Cadrenal Therapeutics, Inc. (CVKD) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

High Risk
Significant dilution risk
Last updated: May 07, 2026

Risk Assessment Details

Potential Dilution: 351.97% of current shares
Recent Dilution: 71.34% (2 years)
Historical Dilution Factor: significant recent dilution
Outstanding Shares
2.9M
Potential Supply
10M
Additional shares possible
Splits
None
Past 2 years

Summary

CVKD currently has 2.87M outstanding shares. with significant dilution risk as 10.1M authorized shares could dilute existing holders by 352.0%. The company has significantly diluted shareholders by 71.34% over the past 2 years, indicating aggressive capital raising.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 07, 2026

10-Q filing | 2.9M shares outstanding

2.9M 10M
Mar 31, 2026

10-K filing | 2.5M shares outstanding

2.5M 10M
Dec 29, 2025

S-1 filing: This prospectus relates to the resale from time to time of up to an aggregate of 428,227 shares of common stock of Cadrenal Therapeutics, Inc. by the Selling Stockholders.

2.3M 10M
Aug 11, 2025

10-Q filing | 2.0M shares outstanding

2M 9.7M
May 08, 2025

10-Q filing | 1.8M shares outstanding

1.8M 9.7M
Mar 13, 2025

10-K filing | 1.9M shares outstanding

1.9M 9.7M
Nov 14, 2024

S-3 filing: This S-3 filing relates to the resale of up to 590,001 shares of common stock by selling stockholders, including shares issuable upon exercise of warrants. The company will not receive any proceeds from the sale of these shares.

1.7M 9.7M
Nov 07, 2024

10-Q filing | 1.7M shares outstanding

1.7M 9.1M
Nov 04, 2024

8-K filing: Cadrenal Therapeutics, Inc. closed a warrant inducement agreement on November 4, 2024, receiving $4.7 million in gross proceeds from the exercise of existing warrants for 285,715 shares of common stock at $16.50 per share, and issuing new warrants to purchase 571,430 additional shares of common stock. ($4.7M proceeds)

1.5M 9.1M
Oct 24, 2024

8-K filing: On October 24, 2024, the Company sold 391,243 shares of common stock at a weighted average price of $13.15 per share, generating gross proceeds of approximately $5.1 million through its ATM facility. Following the completion of the sales under the ATM facility, the Company has 1,496,771 shares of common stock outstanding as of October 23, 2024. ($5.1M proceeds)

1.5M 9.1M
Aug 07, 2024

10-Q filing | 16.0M shares outstanding

16M 9.1M
May 09, 2024

10-Q filing | 16.0M shares outstanding

16M 9.1M
Apr 02, 2024

POS AM filing: This prospectus relates to the resale from time to time of up to 5,927,500 shares of Common Stock, par value $0.001 per share, of Cadrenal Therapeutics, Inc. by the selling stockholders.

16M 9.1M
Mar 12, 2024

S-3 filing: Cadrenal Therapeutics, Inc. files an S-3 form to offer and sell up to $100,000,000 of any combination of common stock, preferred stock, debt securities, warrants, or units. The company intends to use the net proceeds from this offering for working capital and general corporate purposes. As of March 11, 2024 there were 16,008,469 shares outstanding. The at-the-market offering is made through Wainwright.

16M 18M
Mar 11, 2024

10-K filing | 16.0M shares outstanding

16M 10M
Nov 09, 2023

10-Q filing | 12.6M shares outstanding

13M 10M
Aug 10, 2023

10-Q filing | 11.7M shares outstanding

12M 10M
Jul 24, 2023

S-1 filing: This S-1 filing relates to the resale of up to 8,850,001 shares of common stock by selling stockholders, including shares purchased in a private placement and shares issuable upon the exercise of warrants.

13M 10M
Jul 14, 2023

8-K filing: Cadrenal Therapeutics, Inc. completed a private placement on July 14, 2023, issuing 1,300,000 shares of common stock, pre-funded warrants for 2,985,715 shares, and common warrants for 4,285,715 shares, raising gross proceeds of approximately $7.5 million. ($7.5M proceeds)

11M 1.4M
May 10, 2023

10-Q filing | 10.8M shares outstanding

11M 1.4M
Mar 30, 2023

10-K filing | 11.6M shares outstanding

12M 1.4M
Jan 25, 2023

8-K filing: Cadrenal Therapeutics, Inc. consummated its initial public offering of 1,400,000 shares of its common stock at $5.00 per share, generating gross proceeds of $7,000,000 and issued to the underwriters a warrant to purchase 84,000 shares of common stock at an exercise price of $6.00. ($7.0M proceeds)

8.2M 1.4M
Jan 17, 2023

S-1/A filing: This S-1/A filing is for an offering of common stock, with 1,400,000 shares being offered at an assumed price of $5.00 per share. The company estimates net proceeds of $5.7 million, or $6.7 million if the underwriters exercise their option to purchase additional shares, and intends to use the proceeds for chemistry, manufacturing and controls, research and development, and working capital.

8.2M 1.4M
Dec 28, 2022

S-1/A filing: This S-1/A filing registers an offering of common stock with Boustead Securities, LLC as underwriter, and includes warrants to purchase common stock issued to the underwriter representative.

8.2M 1.4M
Dec 08, 2022

S-1/A filing: This S-1/A filing registers for sale 1,400,000 shares of common stock at an assumed initial public offering price of $5.00 per share and warrants to purchase shares of common stock that will be issued to Boustead Securities, LLC, as the representative of the underwriters.

8.2M 1.4M
Dec 06, 2022

S-1/A filing: This is an S-1/A filing for an initial public offering of common stock underwritten by Boustead Securities, LLC. The company intends to list its common stock on the Nasdaq under the symbol "CVKD."

8.2M 1.4M
Oct 17, 2022

S-1/A filing: This S-1/A filing registers the offering of 2,000,000 shares of common stock at an assumed price of $5.00 per share, along with warrants to purchase common stock issued to the underwriter, Boustead Securities, LLC.

8.3M 2M
Oct 11, 2022

S-1/A filing: This S-1/A filing registers for sale 2,000,000 shares of common stock, warrants to purchase common stock issued to the underwriter, and grants the underwriter an option to purchase an additional 300,000 shares.

8.3M 2M
Sep 22, 2022

S-1 filing: This S-1 filing outlines a proposed offering of 2,000,000 shares of common stock along with underwriter warrants, with an option for the underwriters to purchase an additional 300,000 shares; the company intends to use the net proceeds for chemistry, manufacturing and controls, research and development and other trial preparation expenses and the balance for working capital and general corporate purposes.

8.1M 2M
Weekly Research

Get Weekly Super Stonk Alerts

Never miss a squeeze opportunity. Get our weekly analysis of high short interest stocks, AI-discovered gems, and dilution warnings delivered to your inbox.

No spam Unsubscribe anytime