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Cadrenal Therapeutics, Inc.

corporate_fare Company Profile

Cadrenal Therapeutics, Inc.

CVKD·NASDAQ·Life Sciences·CIK 0001937993

The Company is a late-stage biopharmaceutical company focused on developing new treatments for serious immune and thrombotic conditions. Following the acquisition of a 12-lipoxygenase ("12-LOX") platform of assets in December 2025, the company shifted its main strategic focus to developing CAD-1005 for immune-mediated and thrombotic disorders. The company's primary product candidate, CAD-1005, is a selective 12-LOX inhibitor designed to treat heparin-induced thrombocytopenia ("HIT"), a severe immune-mediated thrombotic disorder. CAD-1005 has been tested in a blinded, placebo-controlled Phase 2 clinical trial involving 24 patients, and in Phase 1 clinical trials with over 100 patients. On March 26, 2026, the company completed its End-of-Phase 2 ("EOP2") meeting with the FDA, clarifying a potential path for its planned Phase 3 pivotal trial of CAD-1005 in HIT patients. CAD-1005 has received an orphan drug designation ("ODD") from the FDA for preventing thrombosis in HIT patients, an FDA Fast Track designation for treating and preventing HIT, and an orphan designation from the EMA for treating platelet-activating factor 4 disorders. The company's pipeline also includes two other clinical-stage assets: tecarfarin and frunexian. Tecarfarin is an oral vitamin K antagonist ("VKA") intended as a warfarin replacement for patients with complex needs, designed to prevent heart attacks, strokes, and deaths from blood clots in patients needing chronic anticoagulation. The focus for tecarfarin is for chronic use in patients with kidney dysfunction or left ventricular assist devices ("LVADs"), specifically designed to overcome metabolic factors that can make warfarin less reliable. Frunexian is a Phase 2-ready intravenous ("IV") Factor XIa inhibitor, intended for acute care settings where medical devices or artificial surfaces significantly activate coagulation.

Cadrenal Therapeutics, Inc. (NASDAQ:CVKD) is a publicly traded company in the Life Sciences sector. Wiseek monitors CVKD SEC EDGAR filings and licensed market news in real time, scoring each submission for market-moving significance on a 1–10 scale. Items rated 7 or higher generate instant alerts.

Recent high-impact activity:

  • Cadrenal Therapeutics CFO Departs Amidst Going Concern, CEO Takes Interim Role
  • Cadrenal Therapeutics to Pursue Partnerships for Phase 3-Ready CAD-1005 at BIO Convention
  • Cadrenal Therapeutics Receives Clear FDA Guidance for Pivotal Phase 3 Trial of CAD-1005 in HIT
  • Cadrenal Therapeutics Reports $1.04 Per Share Loss in Q1
  • Cadrenal Therapeutics Reiterates Going Concern, Reports Short Cash Runway Despite Dilutive Warrant Exercise

Financial Snapshot

Fiscal year ended December 31, 2025
Net Income
-$13.24M
Diluted EPS
-$6.64
Op. Cash Flow
-$12.6M
Free Cash Flow
-$12.61M
Operating Income
-$13.46M
Cash & Equivalents
$4.01M
Debt / Equity
0.00×
Shares Outstanding
2.34M sh
Source: 10-K · filed 2026-03-31 · accession 0001213900-26-036946
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$3.7
52-week range · as of 2026-06-03 $4.14 – $15.99
Market cap
$10.61M
Volume
111.1K (1.6× avg)
3-mo avg 70.3K
Live data · 2026-06-14 03:55 UTC · Market closed

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feed CVKD - Latest Insights

CVKD
Jun 03, 2026, 4:25 PM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $4.19
Real-time Price: $3.70 info
Change: -$0.490 (-12%) info
Market Cap: $10.613M info
CVKD
Jun 03, 2026, 9:00 AM EDT
Source: GlobeNewswire
Importance Score:
7
Price at Filing: $4.34
Real-time Price: $3.70 info
Change: -$0.640 (-15%) info
Market Cap: $10.613M info
CVKD
May 07, 2026, 8:35 AM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $7.09
Real-time Price: $3.70 info
Change: -$3.39 (-48%) info
Market Cap: $10.613M info
CVKD
May 07, 2026, 8:32 AM EDT
Source: Dow Jones Newswires
Importance Score:
7
Price at Filing: $7.09
Real-time Price: $3.70 info
Change: -$3.39 (-48%) info
Market Cap: $10.613M info
CVKD
May 07, 2026, 8:30 AM EDT
Filing Type: 10-Q
Importance Score:
9
Price at Filing: $7.09
Real-time Price: $3.70 info
Change: -$3.39 (-48%) info
Market Cap: $10.613M info
CVKD
Apr 30, 2026, 8:53 AM EDT
Source: Wiseek News
Importance Score:
9
Price at Filing: $5.80
Real-time Price: $3.70 info
Change: -$2.10 (-36%) info
Market Cap: $10.613M info
CVKD
Apr 30, 2026, 8:40 AM EDT
Filing Type: 8-K
Importance Score:
9
Price at Filing: $5.50
Real-time Price: $3.70 info
Change: -$1.80 (-33%) info
Market Cap: $10.613M info
CVKD
Apr 29, 2026, 5:29 PM EDT
Filing Type: 424B3
Importance Score:
9
Price at Filing: $5.00
Real-time Price: $3.70 info
Change: -$1.30 (-26%) info
Market Cap: $10.613M info
CVKD
Apr 20, 2026, 7:55 PM EDT
Filing Type: S-3
Importance Score:
8
Price at Filing: $5.22
Real-time Price: $3.70 info
Change: -$1.52 (-29%) info
Market Cap: $10.613M info
CVKD
Apr 01, 2026, 7:40 AM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $4.36
Real-time Price: $3.70 info
Change: -$0.660 (-15%) info
Market Cap: $10.613M info
CVKD
Apr 01, 2026, 7:30 AM EDT
Filing Type: 424B5
Importance Score:
9
Price at Filing: $4.36
Real-time Price: $3.70 info
Change: -$0.660 (-15%) info
Market Cap: $10.613M info
CVKD
Mar 31, 2026, 9:02 AM EDT
Filing Type: 10-K
Importance Score:
9
Price at Filing: $4.25
Real-time Price: $3.70 info
Change: -$0.550 (-13%) info
Market Cap: $10.613M info
CVKD
Mar 31, 2026, 8:55 AM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $4.25
Real-time Price: $3.70 info
Change: -$0.550 (-13%) info
Market Cap: $10.613M info
CVKD
Mar 31, 2026, 8:45 AM EDT
Source: GlobeNewswire
Importance Score:
8
Price at Filing: $4.25
Real-time Price: $3.70 info
Change: -$0.550 (-13%) info
Market Cap: $10.613M info
CVKD
Mar 12, 2026, 8:05 AM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $7.80
Real-time Price: $3.70 info
Change: -$4.10 (-53%) info
Market Cap: $10.613M info
CVKD
Feb 24, 2026, 8:35 AM EST
Filing Type: 8-K
Importance Score:
7
Price at Filing: $6.92
Real-time Price: $3.70 info
Change: -$3.22 (-47%) info
Market Cap: $10.613M info
CVKD
Jan 02, 2026, 4:08 PM EST
Filing Type: 424B3
Importance Score:
8
Price at Filing: $7.33
Real-time Price: $3.70 info
Change: -$3.63 (-50%) info
Market Cap: $10.613M info