---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-045231"
form_type: "8-K"
ticker: "NKTX"
cik: "0001787400"
company_name: "Nkarta, Inc."
filed_at: "2025-03-26T23:59:59+00:00"
generated_at: "2026-05-24T05:08:41.910584+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Nkarta cuts workforce 34%, CFO departs; NKX019 autoimmune data due H2 2025; cash into 2029

## Summary
- Workforce reduction of 34% (53 positions) to cut costs and extend cash runway into 2029.
- CFO Alyssa Levin terminates March 31; President Nadir Mahmood named principal financial officer.
- Cash $380.5M as of Dec 31, 2024; expects cash to fund operations into 2029.
- Net loss FY2024 $108.8M ($1.60/share), Q4 $25.9M ($0.35/share).
- Preliminary NKX019 clinical data from Ntrust-1 and Ntrust-2 trials expected H2 2025.

## SEC filing metadata
- accession: 0000950170-25-045231
- form_type: 8-K
- ticker: NKTX
- cik: 0001787400
- company_name: Nkarta, Inc.
- filed_at: 2025-03-26T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 2.05, 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1787400/000095017025045231/0000950170-25-045231-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1787400/000095017025045231/nktx-20250326.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-045231
- JSON: https://secwatch.observer/filing/0000950170-25-045231.json
- Plain text: https://secwatch.observer/filing/0000950170-25-045231.txt

## Key facts
- Executive change
  Nadir Mahmood was appointed as principal financial officer and principal accounting officer at Nkarta, Inc..
  - Action: appointed
  - Role: principal financial officer and principal accounting officer
  source text: Effective as of Levin Transition Date, the Board appointed Nadir Mahmood, Ph.D., the Company’s President, to succeed Ms. Levin as the Company’s principal financial officer and principal accounting officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1787400/000095017025045231/0000950170-25-045231-index.htm
- Executive change
  Alyssa Levin was terminated as Chief Financial and Business Officer at Nkarta, Inc..
  - Action: terminated
  - Role: Chief Financial and Business Officer
  source text: On March 26, 2025, the Company announced that Alyssa Levin’s employment would be terminated effective March 31, 2025
  evidence_url: https://www.sec.gov/Archives/edgar/data/1787400/000095017025045231/0000950170-25-045231-index.htm
- Restructurings & Charges
  Nkarta, Inc. announced a restructuring with charges of approximately $5.5 million to $6.5 million (approximately 34% of the Company’s workforce, or 53 positions).
  - Type: restructuring
  - Charge: approximately $5.5 million to $6.5 million
  - Headcount: approximately 34% of the Company’s workforce, or 53 positions
  source text: are expected to extend the Company’s cash runway into 2029. In connection with the implementation of the Reduction, the Company currently estimates it will incur approximately $5.5 million to $6.5 million in expenses, consisting primarily of cash severance costs, benefits, payroll taxes and other termination costs for impacted employees, which the Company expects
  evidence_url: https://www.sec.gov/Archives/edgar/data/1787400/000095017025045231/0000950170-25-045231-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
