TVRD

Tvardi Therapeutics, Inc.

TVRD stock: dilution — what the SEC filings say, updated every weekday morning.

Nasdaq · Pharmaceutical Preparations · EDGAR filings (CIK 1346830) · 2 signals · 0 setups · updated Sep 22, 2026

What the filings say Pressure ▼

The dilution already happened: share count is up 25%+ versus the prior period.

Radar 36 (low attention) · dilution pressure elevated · listing risk low · governance risk low · runway 6.2 mo · strongest signal: Share count +25% (Jun 30, 2026)

Direction is stated for existing shareholders (▼ more shares / survival or listing risk; ▲ insiders or holders buying). It is a characterization of the filings, not a forecast or a recommendation.

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36Radar · attention score (0–100)

48Dilution pressure · financing + balance sheet

0Listing risk · exchange standards

0Governance risk · reporting, auditor, going concern

Analyst note

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Alerts

One email the morning TVRD files anything that matches your rules (types, minimum score, setups).

12-month history

Every signal and setup for TVRD back a year, not just 30 days — see how the current setup built.

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Balance sheet (XBRL)

$15.8Mcash + short-term investments as of Jun 30, 2026

6.2 moestimated runway (annualized 180-day YTD operating cash flow [companyfacts])

$8.4Mstockholders' equity as of Jun 30, 2026

$207.2Mpublic float (10-K cover)

13.3Mshares outstanding as of Aug 11, 2026 · was 9.4M May 5, 2026

Runway = liquidity ÷ monthly operating burn at the latest reported period · balance sheet 84 days old. A financing after the balance-sheet date is the main reason a figure can be stale — check the timeline below for offerings since then.

Signal timeline

Last 30 days of filing signals plus current balance-sheet flags, newest first. ▼ pressure · ▲ support · hover a score for its components; every row links to the filing.

Date	Signal	Evidence	Score
Jun 30, 2026	▼ Share count +25%	Shares outstanding 9,381,344 (2026-05-05) -> 13,338,943 (2026-08-11), +42% filing	35
Jun 30, 2026	▼ Runway 6–12 months	~6.2 months runway: liquidity $15,765,000 as of 2026-06-30, burn $30,593,083/yr (annualized 180-day YTD operating cash flow [companyfacts]) filing	24

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