Company: TVRD
Filing Date: 2025-03-24
Form Type: 425
Source: 0001104659-25-027234
Chunk: 12

Company: Tvardi Therapeutics, Inc.
Filing Date: 2025-03-24
Form: 425
Chunk 12
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 the closing of the Merger or by the combined company if following the consummation of the Merger.

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Cautionary Statement Regarding Forward-Looking Statements

Certain statements contained in this Current Report
on Form 8-K regarding matters that are not historical facts are “forward-looking statements” within the meaning of the Private
Securities Litigation Reform Act of 1995. Examples of these forward-looking statements include statements regarding the anticipated completion
and effects of the proposed Merger and the ability of the parties to consummate the Merger on the expected timeline or at all and other
statements regarding management’s intentions, plans, beliefs, expectations or forecasts for the future, and, therefore, you are
cautioned not to place undue reliance on them. Because such statements are subject to risks and uncertainties, actual results may differ
materially from those expressed or implied by such forward-looking statements. These forward-looking statements are subject to a number
of risks, including those factors discussed in the risks relating to the Merger included in the Registration Statement, the completion
of the Merger, including the need for stockholder approval and the satisfaction (or waiver) of closing conditions; and the occurrence
of any event, change or other circumstance or condition that could give rise to the termination of the Merger Agreement. Additional risks
and uncertainties are identified and discussed in the “Risk Factors” section of Cara’s Annual Report on Form 10-K, Quarterly
Reports on Form 10-Q and other documents filed from time to time with the SEC. All forward-looking statements contained in this Current
Report on Form 8-K speak only as of the date on which they were made. Cara undertakes no obligation to update such statements to
reflect events that occur or circumstances that exist after the date on which they were made, except as required by law.

Additional Information and Where to Find It

This Current Report on Form 8-K relates to a
proposed acquisition transaction between Cara and Tvardi. In connection with the proposed transaction, Cara has filed with
the Securities and Exchange Commission (the “SEC”) a registration statement on Form S-4 that contains a proxy
statement/prospectus. Cara may also file other documents with the SEC regarding the proposed transaction. CARA URGES
INVESTORS AND STOCKHOLDERS TO READ THESE MATERIALS CAREFULLY AND IN THEIR ENTIRETY BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION
ABOUT CARA, TVARD