Company: TVRD
Filing Date: 2025-10-07
Form Type: S-1/A
Source: 0001104659-25-097519
Chunk: 317

Company: Tvardi Therapeutics, Inc.
Filing Date: 2025-10-07
Form: S-1/A
Chunk 317
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 Liquidation 
 Preference  |      ​ 
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     Common 
      Stock 
   Issuable 
       Upon 
 Conversion |
|:-------------------------|:--|:----------|------:|:--|-----------:|:--|------------:|:--|:---------|-------:|:--|:------------|-------:|:--|-----------:|
| Series A preferred stock | ​ | $         | 0.001 |   |  9,499,999 |   |   9,499,999 | ​ | $        |  9,327 | ​ | $           |  9,500 |   |  9,499,999 |
| Series B preferred stock | ​ |           | 0.001 |   | 20,223,541 |   |  20,055,539 | ​ |          | 76,176 | ​ |             | 76,402 |   | 20,055,539 |
| ​                        | ​ | ​         |     ​ |   | 29,723,540 |   |  29,555,538 | ​ | $        | 85,503 | ​ | $           | 85,902 |   | 29,555,538 |

The key terms of Preferred Stock are as follows:

Dividends

The Company shall not declare, pay or set aside any dividends on shares or any other class or series of capital stock (other than dividends on shares of the Company’s common stock payable in shares of common stock) unless first the holders of Series B preferred stock shall first receive, or simultaneously receive, a dividend on each outstanding preferred stock, and second, the holders of the Series A preferred stock shall next receive, or simultaneously receive a dividend on each outstanding preferred stock. If the Company declares, pays or sets aside, on the same date, a dividend on shares of more than one class or series of capital stock of the Company, the dividend payable to the holders of Preferred Stock shall be calculated based upon the dividend on the class or series of capital stock that would result in the highest dividend. There have been dividends declared by the Company’s board of directors, or the Board, as of December 31,