default { id: 'entities-re', register() { void host; void label; void htmlReplacer } }",
+        'entities-re'
+      )
+
+      expect(id).toBe('entities-re')
+      expect($pluginRecords.get()['entities-re']).toMatchObject({ status: 'loaded' })
+    } finally {
+      unloadRuntimePlugin('entities-re')
+      restore()
+    }
+  })
+
+  it('divisions stay code: imports after real division still rewrite (#120208)', async () => {
+    // The other direction: `/` between two values is a division, not a
+    // pattern, so the import below must still be seen and rewritten.
+    const restore = withBlobReroute()
+
+    try {
+      const id = await loadRuntimePlugin(
+        "const total = 10, count = 4, earned = 6\nconst half = total / count + earned / 2\nimport { host } from '@hermes/plugin-sdk'\nconst label = `n=${half}`\nexport default { id: 'division', register() { void host; void label } }",
+        'division'
+      )
+
+      expect(id).toBe('division')
+      expect($pluginRecords.get()['division']).toMatchObject({ status: 'loaded' })
+    } finally {
+      unloadRuntimePlugin('division')
+      restore()
+    }
+  })
+
+  it('does not read import syntax inside a regex literal (#120208)', async () => {
+    // A regex body is not code: `from 'react'` inside it must not be
+    // rewritten in place (which would corrupt the pattern).
+    const restore = withBlobReroute()
+
+    try {
+      ;(globalThis as unknown as { __capturedRe?: unknown }).__capturedRe = undefined
+
+      const id = await loadRuntimePlugin(
+        "const re = /from 'react'/\nexport default { id: 'regex-spec', register: () => { globalThis.__capturedRe = re.source } }",
+        'regex-spec'
+      )
+
+      expect(id).toBe('regex-spec')
+      expect((globalThis as unknown as { __capturedRe?: string }).__capturedRe).toBe("from 'react'")
+    } finally {
+      unloadRuntimePlugin('regex-spec')
+      delete (globalThis as unknown as { __capturedRe?: unknown }).__capturedRe
+      restore()
+    }
+  })
+
   it('still rewrites a real mapped import', async () => {
     // The fix must not swing the other way: the SDK import is the load path.
     const restore = withBlobReroute()
diff --git a/apps/desktop/src/contrib/runtime-loader.ts b/apps/desktop/src/contrib/runtime-loader.ts
index 3ad0bd719a..1bd2810c7b 100644
--- a/apps/desktop/src/contrib/runtime-loader.ts
+++ b/apps/desktop/src/contrib/runtime-loader.ts
@@ -75,7 +75,101 @@ const importSpecifierRe = () => /(from\s*|import\s*\(\s*|import\s+)(['"])([^'"]+
  *  specifier regex is not syntax-aware, so this is what keeps a plugin's own
  *  copy and comments — `const label = 'Copy keys from'`, `// import 'x'` —
  *  from being read as import syntax (rejected as "unsupported import") or
- *  rewritten in place (a mapped specifier inside a string must stay verbatim). */
+ *  rewritten in place (a mapped specifier inside a string must stay verbatim).
+ *  Regex literals are excluded too: a quote or backtick inside a pattern
+ *  (#120208) must not open a string/template state. */
+
+/** Keywords after which a `/` opens a regex literal, never a division. */
+const regexKeywordRe = /^(?:await|case|delete|do|else|in|instanceof|new|of|return|throw|typeof|void|yield)$/
+
+/** True when the `/` at `slash` (already known not to start `//` or `/*`)
+ *  opens a regex literal: the previous significant char cannot end a value.
+ *  Standard division-vs-regex heuristic. */
+function isRegexStart(source: string, slash: number): boolean {
+  let j = slash - 1
+
+  while (j >= 0 && /\s/.test(source[j])) {
+    j -= 1
+  }
+
+  if (j < 0) {
+    return true
+  }
+
+  const prev = source[j]
+
+  // Postfix `++`/`--` ends a value (division); a lone `+`/`-` cannot.
+  if (prev === '+' || prev === '-') {
+    return source[j - 1] !== prev
+  }
+
+  // Identifier, number, string/template end, `)` or `]` end a value.
+  if (prev === ')' || prev === ']' || prev === "'" || prev === '"' || prev === '`') {
+    return false
+  }
+
+  // Block-end `}` resolves toward regex — `} /re/` (statement-start
+  // pattern) is real code, `} / 2` (dividing a block) is not. Revisit if a
+  // plugin ever divides a block result.
+  if (prev === '}') {
+    return true
+  }
+
+  if (/[A-Za-z0-9_$]/.test(prev)) {
+    let k = j
+
+    while (k >= 0 && /[A-Za-z0-9_$]/.test(source[k])) {
+      k -= 1
+    }
+
+    // `x.return / 2` divides a property, it is not `return /re/`.
+    if (source[k] === '.') {
+      return false
+    }
+
+    return regexKeywordRe.test(source.slice(k + 1, j + 1))
+  }
+
+  return true
+}
+
+/** End offset (exclusive) of the regex literal opened at `slash`, or -1 when
+ *  the pattern never closes on this line (so the `/` was a division).
+ *  Escapes and `[...]` classes are honored so a quote or backtick inside the
+ *  pattern (#120208) cannot leak into the surrounding lex. */
+function regexEnd(source: string, slash: number): number {
+  let j = slash + 1
+  let inClass = false
+
+  while (j < source.length) {
+    const c = source[j]
+
+    if (c === '\\') {
+      j += 2
+    } else if (c === '\n') {
+      return -1
+    } else if (c === '[') {
+      inClass = true
+      j += 1
+    } else if (c === ']') {
+      inClass = false
+      j += 1
+    } else if (c === '/' && !inClass) {
+      j += 1
+
+      while (j < source.length && /[A-Za-z]/.test(source[j])) {
+        j += 1
+      }
+
+      return j
+    } else {
+      j += 1
+    }
+  }
+
+  return -1
+}
+
 function codeRanges(source: string): Array<[number, number]> {
   const ranges: Array<[number, number]> = []
   const stack: Array<'expr' | 'template'> = []
@@ -115,6 +209,21 @@ function codeRanges(source: string): Array<[number, number]> {
         stack.push('template')
         state = 'template'
         i += 1
+      } else if (ch === '/') {
+        // A lone `/` (not `//` or `/*`, handled above) opens a regex literal
+        // when the previous significant token cannot end a value (#120208).
+        // Otherwise it is a division and stays plain code.
+        const end = isRegexStart(source, i) ? regexEnd(source, i) : -1
+
+        if (end > 0) {
+          // The pattern is not code: import-looking text inside it must
+          // neither match nor be rewritten in place.
+          closeCode(i)
+          i = end
+          codeStart = i
+        } else {
+          i += 1
+        }
       } else if (ch === '}' && stack[stack.length - 1] === 'expr') {
         closeCode(i)
         stack.pop()