Company: TVRD
Filing Date: 2025-02-14
Form Type: S-4/A
Source: 0001104659-25-013053
Chunk: 1094

Company: Tvardi Therapeutics, Inc.
Filing Date: 2025-02-14
Form: S-4/A
Chunk 1094
---
 relief of debtors; and (b) rules of law governing specific performance, injunctive relief and other equitable remedies.

“

#### Entity
” means any corporation (including any non-profit corporation), partnership (including any general partnership, limited partnership or limited liability partnership), joint venture, estate, trust, company (including any company limited by shares, limited liability company or joint stock company), firm, society or other enterprise, association, organization or entity, and each of its successors.

<div align='center'>A-77</div>

TABLE OF CONTENTS

“

#### Environmental Law
” means any federal, state, local or foreign Law relating to pollution or protection of human health or the environment (including ambient air, surface water, ground water, land surface or subsurface strata), including any Law or regulation relating to emissions, discharges, releases or threatened releases of Hazardous Materials, or otherwise relating to the manufacture, processing, distribution, use, treatment, storage, disposal, transport or handling of Hazardous Materials.

“

#### ERISA
” means the Employee Retirement Income Security Act of 1974.

“

#### Exchange Act
” means the Securities Exchange Act of 1934.

“

#### Exchange Ratio
” means, subject to Section 1.5(f) , the following ratio (rounded to four decimal places): the quotient obtained by dividing (a) the Company Merger Shares by (b) the Company Outstanding Shares, in which:

•

“

#### Aggregate Convertible Note Valuation
” means the aggregate principal amount of the Bridge Notes plus all accrued and unpaid interest.

•

“

#### Aggregate Post-Bridge Valuation
” means the sum of (i) the Company Valuation, plus (ii) the Parent Valuation plus (iii) the Implied Note Valuation.

•

“

#### Aggregate Valuation
” means the sum of (i) the Company Valuation, plus (ii) the Parent Valuation plus (iii) the Aggregate Convertible Note Valuation.

•

“

#### Company Allocation Percentage
” means 1.00 minus the Parent Allocation Percentage.

•

“

#### Company Merger Shares
” means the Total Company Merger Shares less the Conversion Shares.

•

“

#### Company Valuation
” means $210,000,000.

•

“

#### Company Outstanding Shares
” means the total number of shares of Company Capital Stock outstanding immediately prior to the Effective Time, after giving effect to the Preferred Stock Conversion and excluding any Conversion Shares, expressed on a fully diluted and as-converted to Company Common Stock