Jul. 21 at 3:56 PM
$CVKD CVKD's cash position remains relatively modest. The company reported
$2.3 million in cash as of March 31, 2026, and subsequently completed a
$2.5 million financing on April 1, 2026. Management also stated it continues to evaluate additional financing alternatives to support its planned Phase 3 program. If no partnership materializes and cash continues to decline, a new financing would become more likely.
The company could still:
-establish a new ATM facility,
-conduct a registered direct offering,
-pursue a private placement,
