{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-022632","form_type":"8-K","ticker":null,"cik":"0001445283","company_name":"KINETA, INC./DE","filed_at":"2024-02-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.213730+00:00","generated_at":"2026-06-05T06:30:08.391098+00:00","sec_items":["2.05","7.01","5.02","8.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Kineta cuts 64% of staff, halts trial enrollment, explores strategic alternatives","bullets":["Workforce reduced by 64% (7 employees), including CEO Shawn Iadonato and GC Pauline Kenny, effective March 1, 2024.","CEO and GC transition to consultants through Dec 2024; unvested equity continues to vest; Iadonato stays on board.","Terminates enrollment in VISTA-101 Phase 1/2 trial for KVA12123; currently enrolled patients may continue.","Certain investors will not fulfill funding obligations for second tranche of private placement, causing cash insufficiency.","Exploring sale of assets, sale of company, merger, licensing, or liquidation to maximize shareholder value."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-022632","json":"https://secwatch.observer/filing/0000950170-24-022632.json","markdown":"https://secwatch.observer/filing/0000950170-24-022632.md","text":"https://secwatch.observer/filing/0000950170-24-022632.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1445283/000095017024022632/0000950170-24-022632-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1445283/000095017024022632/ka-20240229.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T06:30:08.391098+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"396f007a02","claim":"Pauline Kenny was terminated as General Counsel and Secretary at KINETA, INC./DE.","evidence_excerpt":"the Company terminated the employment of Pauline Kenny as General Counsel and Secretary of the Company, effective as of March 1, 2024","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1445283/000095017024022632/0000950170-24-022632-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"terminated"},{"label":"Role","value":"General Counsel and Secretary"}],"fact_type":"executive_change"},{"claim_id":"4afeeadd3e","claim":"Shawn Iadonato was terminated as Chief Executive Officer at KINETA, INC./DE.","evidence_excerpt":"the Company terminated the employment of Shawn Iadonato, Ph.D. as Chief Executive Officer of the Company, effective as of March 1, 2024","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1445283/000095017024022632/0000950170-24-022632-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"terminated"},{"label":"Role","value":"Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"c9355494994b1bc9094ca8cd732b0bd47ad6bb52","claim":"KINETA, INC./DE announced a restructuring with charges of The restructuring includes a significant workforce reduction to substantially reduce expenses and preserve cash. (Kineta is reducing its workforce by approximately 64%, which will result in the elimination of seven positions. This inc).","evidence_excerpt":"On February 29, 2024, Kineta, Inc. (the “Company”) announced its intention to explore strategic alternatives, as described further under Item 7.01 of this Current Report on Form 8-K (this “Current Report”). In connection therewith, the Company made a decision to implement a workforce reduction of the Company’s workforce by seven full-time employees, or approximately 64% of the Company’s then-current employee base.","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1445283/000095017024022632/0000950170-24-022632-index.htm","confidence":0.95,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"The restructuring includes a significant workforce reduction to substantially reduce expenses and preserve cash."},{"label":"Headcount","value":"Kineta is reducing its workforce by approximately 64%, which will result in the elimination of seven positions. This inc"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}