As of November 6, 2026, 2 holders' latest Schedule 13D or 13G filings report owning 5% or more of Cardiol Therapeutics Inc. The largest reported stake is MMCAP International Inc. SPC's, at 17.6%. 5 filings are on record since October 23, 2025 (Schedule 13G/A, August 14, 2026).
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Key facts
- · Reporting person: Tejara Capital Ltd · Sole voting: 0 · Shared voting: 0 · Sole dispositive: 0 · Shared dispositive: 6,382,551 · SCHEDULE 13G/A, 2026-09-23
- · Reporting person: MMCAP International Inc. SPC · Sole voting: 0 · Shared voting: 21,310,099 · Sole dispositive: 0 · Shared dispositive: 21,310,099 · SCHEDULE 13G/A, 2026-08-14
- · Holder: MMCAP International Inc. SPC · Percent: 17.9% · SCHEDULE 13G/A
- · Holder: MMCAP International Inc. SPC · Percent: 14.9% · SCHEDULE 13G
- · Holder: Tejara Capital Ltd · Percent: 5.2% · SCHEDULE 13G
Cardiol Therapeutics Inc. has 5 Schedule 13D or 13G filings on record since 2025-10-23. 2 holders' latest filing reports 5% or more of class a common shares. Each figure below is the holder's own, as filed, with the filing linked.
Holders
| Holder | Percent | Shares | Latest | Event date |
|---|---|---|---|---|
| MMCAP International Inc. SPC | 17.6% | 21,310,099 | SCHEDULE 13G/A, 2026-08-14 | 2026-06-30 |
| Tejara Capital Ltd | 5.3% | 6,382,551 | SCHEDULE 13G/A, 2026-09-23 | 2026-09-02 |
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Keep reading
More on Cardiol Therapeutics Inc. and the records around it.
Cardiol Therapeutics Inc. elsewhere on the record
Companies that share a holder
- MMCAP International Inc. SPC also filed stake reports on 52 other companies: BHAV Acquisition Corp II (Nov 2026), Haymaker Acquisition Corp V (Sep 2026), Thunder Bridge Capital Partners V, Ltd. (Aug 2026)
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What the Full Report on Cardiol Therapeutics Inc. covers
The Short Answer
Which Company This Is
What They Do, And How The Money Works
Who Runs It, And How To Reach Them
The Money: Funding, Valuation, Runway
Who Pays Them, And Who They Are Up Against
Warning Bells
Sources
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Voting and dispositive power, as filed
| Reporting person | Sole voting | Shared voting | Sole dispositive | Shared dispositive | Filing |
|---|---|---|---|---|---|
| MMCAP International Inc. SPC | 0 | 21,310,099 | 0 | 21,310,099 | SCHEDULE 13G/A, 2026-08-14 |
| MM Asset Management Inc. | 0 | 21,310,099 | 0 | 21,310,099 | SCHEDULE 13G/A, 2026-08-14 |
| Tejara Capital Ltd | 0 | 0 | 0 | 6,382,551 | SCHEDULE 13G/A, 2026-09-23 |
The latest filing identifies Cardiol Therapeutics Inc. by CUSIP 14161Y200 and gives its principal executive office as 602-2265 UPPER MIDDLE ROAD EAST, OAKVILLE (SCHEDULE 13G/A, 2026-09-23).
What the percentages are based on
See Item 11 on the cover page for each Reporting Person. The percentages of beneficial ownership contained herein are based on: (x) 115,272,240 Class A Common Shares outstanding as of May 11, 2026 as reported in the Issuer's MD&A for the three months ended March 31, 2026 as found on the Issuer's website; and (2) the Class A Common Shares underlying the warrants described in Item 4(a) above.MMCAP International Inc. SPC, SCHEDULE 13G/A, 2026-08-14
Timeline
| Filed | Holder | Percent | Filing |
|---|---|---|---|
| 2025-10-23 | Tejara Capital Ltd | 5.2% | SCHEDULE 13G |
| 2026-01-30 | MMCAP International Inc. SPC | 14.9% | SCHEDULE 13G |
| 2026-05-15 | MMCAP International Inc. SPC | 17.9% | SCHEDULE 13G/A |
| 2026-08-14 | MMCAP International Inc. SPC | 17.6% | SCHEDULE 13G/A |
| 2026-09-23 | Tejara Capital Ltd | 5.3% | SCHEDULE 13G/A |
Questions about who owns Cardiol Therapeutics Inc.
Who owns Cardiol Therapeutics Inc.?
On this page, 2 holders' latest ownership filings report 5% or more of Cardiol Therapeutics Inc.: MMCAP International Inc. SPC (17.6%, Schedule 13G/A, filed 2026-08-14) and Tejara Capital Ltd (5.3%, Schedule 13G/A, filed 2026-09-23).
Who are the largest shareholders of Cardiol Therapeutics Inc.?
By the share each holder's latest filing reports, the largest holders of Cardiol Therapeutics Inc. on this page are MMCAP International Inc. SPC (17.6%) and Tejara Capital Ltd (5.3%).
When did MMCAP International Inc. SPC buy into Cardiol Therapeutics Inc.?
The filings give report dates, not purchase dates. The earliest filing from MMCAP International Inc. SPC on this page is the Schedule 13G, filed 2026-01-30, reporting 14.9%; its latest, Schedule 13G/A filed 2026-08-14, reports 17.6%.
Is this an audit or a full list?
Neither. The ownership list on this page covers only Schedule 13D and 13G filings, which holders make once they own 5% or more of a class of shares (an amendment can report a stake that has since fallen below 5%); 5 such filings are shown here. It is not an audit and not a full cap table: holders who never reached 5% are not listed, and a stake can change after its latest filing.
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Where this comes from
Anyone who comes to own more than 5% of a class of a listed company's voting shares has to tell the SEC. A holder who may seek to change or influence the company files Schedule 13D, and has to say in Item 4, "Purpose of Transaction", what it intends to do. A holder with no such intent, such as many index and passive funds, may file the shorter Schedule 13G. Both are amended when the stake changes, including when it falls below 5%.
Every row here is one of those filings, linked to the filing itself. Percentages and share counts are exactly as the holder filed them, for the holder the filing names; an amendment showing a lower figure is shown as filed. Item 4 text is quoted word for word. Where a 13D's Item 4 contains a sentence stating a definite intent to influence the company, that sentence is marked and quoted; the page does not describe the holder or its motives beyond the words it filed. Nothing here is investment advice.
