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CVKD files Form 144 to sell 30,600 common shares valued at $428K

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Cadrenal Therapeutics, Inc. (CVKD) filed a Form 144 notifying a proposed sale of 30,600 common shares held by the filer. The shares were acquired in a private placement on 01/25/2022 and the aggregate market value of the shares to be sold is listed as $428,094.00. The form identifies Merrill Lynch (Ponte Vedra Beach, FL) as the broker and lists an approximate sale date of 08/27/2025 on the NASQ exchange. The filing states no securities were sold by the filer in the past three months and includes the standard representation that the seller is not aware of undisclosed material adverse information.

Positive

  • None.

Negative

  • None.

Insights

TL;DR: Routine Form 144 filing for a planned sale of 30,600 shares, reflecting a holder monetizing a private placement stake.

The filing is a standard Rule 144 notice describing an intended sale rather than evidence of completed transactions or operational changes. Key facts are explicit: 30,600 common shares acquired via private placement on 01/25/2022, aggregate market value $428,094, broker Merrill Lynch, and planned sale date 08/27/2025 on NASQ. Absence of sales in the prior three months and the seller's certification about material nonpublic information reduce near-term informational surprises. This notice is informational for market transparency but does not itself alter company fundamentals.

TL;DR: Administrative disclosure of an intended insider/affiliate sale; procedural compliance with Rule 144 is documented.

The form documents compliance with Rule 144 by providing acquisition details, planned broker and sale date, and the filer’s certification regarding material nonpublic information. It identifies the original acquisition as a private placement from the company, which is relevant for establishing holding period and resale eligibility. The filing contains no signatures or dates of notice/plan adoption in the provided content, so completeness of execution elements cannot be confirmed from this extract alone.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does Cadrenal Therapeutics (CVKD) intend to sell under this Form 144?

The filer intends to sell 30,600 common shares through Merrill Lynch with an aggregate market value of $428,094.00.

When were the shares being offered for sale acquired?

The shares were acquired in a private placement on 01/25/2022.

What is the approximate date of the proposed sale listed on the filing?

The filing lists an approximate sale date of 08/27/2025 and the named exchange is NASQ.

Has the filer sold any Cadrenal Therapeutics securities in the past three months?

No. The filing states "Nothing to Report" for securities sold during the past three months.

Which broker is named to execute the sale?

The broker listed is Merrill Lynch located at 824 A1A North Suite 200, Ponte Vedra Beach, FL 32082.
Cadrenal Therape

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0.55%
Biotechnology
Pharmaceutical Preparations
Link
United States
PONTE VEDRA