Jul. 2 at 1:18 AM
$CVKD June 30, 2026 direct offer, ballpark numbers:
CVKD received
$3MM
Inv received 960k shares @
$3.12.
Inv received 1,920k wrnts (2x the # shares), exerc ~
$3. OS after Dec 15, 2025 offer = 2.338MM, so shares alone (not incl wrnts) = 41% dilution. Wrnts ensure sp is capped at
$3 for long time. Wrnts can be used as hedges for short positions. Sounds like an Anson deal.
Dec 15, 2025 direct offer, ballpark numbers:
CVKD received
$1.9MM
Inv received 207k shares @
$10.85 + 414k wrnts excer
$10.60
Notice the nice lil pump right before the Dec 15 offer