Cadrenal Therapeutics Announces New Securities Purchase Agreement

Tip Ranks
2025.12.16 13:50
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Cadrenal Therapeutics, Inc. announced a securities purchase agreement for a direct offering of 207,374 shares of common stock and unregistered warrants for 414,748 shares, aiming to raise $2.2 million. The offering closes on December 16, 2025, with restrictions on further stock issuance. Analysts rate CVKD stock as a Buy with a $45.00 target, but TipRanks' AI Analyst rates it as Underperform due to financial challenges. The company focuses on therapies for cardiovascular and renal diseases.