m_and_a
confidence high
sentiment positive
materiality 0.80
TuHURA completes Kineta acquisition, adds Phase 2 VISTA mAb TBS-2025
TuHURA Biosciences, Inc./NV
- Each Kineta share converted into 0.185298 TuHURA shares; ~2.87M shares issued at closing, plus up to ~1.13M additional shares subject to six-month adjustment.
- VISTA-inhibiting antibody renamed TBS-2025; TuHURA plans Phase 2 trial in NPM1 mutated AML in 2H 2025.
- Acquisition unlocks fourth tranche of $12.5M PIPE financing announced June 3, 2025.
- TuHURA believes TBS-2025 can overcome acquired resistance to cancer immunotherapy; exploring ADC synergies.
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