M&A
confidence high
sentiment neutral
materiality 0.90
Kintara completes reverse merger with TuHURA; renamed TuHURA Biosciences, trades as HURA
TuHURA Biosciences, Inc./NV
- Merger closed Oct 18, 2024; Kintara securityholders own ~2.85% of combined entity (or 5.45% if CVR milestone met).
- TuHURA securityholders own ~97.15% (or 94.55% after CVR shares).
- 1-for-35 reverse stock split pre-merger; common stock now trades under HURA on Nasdaq.
- CVRs issued to former Kintara holders; up to ~1.54M shares payable if REM-001 CMBC study milestone met by Dec 31, 2025.
- Combined company focuses on TuHURA's personalized cancer vaccine IFx-2.0; Phase 3 trial in MCC planned for Q1 2025.