Company: TVRD
Filing Date: 2025-10-07
Form Type: S-1/A
Source: 0001104659-25-097519
Chunk: 316

Company: Tvardi Therapeutics, Inc.
Filing Date: 2025-10-07
Form: S-1/A
Chunk 316
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 B preferred stock. Series A Preferred Stock During 2018, the Company entered into the Series A preferred stock purchase agreements for 8,550,340shares of Series A preferred stock with par value of $ 0.001each at a price $ 1.00per share, or the Series A Original Issue Price, with a group of investors for net proceeds of $ 8.4million, or the Series A Financing. In addition, in connection with the closing of the Series A Financing, then outstanding convertible promissory notes of $ 0.4million were converted into 449,659shares of Series A preferred stock at the Series A Original Issue Price paid by the Series A Financing investors. Series B Preferred Stock In June 2021, the Company entered into the Series B preferred stock purchase agreements for 17,452,411shares of Series B preferred stock with par value of $ 0.001each at a price $ 3.8095per share, or the Series B Original Issue Price, with a group of investors for net proceeds of $ 66.3million, or the Series B Financing. In addition, in connection with the closing of the Series B Financing, (i) then outstanding convertible promissory notes of $ 7.9million were converted into 2,603,128shares of Series B preferred stock at 80% of the Series B Original Issue Price paid by the Series B Financing investors and (ii) a then outstanding

F-20

translational research grant of $ million was converted into shares of Series A Preferred Stock at a conversion price of $ per share pursuant to the terms of grant agreement, dated as of March 2018.

The following tables summarize the Company’s redeemable convertible preferred stock as of December 31, 2024 and 2023 (in thousands except share and per share amounts):

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  Preferred 
      Stock 
 Authorized | ​ 
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   Preferred 
       Stock 
  Issued and 
 Outstanding | ​ 
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 Carrying 
 Value