Skip to main content

Aardvark Therapeutics, Inc.

corporate_fare Company Profile

Aardvark Therapeutics, Inc.

AARD·NASDAQ·Life Sciences·CIK 0001774857

Aardvark Therapeutics, Inc. is a clinical-stage biopharmaceutical company that develops new small-molecule treatments to activate natural homeostatic pathways for metabolic diseases. The company focuses on biological pathways linked to hunger relief, aiming for significant patient outcomes. Aardvark Therapeutics develops selective compounds that target Bitter Taste Receptors (TAS2Rs) for conditions related to hunger. Its initial compounds target TAS2Rs found in the gut lumen, which typically respond to food chemicals and are part of the gut-brain axis. Research indicates that activating these receptors can trigger the release of natural signaling molecules such as cholecystokinin (CCK), peptide YY (PYY), and glucagon-like peptide-1 (GLP-1). TAS2Rs are a family of 26 nutrient-sensing G protein-coupled receptors (GPCRs) found in vertebrates, present in the mouth for bitter taste and highly expressed in other tissues where they regulate metabolic and inflammatory pathways. CCK is a pharmaceutical target known to suppress hunger. The company's wholly-owned lead product candidate, ARD-101, is an oral, largely gut-restricted small-molecule agonist of specific TAS2Rs in the gut lumen. ARD-101 induces the body's natural release of CCK through TAS2R agonism, differing from prior approaches that directly agonized CCK receptors and faced safety concerns due to systemic exposure and adverse effects like pancreatitis. Aardvark Therapeutics is not aware of any other approved or clinical-stage candidates targeting certain TAS2Rs besides its own.

Aardvark Therapeutics, Inc. (NASDAQ:AARD) is a publicly traded company in the Life Sciences sector. Wiseek has independently scored 21 items for AARD at importance 7 or higher on its 1–10 market-impact scale. Its most recent item scored 7 or higher is dated 2026-08-11, rated 8/10. Across its 20 most recent items scored 7 or higher, the top rating is 9/10, with 16 rated 8 or above. Recent SEC coverage for AARD spans 10-Q, 8-K, PRE 14A, 424B5.

Recent high-impact activity:

  • Aardvark Q2 2026: $36M net loss, cash runway into late 2027, and the path forward after a clinical hold
  • Aardvark Posts Q2 Loss, Ends Pivotal Trials, and Extends Cash Runway into Late 2027
  • Shareholders to Vote on Repricing 13% of Outstanding Options Amidst Clinical Hold & Stock Collapse
  • Aardvark Therapeutics Awards $703.5K in Retention Bonuses to CFO/COO and CMO Amidst Clinical Hold
  • Hagens Berman Launches Securities Fraud Probe into Aardvark Therapeutics Following ARD-101 Clinical Hold

Financial Snapshot

Fiscal year ended December 31, 2025
Net Income
-$57.59M
Diluted EPS
-$2.93
Op. Cash Flow
-$54.17M
Free Cash Flow
-$54.27M
Operating Income
-$62.73M
Cash & Equivalents
$47.05M
Debt / Equity
0.00×
Shares Outstanding
21.82M sh
Source: 10-K · filed 2026-03-23 · accession 0001193125-26-119770

Dilution Risk

Low risk

Filing-implied dilution signals for AARD, detected from its recent SEC filings · based on capital-structure filings through 2026-04-03.

1 recent capital raiseATM program

Activates $150M At-The-Market Offering · Significant Potential Dilution

⚠ A more recent filing has been published for this ticker since this signal was computed; it may not yet be reflected — see the filings below.

A filing-implied signal, not a realized share count. How Wiseek tracks dilution →

Browse all tickers starting with A →
$5.06
52-week range · as of 2026-05-21 $3.35 – $17.94
Market cap
$110.74M
Volume
71.5K (0.5× avg)
3-mo avg 133.2K
Live data · 2026-09-26 11:40 UTC · Market closed

show_chartPrice Chart

Loading chart...

feed AARD - Latest Insights

AARD
Aug 11, 2026, 5:09 PM EDT
Filing Type: 10-Q
Importance Score:
8
Price at Filing: $7.33
Real-time Price: $5.06 info
Change: -$2.27 (-31%) info
Market Cap: $110.737M info
AARD
Aug 11, 2026, 5:05 PM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $7.33
Real-time Price: $5.06 info
Change: -$2.27 (-31%) info
Market Cap: $110.737M info
AARD
Jun 29, 2026, 4:05 PM EDT
Filing Type: PRE 14A
Importance Score:
8
Price at Filing: $5.18
Real-time Price: $5.06 info
Change: -$0.120 (-2%) info
Market Cap: $110.737M info
AARD
Jun 12, 2026, 4:05 PM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $3.90
Real-time Price: $5.06 info
Change: +$1.16 (+30%) info
Market Cap: $110.737M info
AARD
May 21, 2026, 9:00 AM EDT
Source: PR Newswire
Importance Score:
8
Price at Filing: $4.37
Real-time Price: $5.06 info
Change: +$0.690 (+16%) info
Market Cap: $110.737M info
AARD
May 14, 2026, 4:15 PM EDT
Filing Type: 8-K
Importance Score:
9
Price at Filing: $6.10
Real-time Price: $5.06 info
Change: -$1.04 (-17%) info
Market Cap: $110.737M info
AARD
May 07, 2026, 9:32 AM EDT
Filing Type: 10-Q
Importance Score:
7
Price at Filing: $5.72
Real-time Price: $5.06 info
Change: -$0.660 (-12%) info
Market Cap: $110.737M info
AARD
May 07, 2026, 9:28 AM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $5.81
Real-time Price: $5.06 info
Change: -$0.750 (-13%) info
Market Cap: $110.737M info
AARD
May 07, 2026, 8:00 AM EDT
Source: GlobeNewswire
Importance Score:
7
Price at Filing: $5.81
Real-time Price: $5.06 info
Change: -$0.750 (-13%) info
Market Cap: $110.737M info
AARD
Apr 03, 2026, 4:05 PM EDT
Filing Type: 424B5
Importance Score:
9
Price at Filing: $4.36
Real-time Price: $5.06 info
Change: +$0.700 (+16%) info
Market Cap: $110.737M info
AARD
Mar 23, 2026, 6:30 PM EDT
Filing Type: 8-K
Importance Score:
9
Price at Filing: $4.00
Real-time Price: $5.06 info
Change: +$1.06 (+26%) info
Market Cap: $110.737M info
AARD
Mar 23, 2026, 5:10 PM EDT
Filing Type: S-3
Importance Score:
9
Price at Filing: $4.14
Real-time Price: $5.06 info
Change: +$0.920 (+22%) info
Market Cap: $110.737M info
AARD
Mar 23, 2026, 4:45 PM EDT
Source: Reuters
Importance Score:
8
Price at Filing: $4.14
Real-time Price: $5.06 info
Change: +$0.920 (+22%) info
Market Cap: $110.737M info
AARD
Mar 23, 2026, 4:19 PM EDT
Filing Type: 10-K
Importance Score:
9
Price at Filing: $4.14
Real-time Price: $5.06 info
Change: +$0.920 (+22%) info
Market Cap: $110.737M info
AARD
Mar 23, 2026, 4:09 PM EDT
Filing Type: 8-K
Importance Score:
9
Price at Filing: $4.14
Real-time Price: $5.06 info
Change: +$0.920 (+22%) info
Market Cap: $110.737M info
AARD
Mar 23, 2026, 4:05 PM EDT
Source: GlobeNewswire
Importance Score:
9
Price at Filing: $4.07
Real-time Price: $5.06 info
Change: +$0.995 (+24%) info
Market Cap: $110.737M info
AARD
Feb 27, 2026, 4:27 PM EST
Filing Type: 8-K
Importance Score:
9
Price at Filing: $6.50
Real-time Price: $5.06 info
Change: -$1.44 (-22%) info
Market Cap: $110.737M info
AARD
Feb 27, 2026, 4:05 PM EST
Source: GlobeNewswire
Importance Score:
9
Price at Filing: $12.49
Real-time Price: $5.06 info
Change: -$7.43 (-59%) info
Market Cap: $110.737M info
AARD
Feb 12, 2026, 8:17 AM EST
Filing Type: 8-K
Importance Score:
8
Price at Filing: $12.67
Real-time Price: $5.06 info
Change: -$7.61 (-60%) info
Market Cap: $110.737M info
AARD
Feb 10, 2026, 8:14 AM EST
Filing Type: 8-K
Importance Score:
7
Price at Filing: $13.06
Real-time Price: $5.06 info
Change: -$8.00 (-61%) info
Market Cap: $110.737M info
Research tools: Filing Impact Index Dilution Tracker Split Calendar Open Datasets