other material
confidence high
sentiment neutral
materiality 0.50
Tvardi Therapeutics increases ATM offering by up to $9.7M
Tvardi Therapeutics, Inc.
- Filed prospectus supplement to increase ATM offering capacity by $9,689,765 in common stock.
- Prior 12-month sales under existing program: 3,110,769 shares for ~$11.0M gross proceeds.
- Offering subject to 'baby shelf' rule; non-affiliate market value $62.2M based on 12.4M shares at $5.00.
- No additional shares will be sold under prior prospectus after supplement date.
- Legal opinion from Cooley LLP filed as Exhibit 5.1.