other material
confidence high
sentiment neutral
materiality 0.55
TuHURA receives $3.0M in secured notes from warrant holders for 1.03M shares
TuHURA Biosciences, Inc./NV
- Aggregate $3,011,372.60 in secured promissory notes from four Makers, including KP Biotech Group, CA Patel F&F, Kiran C. Patel, and Donald Wojnowski.
- Notes bear 12% simple interest (18% upon default); all principal and interest due by May 30, 2025.
- Company issued 1,034,836 restricted common shares upon exercise of warrants; notes secured by those shares.
- Makers include company insiders and affiliates; notes represent payment of warrant exercise price.