Cadrenal Therapeutics registers 590,001 shares
Cadrenal Therapeutics registered 590,001 shares of Common Stock for resale under a prospectus supplement to its Form S-3 registration statement.
Rhea-AI Filing Summary
Cadrenal Therapeutics registered 590,001 shares of Common Stock for resale under a prospectus supplement to its Form S-3 registration statement. The supplement states that 571,430 of those shares are issuable upon exercise of Existing Warrants that were amended on March 31, 2026 to reduce the exercise price from $16.50 to $4.50. The supplement covers resale "from time to time," and the prospectus remains qualified by the underlying Form S-3 prospectus.
The company reports a Nasdaq closing price of $5.12 per share as of March 31, 2026. The supplement updates warrant terms and registers the related shares; other prospectus terms continue to apply.
Positive
- None.
Negative
- None.
Key Figures
Key Terms
Prospectus supplement regulatory
Existing Warrants financial
Private Placement financial
Offering Details
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the prospectus supplement for CVKD register?
How many warrants were amended and what changed for CVKD?
Will Cadrenal receive proceeds from sales under this registration?
What is the market price context included in the supplement?
When did the warrant amendment take effect for CVKD?
AI-generated analysis. How Rhea-AI works. Not financial advice.