Company: TVRD
Filing Date: 2025-02-14
Form Type: S-4/A
Source: 0001104659-25-013053
Chunk: 582

Company: Tvardi Therapeutics, Inc.
Filing Date: 2025-02-14
Form: S-4/A
Chunk 582
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 ​                                                 | $ | 3,009 | ​ | ​ | ​ | ​    | $ | 3,009 | ​ | ​ | ​ | ​    | $ | — | ​ | ​ | ​ | ​    | $ | — | ​ | ​ | ​ | ​    | $ | — | ​ | ​ | ​ | ​    | $ | — | ​ | ​ | ​ | ​          | $ | — | ​ | ​ |

(1) As a result of the Assignment Agreements in September 2024, there are no further cash requirements pertaining to Cara’s operating lease for corporate office space that terminated on November 1, 2024. The non-cash lease payment of $3.4 million that pertains to property and equipment being transferred to the assignee on November 1, 2024 was not included in the table above. See Note 17 of Cara’s Notes to Condensed Consolidated Financial Statements as of September 30, 2024, Commitments and Contingencies , included elsewhere in this proxy statement/prospectus for details about Cara’s operating lease. (2) Based on Cara’s MSA with Patheon that Cara entered into in July 2019, Cara had a purchase capacity reservation through December 31, 2024. Of the $1.5 million included in the table above, $0.6 million has been included within accounts payable and accrued expenses for minimum manufacturing orders through September 30, 2024. The remaining manufacturing obligations were incurred and paid for in the fourth quarter of 2024. See Note 17 of Cara’s Notes to Condensed Consolidated Financial Statements as of September 30, 2024, Commitments and Contingencies , included elsewhere in this proxy statement/ prospectus for details about Cara’s MSA with Patheon. Cara has no other material non-cancelable purchase commitments with any other contract manufacturers or service providers, as Cara has generally contracted on a cancelable purchase order basis.

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(3)

Cara was required to maintain a stand-by letter of credit as a security deposit under Cara’s new lease for office space in Stamford, Connecticut. As a result of the Assignment Agreements in September 2024, the $1.5 million of restricted cash became unrestricted in October 2024. See Note 6 of Cara’s Notes to Condensed Consolidated Financial Statements as of September 30, 2024, Restricted Cash , included elsewhere in this