Cover Page - USD ($) $ in Millions | 12 Months Ended | | |
Dec. 31, 2022 | Mar. 15, 2023 | Jun. 30, 2022 |
Cover [Abstract] | | | |
Document Type | 10-K/A | | |
Amendment Flag | true | | |
Document Period End Date | Dec. 31, 2022 | | |
Document Fiscal Year Focus | 2022 | | |
Document Fiscal Period Focus | FY | | |
Entity Registrant Name | CANDEL THERAPEUTICS, INC. | | |
Entity Central Index Key | 0001841387 | | |
Current Fiscal Year End Date | --12-31 | | |
Entity Filer Category | Non-accelerated Filer | | |
Entity Small Business | true | | |
Entity Interactive Data Current | Yes | | |
Entity Current Reporting Status | Yes | | |
Entity Well-known Seasoned Issuer | No | | |
Entity Voluntary Filers | No | | |
Entity Emerging Growth Company | true | | |
Entity Ex Transition Period | false | | |
ICFR Auditor Attestation Flag | false | | |
Entity Shell Company | false | | |
Entity Common Stock, Shares Outstanding | | 28,919,810 | |
Entity Public Float | | | $ 72.3 |
Entity File Number | 001-40629 | | |
Entity Tax Identification Number | 52-2214851 | | |
Entity Address, Address Line One | 117 Kendrick St | | |
Entity Address, Address Line Two | Suite 450 | | |
Entity Address, City or Town | Needham | | |
Entity Address, State or Province | MA | | |
Entity Address, Postal Zip Code | 02494 | | |
Entity Incorporation, State or Country Code | DE | | |
City Area Code | 617 | | |
Local Phone Number | 916-5445 | | |
Title of 12(b) Security | Common Stock, par value $0.01 per share | | |
Trading Symbol | CADL | | |
Security Exchange Name | NASDAQ | | |
Document Annual Report | true | | |
Document Transition Report | false | | |
Auditor Name | KPMG LLP | | |
Auditor Location | Boston Massachusetts | | |
Auditor Firm ID | 185 | | |
Amendment Description | Candel Therapeutics, Inc. is filing this Amendment No. 1 on Form 10-K/A (the “Form 10-K/A”) to the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2022 (the “Original Form 10-K”), filed with the Securities and Exchange Commission (the “SEC”) on March 30, 2023, only for the purpose of including the Part III information required under the instructions to Form 10-K and the general rules and regulations under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), which information was previously omitted from the Original Form 10-K in reliance on General Instruction G(3) to Form 10-K, which permits the omitted information to be incorporated in the Original Form 10-K by reference from our definitive proxy statement if such statement is filed no later than 120 days after our fiscal year-end. This Form 10-K/A amends and restates only Part III, Items 10, 11, 12, 13, and 14, and amends Part IV, Item 15 of the Original Form 10-K. In addition, this Form 10-K/A deletes the reference on the cover of the Original Form 10-K to the incorporation by reference of portions of our proxy statement into Part III of the Original Form 10-K. No other Items of the Original Form 10-K have been amended or revised in this Form 10-K/A, and all such other Items shall be as set forth in the Original Form 10-K. In addition, pursuant to SEC rules, Item 15 of Part IV of the Original Form 10-K is hereby amended solely to include, as Exhibits 31.3 and 31.4, new certifications of our principal executive officer and principal financial officer pursuant to Rule 13a-14(a) under the Exchange Act. Because no financial statements are included in this Form 10-K/A and this Form 10-K/A does not contain or amend any disclosure with respect to Items 307 and 308 of Regulation S-K, paragraphs 3, 4, and 5 of such certifications have been omitted. We are not including new certifications required by Rule 13a-14(b) under the Exchange Act as no financial statements are included in this Form 10-K/A. In addition, no other information has been updated for any subsequent events occurring after March 30, 2023, the date of the filing of the Original Form 10-K. Accordingly, this Form 10-K/A should be read in conjunction with the Original Form 10-K and our other filings made with the SEC subsequent to the filing of the Original Form 10-K. Unless the context otherwise requires, references in this Form 10-K/A to “Candel,” “Candel Therapeutics,” the “Company,” “we,” “our,” or “us” mean Candel Therapeutics, Inc., a Delaware corporation, and its consolidated subsidiaries. | | |