1. Investment Snapshot

2. Thesis

3. Valuation & Price Target

4. Business & Product Moat

5. People & Governance

6. Market & Macro

7. Financial Quality

8. Risk Register

9. Prediction Market

10. 𝕏 Posts

Discussion

Aardvark Therapeutics, Inc. (AARD) IPO | IPOSignal

Sections

1. Investment Snapshot

2. Capital Structure

3. Valuation

Discussion

Inline comments

Investment Snapshot

Capital Structure

Valuation

Discussion

Aardvark Therapeutics, Inc.

Analyst research, target price, syndicate analytics, and valuation sections are included with an active subscription. View plans

Investment Snapshot

S-1/A All Filings

Symbol

AARD

Event Date

2025-02-13

Sector

Health Care

Subsector

Pharmaceuticals

Offer Range

—

Shares Offered

5.89M

Shares Outstanding Pre-IPO

15.5M

Total Shares Post-IPO

21.38M

Market Cap

—

Target Price

$00.00

Implied Upside vs Midpoint

$00.00

Description

—

Capital Structure

Post-IPO economic shares by class.

Class	Shares	% Economic
Common Stock (post-IPO) (listed) 1 vote per share	21.38M	100.0%
Total economic shares	21.38M	100%

Not counted toward economic shares

Convertible Preferred Stock (Series A, B, C — all series)

Pre-conversion — already in the listed class

96.94M

Valuation

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