Company: TVRD
Filing Date: 2025-02-14
Form Type: 424B3
Source: 0001104659-25-014310
Chunk: 842

Company: Tvardi Therapeutics, Inc.
Filing Date: 2025-02-14
Form: 424B3
Chunk 842
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 ​ | ​                                      | ​ | — | ​ | ​ |
| U.S. government agency obligations        | ​ | ​ | ​     | ​ |   7,238 | ​ | ​ | ​ | ​                                                           | ​ |      — | ​ | ​ | ​ | ​                                          | ​ |  7,238 | ​ | ​ | ​ | ​                                      | ​ | — | ​ | ​ |
| Corporate bonds                           | ​ | ​ | ​     | ​ |   4,499 | ​ | ​ | ​ | ​                                                           | ​ |      — | ​ | ​ | ​ | ​                                          | ​ |  4,499 | ​ | ​ | ​ | ​                                      | ​ | — | ​ | ​ |
| Restricted cash:                          | ​ | ​ | ​     | ​ |       ​ | ​ | ​ | ​ | ​                                                           | ​ |      ​ | ​ | ​ | ​ | ​                                          | ​ |      ​ | ​ | ​ | ​ | ​                                      | ​ | ​ | ​ | ​ |
| Commercial money market account           | ​ | ​ | ​     | ​ |   1,908 | ​ | ​ | ​ | ​                                                           | ​ |  1,908 | ​ | ​ | ​ | ​                                          | ​ |      — | ​ | ​ | ​ | ​                                      | ​ | — | ​ | ​ |
| Total financial assets                    | ​ | ​ | ​     | $ | 102,666 | ​ | ​ | ​ | ​                                                           | $ | 53,683 | ​ | ​ | ​ | ​                                          | $ | 48,983 | ​ | ​ | ​ | ​                                      | $ | — | ​ | ​ |

F-63

TABLE OF CONTENTS

CARA THERAPEUTICS, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(amounts in thousands, except share and per share data) Fair value measurement as of December 31, 2022: Financial assets

| Type of Instrument                        
 Cash and cash equivalents:                | ​ 
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 ​ | Total 
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 ​ | Quoted prices inactive markets foridentical assets(Level 1) 
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 ​ | Significant otherobservableinputs(Level 2) 
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