Highest-materiality recent filing
Cadrenal Therapeutics CFO Matthew Szot leaves; CEO Quang Pham takes interim CFO role
CFO Matthew K. Szot mutually agreed to step down effective May 28, 2026.
Cadrenal Therapeutics Q1 net loss $2.5M; details Phase 3 plan for CAD-1005 in HIT
Net loss $2.5M in Q1 2026 vs $3.8M in Q1 2025; operating expenses $2.5M vs $3.9M.
Phase 2 data showed >25% absolute reduction in thrombotic events when CAD-1005 added to standard anticoagulant therapy.
Cadrenal Therapeutics receives $2.5M gross proceeds from warrant exercise, issues new warrants
Existing warrant holder exercises 571,430 shares at reduced price of $4.50 per share, yielding $2.5M gross proceeds.
Cadrenal Therapeutics reports Q4 net loss of $3.0M, cash $4.0M; CAD-1005 FDA EOP2 meeting completed
Q4 2025 net loss $3.0M vs $4.2M YoY; R&D expenses $0.7M vs $1.5M; G&A $2.4M vs $2.7M.
Cadrenal 12-LOX inhibitor CAD-1005 shows preclinical benefits in obesity and Type 2 diabetes
Preclinical data: CAD-1005 improved glycemic control, reduced pancreatic β-cell loss, and lowered inflammatory cells in adipose/pancreatic tissues.
Cadrenal Therapeutics Phase 2 HIT trial: primary endpoint missed, thrombotic events reduced >25%
Platelet count recovery (primary endpoint) did not differ between CAD-1005 and placebo arms.
Cadrenal Therapeutics files prospectus supplement for up to $1.77M ATM offering
Already sold $10,005,300 in shares under the existing ATM agreement since March 2024.
Gross proceeds of ~$2.2M from sale of 207,374 shares at $10.85 per share and warrants to purchase 414,748 shares.
Cadrenal Therapeutics acquires VLX-1005, a Phase 2 12-LOX inhibitor for HIT, from Veralox
Acquisition closed Dec 10, 2025; upfront cash $200K plus milestone payments up to $15M and 5% royalties on net sales.
Cadrenal Therapeutics appoints Dr. Lee Golden to Board of Directors
Dr. Lee Scott Golden appointed independent Class II director effective Nov 24, 2025; term expires at 2027 annual meeting.
Cadrenal Therapeutics files prospectus supplement for up to $3.4M ATM offering
Filed prospectus supplement to sell up to $3,438,062 of common stock via ATM program with H.C. Wainwright.
Cadrenal Therapeutics Q3 2025 net loss $2.7M; advances tecarfarin and frunexian pipeline
Net loss of $2.7M for Q3 2025 vs $2.4M in Q3 2024; cash and equivalents $3.9M as of Sept 30.
Cadrenal Therapeutics elects Steven Zelenkofske as director; ratifies auditor
At 2025 annual meeting, stockholders elected Steven Zelenkofske as Class III director with 669,494 votes for, 15,099 withheld.
Cadrenal Therapeutics acquires eXIthera's Factor XIa inhibitors for up to $15M in milestones
Acquires frunexian (Phase 2-ready IV FXIa) and EP-7327 (IND-ready oral FXIa) from eXIthera.
Cadrenal reports Q2 net loss $3.7M, cash $5.6M; plans tecarfarin trial in ESKD dialysis patients
Net loss of $3.7M for Q2 2025 versus $2.4M in Q2 2024; G&A increased to $2.7M from $1.2M.
Cadrenal to begin tecarfarin trial in ESKD patients transitioning to dialysis later this year
Trial includes ESKD patients with and without atrial fibrillation, enrollment planned to begin later this year.
Cadrenal director resigns; 2025 annual meeting set for Sept 24, proposal deadline July 28
Director Robert Lisicki resigned from board effective July 15, 2025, with no disagreement with the company.
Cadrenal Therapeutics Q1 net loss widens to $3.8M; cash at $7.3M; tecarfarin development advances
Net loss of $3.8M for Q1 2025 vs $1.7M in Q1 2024; R&D expense $1.7M (up from $0.6M), G&A $2.3M (up from $1.1M).
Cadrenal Therapeutics files ATM prospectus supplement for up to 2.17M shares; $7.7M already sold
Filed prospectus supplement to sell up to 2,169,272 shares of common stock via ATM program with H.C. Wainwright.
Net loss of $10.7M for FY2024 (vs $8.4M in 2023); G&A expenses nearly doubled to $6.8M.
Cadrenal Therapeutics signs collaboration with Abbott to support Phase 3 LVAD trial of tecarfarin
Abbott will share LVAD data from MOMENTUM 3 and ARIES HM3 trials for TECH-LVAD trial design.
Cadrenal appoints James J. Ferguson as CMO; Dr. Douglas Losordo departs
Dr. Ferguson, over 25 years cardiovascular experience, appointed Chief Medical Officer effective Feb 5, 2025.
Cadrenal Therapeutics Q3 2024 cash $11.3M, raises $9.8M from ATM and warrants
Q3 2024 operating expenses $2.5M including $0.3M non-cash; cash used in operations $2.2M.
Cadrenal raises $4.7M via warrant exercise; issues new warrants for additional shares
Exercised 285,715 existing warrants at reduced price of $16.50/share, generating ~$4.7M gross proceeds.
Cadrenal Therapeutics raises $5.1M via ATM facility, selling 391,243 shares at $13.15
Gross proceeds of $5.1M from sale of 391,243 shares at weighted avg price of $13.15/share.
Phase 3 trial planned for LVAD patients: 440 patients randomized 1:1 tecarfarin vs warfarin for 26 weeks.
Cadrenal Therapeutics regains Nasdaq minimum bid price compliance
Received Nasdaq letter on Sept 5 confirming closing bid price >=$1 for 10 consecutive business days (Aug 20-Sept 4).
Cadrenal Therapeutics effects 1-for-15 reverse stock split to meet Nasdaq $1 minimum bid price
Reverse stock split at 1-for-15 effective 12:01 a.m. ET on August 20, 2024; shares reduced from ~16 million to ~1.1 million.
Cadrenal Therapeutics announces 1-for-15 reverse stock split effective Aug 20, 2024
Reverse stock split ratio set at 1-for-15; effective at 12:01 a.m. ET on August 20, 2024.
Cadrenal Therapeutics Provides Q2 2024 Corporate Update and Financial Results
Collaborated with Abbott to advance tecarfarin for LVAD patients using HeartMate 3 device.
Cadrenal partners with Abbott for pivotal tecarfarin trial in LVAD patients
Cadrenal (CVKD) and Abbott (ABT) initiate collaborative effort for tecarfarin pivotal trial in recently implanted LVAD patients.
Cadrenal stockholders approve reverse split, share increase, and equity plan amendment
Approved reverse stock split at Board's discretion (1:2 to 1:20 ratio).
Annual Meeting scheduled for July 29, 2024; record date set as June 6, 2024.
Cadrenal Therapeutics receives FDA Orphan Drug Designation for tecarfarin in VAD patients
FDA granted ODD for tecarfarin to prevent thromboembolism/thrombosis in patients with LVADs, RVADs, biventricular assist devices, and total artificial hearts.
On May 28, 2026, Cadrenal Therapeutics, Inc. (the "Company") and Matthew K. Szot mutually agreed to his transition from the role of Chief Financial Officer, effective May 28, 2026.
Effective immediately after Mr. Szot's termination, the Company appointed Quang X. Pham, its Chief Executive Officer, as interim Chief Financial Officer and interim Principal Accounting Officer, to serve until a permanent Chief Financial Officer is appointed.
On February 4, 2025, Cadrenal Therapeutics, Inc. (the “Company”) entered into an employment agreement with James J. Ferguson III (the “Employment Agreement”), effective as of February 5, 2025 (the “Effective Date”), to employ Dr. Ferguson as the Company’s Chief Medical Officer.
On February 4, 2025, the Company terminated its employment relationship with its Chief Medical Officer, Douglas Losordo, on a mutual amicable basis.
Max materiality 0.85 · Median 0.60 · Most common event other_material