Company: TVRD
Filing Date: 2025-01-24
Form Type: CORRESP
Source: 0001104659-25-006051
Chunk: 8

Company: Tvardi Therapeutics, Inc.
Filing Date: 2025-01-24
Form: CORRESP
Chunk 8
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 the following agreements as exhibits to the registration statement or tell us why you do 
 not believe you are required to do so:                                                               |

| · | the stockholder support and lock-up agreements entered into in connection with the Merger; |

| · | Tvardi's December 2023 Note Purchase Agreement and related form of promissory note; |

| · | Tvardi's restricted stock purchase agreements with its founders, pursuant to which Tvardi is obligated 
 to pay royalties to each such founder; and                                                             |

| · | the amended and restated investors' rights agreement setting forth the registration rights of certain 
 Tvardi stockholders.                                                                                  |

Response:
The Company respectfully acknowledges the Staff’s comment and advises the Staff that it has filed or incorporated by reference into
the Amended Registration Statement the (i) Tvardi and Cara stockholder support and lock-up agreements entered into in connection
with the Merger, (ii) Tvardi's December 2023 Note Purchase Agreement and related form of promissory note and (iii) Tvardi's
restricted stock purchase agreements with its founders, pursuant to which Tvardi is obligated to pay royalties to each such founder. Cara
respectfully advises the Staff that the amended and restated investors' rights agreement setting forth the registration rights of certain
Tvardi stockholders will be terminated in connection with the consummation of the Merger. In addition, Tvardi intends to enter into a
registration rights agreement with certain of its investors contingent upon the closing of this Merger. Cara will file the form of the
Registration Rights Agreement on an amendment to the Registration Statement on Form S-4.

MINTZ

| 23. | We note you intend to file the form of preliminary proxy card as Exhibit 99.8. Please note that                                               
 the form of proxy card should be filed as an appendix rather than as an exhibit to the registration statement. Refer to the Note to paragraph 
 (a)(3) of Exchange Act Rule 14a-4.                                                                                                            |

Response:
The Company respectfully acknowledges the Staff’s comment and has filed the proxy card as an appendix to the Amended Registration
Statement.

| 24. | Please include the information required by Exchange Act Rule 14a-5(e). Refer to Item 18(a)(1) of 
 Form S-4 and Item 1(c) of Schedule 14A.                                                          |

Response:
The Company respectfully acknowledges the Staff’s comment and has revised