79 /100
CRITICAL RISK
Score updated Jul 13, 2026

TVRD — Tvardi Therapeutics, Inc. Dilution Risk Tracker

Track TVRD dilution risk with DilutionWatch's stock tracker. DilutionScore™ measures dilution risk across 5 factors — lower scores indicate higher risk of share dilution.

⚠️ Not financial advice. Do your own research before making any investment decisions.

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As of July 13, 2026, Tvardi Therapeutics, Inc. (TVRD) has a DilutionWatch DilutionScore of 79/100, rated CRITICAL dilution risk. Tvardi Therapeutics, Inc. has a market capitalization of $31.71M, 9.38M shares outstanding, 1 institutional holders tracked. Key dilution vectors include 19.9K outstanding warrants, approximately 4 months of cash runway.

Source: DilutionWatch (dilutionwatch.com) — data updated daily from SEC EDGAR filings. Not financial advice.

📊 Score Breakdown

📋 Offering Ability
66
💰 Cash Runway
85
📊 Float Risk
45
⚠️ Warrant Exposure
15
🔄Convertible Debt

🌦️ Dilution Forecast

⛈️
Warning
High probability of dilution event
43%
🔁 Convertible Conversion 60%
• Major convertible overhang: 95% potential dilution
• Convertible risk score very high (85/100)
💰 Capital Raise 35%
• Low cash runway: 4 months remaining
🔄 Reverse Split 15%
• Only 4 months cash — financial pressure
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💹 Market Data

Market Cap$31.71M
Shares Outstanding9.38M
Float6.46M
Cash$24.98M
Debt$174.0K
Short InterestN/A

🏛 Institutional Holdings

QoQ: ↓ 98.6% shares (2026Q1 vs prior)
1 institutional holders · 2 shares
#1 DANSKE BANK A/S 2 shares

📉 Short Interest

Short Interest507.4K
Days to Cover1.0
% of Float7.8%
FINRA data as of Jun 30, 2026

📁 Recent SEC Activity

xbrl XBRL WARRANT Jul 07, 2026
xbrl XBRL CONVERTIBLE Dec 31, 2025
424B3 ATM Mar 06, 2026
4 INSIDER TRANSACTION Feb 02, 2026
4 INSIDER TRANSACTION Feb 02, 2026
Full SEC filing analysis available with free account

📰 Recent News

No recent news

📋 What This Means for TVRD Shareholders

Tvardi Therapeutics, Inc. (TVRD) carries a DilutionScore of 79/100, placing it in the Critical dilution risk tier — the highest category tracked by DilutionWatch. Companies at this level typically have active capital-raising programs, compressed cash runway, or a combination of dilution vectors that together represent meaningful downside risk to share count. As of July 13, 2026, this score reflects real-time data pulled directly from SEC EDGAR filings.

Cash runway is a key watch item: TVRD has approximately 4 months of runway at current burn rate. Companies with less than 18 months of runway are statistically more likely to file new shelf registrations or ATM programs within the next two quarters. DilutionWatch monitors SEC 10-Q filings to update this estimate each quarter.

DilutionWatch tracks over 25 SEC filing types for TVRD in real-time, scanning EDGAR every 60 seconds. The DilutionWatch screener shows real-time score changes for TVRD alongside comparable critical-risk stocks. Not financial advice — this analysis is for informational purposes only.

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🔬 More Research for TVRD
📊 TVRD FDA Catalyst Timeline & Biotech Grade — BiotechSigns 📡 TVRD Signal Convergence & Dark Pool Activity — StonkWhisper

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