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Cadrenal Therapeutics (CVKD) Files Form 144 to Sell 1,600 Shares

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

Rhea-AI Filing Summary

Cadrenal Therapeutics (CVKD) filed a Form 144 to notify a proposed sale of 1,600 common shares through Morgan Stanley Smith Barney LLC, with an aggregate market value of $22,000. The filing shows 2,046,854 shares outstanding, so the notice covers a very small portion of the company’s outstanding stock. The shares were acquired as founders shares on 05/17/2022 and no payment financing arrangements are indicated. The planned approximate sale date is 08/27/2025. The filer reports no securities sold in the prior three months.

Positive

  • None.

Negative

  • None.

Insights

TL;DR: Small proposed sale of founder shares; immaterial to capitalization but worth monitoring for insider liquidity.

The filing notifies a proposed sale of 1,600 common shares valued at $22,000 through Morgan Stanley Smith Barney. Relative to 2,046,854 shares outstanding, this represents a negligible stake, so the direct impact on share supply and market capitalization is minimal according to the document. The shares were acquired as founders shares on 05/17/2022 and no prior sales in the last three months are reported, consistent with limited insider disposition activity disclosed here.

TL;DR: Routine Rule 144 disclosure for insider liquidity; no governance red flags evident from this notice.

The Form 144 indicates the seller relies on Rule 144 procedures for disposing of restricted founder shares. The filing includes broker details and an explicit representation that the seller is unaware of undisclosed material adverse information. There are no indications in this notice of unusual trading plans, accelerated dispositions, or aggregated sales in the prior three months. Based solely on this filing, governance implications appear routine and procedural.

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 the Form 144 filed by CVKD disclose?

The filing discloses a proposed sale of 1,600 common shares valued at $22,000 through Morgan Stanley Smith Barney with an approximate sale date of 08/27/2025.

How many Cadrenal Therapeutics (CVKD) shares are outstanding per the filing?

The filing lists 2,046,854 shares outstanding.

When and how were the shares to be sold acquired?

The 1,600 shares were acquired as founders shares on 05/17/2022, per the filing.

Has the filer sold any CVKD securities in the past three months?

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

Who is the broker handling the proposed sale?

The broker is listed as Morgan Stanley Smith Barney LLC Executive Financial Services located at 1 New York Plaza, New York, NY.
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Biotechnology
Pharmaceutical Preparations
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United States
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