What is TVRD's dilution risk score?

TVRD has a latest available DilutionScore record of 86/100, categorized as critical dilution risk by the DilutionWatch scoring model. DilutionWatch displays SEC filing and dilution indicators for TVRD, including shelf registrations, ATM offerings, warrant exercises, PIPE deals, and reverse split signals when detected in source data.

What SEC filings does DilutionWatch track for TVRD?

DilutionWatch tracks 25 SEC filing types for TVRD including S-3 shelf registrations, 424B prospectuses (ATM offerings), S-1 registration statements, 8-K material events, warrant exercise notices, convertible note agreements, and Form 4 insider transactions. Alerts are delivered via email within minutes of a filing appearing on EDGAR.

How does stock dilution affect TVRD shareholders?

Stock dilution occurs when a company issues new shares, reducing the ownership percentage of existing shareholders. For TVRD, common dilution events include at-the-market (ATM) stock offerings, shelf registration drawdowns, warrant exercises, and convertible note conversions. Each event increases the share count and can pressure the stock price lower.

Is DilutionWatch free for TVRD tracking?

DilutionWatch provides a free tier that shows DilutionScores and basic filing history for TVRD. Premium plans ($19.95/month Basic, $39.95/month Premium) unlock real-time email alerts, the full Pulse™ feed, advanced dilution forecasts, and access to all 10,000+ tracked tickers.

TVRD Dilution Risk Score: 86/100 (CRITICAL)

Score Breakdown

📋 Offering Ability

💰 Cash Runway

📊 Float Risk

⚠️ Warrant Exposure

🔄 Convertible Debt

Dilution Forecast

⛈️

Warning

High probability of dilution event

model est. 43%

🔁 Convertible Conversion model 60%

• Major convertible overhang: 214% potential dilution

• Convertible risk score very high (85/100)

💰 Capital Raise model 35%

• Low cash runway: 3 months remaining

🔄 Reverse Split model est. 15%

• Only 3 months cash — financial pressure

🔔 Track TVRD — Get forecast alerts →

Market Data

Market Cap$14.14M

Shares Outstanding13.34M

Float6.46M

Cash$20.89M

Debt$174.0K

Short InterestN/A

Source-Backed Evidence Depth

This public preview uses stored DilutionWatch fields and linked SEC/market records only. Missing values are not estimated.

Field	Current Value	Basis
DilutionScore	86/100	DilutionWatch score record
Shares Outstanding	13.34M	Verified float table or market cache
Public Float	6.46M	Verified float table or market cache
Market Cap	$14.14M	Market data cache
Cash Runway	3.3 months	DilutionWatch score inputs
Shelf Capacity	None in current score inputs	SEC-derived dilution fields
ATM Capacity	None in current score inputs	SEC-derived dilution fields
Outstanding Warrants	None in current score inputs	SEC-derived dilution fields

Recent source-backed SEC insight records available on this page: 6.

Recent SEC source mix: 4 4, 424B3 1, XBRL 1.

The page does not infer future share issuance, financing probability, cash needs, management intent, or price impact when source fields are absent.

Institutional Holdings

QoQ: ↓ 98.6% shares (2026Q1 vs prior)

1 institutional holders · 2 shares

#1 DANSKE BANK A/S 2 shares

Institutional holder totals are aggregated from ownership filings and may use a different share basis or reporting date than public float. They are not a reconciliation against tradeable float.

Short Interest

Short Interest224.4K

Days to Cover1.0

% of Float3.5%

FINRA data as of Sep 30, 2026

Recent SEC Activity

xbrl XBRL CONVERTIBLE 2026-03-31

424B3 ATM 2026-03-06

4 INSIDER TRANSACTION 2026-02-02

Full SEC filing analysis available with free account →

Recent News

No recent news available for this ticker.

Factual TVRD Dilution Snapshot

Tvardi Therapeutics, Inc. (TVRD) has a DilutionScore of 86/100, rated Critical dilution risk. Score date: October 13, 2026.

Recent SEC activity tracked for TVRD: xbrl on 2026-03-31; 424B3 on 2026-03-06; 4 on 2026-02-02.

This automatically generated snapshot is assembled from stored DilutionWatch data fields and may contain data-source errors or omissions. It is not financial advice, not investment research, and not a recommendation. Do your own research and review the full disclaimer and terms of service.

DilutionScore History — Last 90 Days

TVRD's DilutionScore is currently 86/100 (Critical risk), with 2 score changes tracked over 89 days. The score improved from 73/100 (High risk).

Period	Score	Risk Level	Duration
Aug 22 – Oct 13, 2026	86/100	CRITICAL	53 days
Aug 14 – Aug 21, 2026	73/100	HIGH	7 days
Jul 16 – Aug 13, 2026	79/100	CRITICAL	29 days

Score recalculated daily from SEC filings and market data. Sign up free for real-time score change alerts.

Track TVRD Dilution Risk in Real-Time

DilutionWatch monitors SEC filings 24/7 and alerts you the moment TVRD files a shelf registration, ATM offering, warrant notice, or convertible note. Free tier available — no credit card required.

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