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Aardvark Therapeutics SEC Filings

AARD NASDAQ

Welcome to our dedicated page for Aardvark Therapeutics SEC filings (Ticker: AARD), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.

The Aardvark Therapeutics, Inc. (Nasdaq: AARD) SEC filings page on Stock Titan provides access to the company’s regulatory disclosures as filed with the U.S. Securities and Exchange Commission. As a clinical-stage biopharmaceutical issuer, Aardvark uses forms such as Form 8-K to report material events, clinical and scientific updates, and quarterly financial results related to its pipeline of small-molecule therapies for Prader-Willi Syndrome and metabolic diseases.

Recent AARD filings include Form 8-K reports furnishing quarterly financial results and business updates, such as results for periods ended June 30 and September 30, along with commentary on research and development spending, general and administrative expenses, and cash, cash equivalents, and short-term investments. These filings often incorporate press releases as exhibits, giving investors a consolidated view of the company’s financial condition and development plans.

Aardvark also files 8-Ks under Items 7.01 and 8.01 to describe clinical and scientific milestones, including presentations at ObesityWeek, new preclinical data on ARD-201 and WE-868, and alignment with the U.S. Food and Drug Administration on protocol amendments to the Phase 3 HERO trial of ARD-101 in Prader-Willi Syndrome. Other 8-Ks document investor webinars reviewing ARD-101 and ARD-201 programs and provide access to slide presentations used in those events.

Through Stock Titan, these filings are supplemented with AI-powered summaries that highlight key points from lengthy documents, helping readers quickly identify information on topics such as clinical trial progress, regulatory interactions, financial trends, and risk factor references. Users can monitor new 8-Ks and, when available, 10-Q and 10-K reports to follow how Aardvark describes its pipeline, capital resources, and development risks over time.

For those researching AARD stock, this filings page offers a structured way to review the company’s official disclosures, including material events, scientific data announcements, and financial reporting, with tools that make complex SEC documents easier to interpret.

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Aardvark Therapeutics insider form 4 reports the CEO and director, Lee Tien-Li, acquired 17,209 shares on 08/28/2025 through the exercise/transfer of derivative awards at a reported price of $4.24 per share. After the transaction, Mr. Lee directly beneficially owns 1,513,384 shares and indirectly beneficially owns 1,474,028 shares through his spouse, for combined disclosure-level holdings shown on the form. The filing lists a related stock option covering 17,209 shares with an expiration date of 07/20/2034 and references a vesting schedule (1/48th monthly starting 07/27/2024). The form is signed by an attorney-in-fact on 08/29/2025.

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Aardvark Therapeutics filed a Form 144 reporting a proposed sale of 27,691 common shares on NASDAQ with an aggregate market value of $241,565.21. The shares represent a small portion of the company’s listed outstanding shares (21,696,893). The filer acquired the shares on 05/16/2019 in a private acquisition from the issuer and paid cash. No securities were reported sold by the same person in the past three months. The notice includes the standard representation that the seller is not aware of undisclosed material adverse information about the issuer.

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Aardvark Therapeutics, Inc. filed a Form S-8 to register securities under the 2025 Inducement Equity Incentive Plan, making the plan documents and related stock award agreements part of the company's registration record. The filing incorporates by reference the company's recent annual and quarterly reports, a current report and the description of its common stock, so those reports together form the prospectus for employees and other plan participants.

The registrant indicates it is a non-accelerated filer, a smaller reporting company and an emerging growth company. The company describes its charter and bylaw provisions that limit director and officer monetary liability to the fullest extent permitted by Delaware law and details indemnification rights, advancement of expenses, and indemnification agreements with directors and executive officers. The filing also states that the company maintains insurance covering directors and officers for certain wrongful acts.

Exhibits listed include the Amended and Restated Certificate of Incorporation and Bylaws, the 2025 Inducement Equity Incentive Plan and forms of award agreements, legal opinion and accounting and counsel consents, and a filing fee table. The text provided does not include offering size, pricing or detailed financial terms of the awards in this extract.

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Aardvark Therapeutics is a clinical-stage biopharmaceutical company focused on TAS2R-targeting small molecules to treat hunger-associated metabolic diseases. The company has initiated a potentially pivotal Phase 3 HERO trial for its lead candidate ARD-101 (enrollment began in Q2 2025) and submitted a protocol amendment in August 2025 to broaden eligibility (removing certain exclusions and adding patients under age 13), and expects HERO topline data in Q3 2026. The company also plans Phase 2 programs: HONOR (HO) in H2 2025, POWER in H2 2025 and STRENGTH in H1 2026.

On the balance sheet, Aardvark completed an IPO in February 2025 (6,120,661 shares at $16.00) and had combined cash, cash equivalents and short-term investments of $141.8 million at June 30, 2025, which management believes is sufficient for at least one year. Operating losses widened to a $14.4 million net loss for the three months ended June 30, 2025 (six months: $23.7 million), an accumulated deficit of $82.0 million, and six-month operating cash use of $21.2 million. The company discloses potential milestone obligations totaling $180.5 million and a written-off related-party receivable of $2.368 million.

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Aardvark Therapeutics, Inc. reported that it issued a press release on August 13, 2025 detailing its financial results for the second quarter ended June 30, 2025, along with updates on its drug development pipeline and overall business. The press release is provided as Exhibit 99.1 and gives the full results and operational commentary.

The company specifies that this press release and related information are being furnished rather than filed, meaning they are not subject to certain legal liabilities under the Securities Exchange Act and are not automatically incorporated into other securities law documents unless specifically referenced.

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Aardvark Therapeutics disclosed via this Current Report that it issued a press release announcing new positive preclinical data demonstrating the potential of ARD-201 for the treatment of metabolic obesity and obesity-related conditions. The company states the full text of the press release is filed as Exhibit 99.1 to the report and is incorporated by reference.

The filing does not include clinical data, quantitative results, financial statements, or a timetable for next steps; the report also identifies the registrant as an emerging growth company. Consult Exhibit 99.1 for the full press release text and any data not contained in the 8-K.

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FAQ

What is the current stock price of Aardvark Therapeutics (AARD)?

The current stock price of Aardvark Therapeutics (AARD) is $5.795 as of March 10, 2026.

What is the market cap of Aardvark Therapeutics (AARD)?

The market cap of Aardvark Therapeutics (AARD) is approximately 132.6M.

AARD Rankings

AARD Stock Data

132.60M
18.60M
Biotechnology
Pharmaceutical Preparations
Link
United States
SAN DIEGO

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