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Aardvark Therapeutics, Inc.

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The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Aardvark is the subject of a report published by Reuters on February 27, 2026, titled: “Aardvark pauses late-stage trial testing rare disease treatment.” According to the article, “The company said it decided to pause the late-stage study ‘out of an abundance of caution’ after it found some heart-related side effects during safety monitoring in a healthy volunteer study in patients receiving higher‑than‑planned doses of the treatment.” Based on this news, shares of Aardbark fell by more than 47.3% in after hours trading on the same day.

Press Release

AARD Investors Have Opportunity to Join Aardvark Therapeutics, Inc. Fraud Investigation with the Schall Law Firm

Los Angeles, February 28, 2026  — The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Aardvark Therapeutics, Inc. (“Aardvark” or “the Company”) (NASDAQ: AARD) for violations of the securities laws.

The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Aardvark is the subject of a report published by Reuters on February 27, 2026, titled: “Aardvark pauses late-stage trial testing rare disease treatment.” According to the article, “The company said it decided to pause the late-stage study ‘out of an abundance of caution’ after it found some heart-related side effects during safety monitoring in a healthy volunteer study in patients receiving higher‑than‑planned doses of the treatment.” Based on this news, shares of Aardbark fell by more than 47.3% in after hours trading on the same day.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm’s website at www.schallfirm.com, or by email at bschall@schallfirm.com.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

CONTACT:

The Schall Law Firm
Brian Schall, Esq.

310-301-3335

info@schallfirm.com

www.schallfirm.com

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