m_and_a
confidence high
sentiment neutral
materiality 0.85
TuHURA Biosciences completes acquisition of Kineta; Kineta stockholders get 0.185298 HURA shares each
KINETA, INC./DE
- Each Kineta share converted into 0.185298 shares of TuHURA common stock; ~2.87M HURA shares issued at close.
- 2nd contingent consideration: 1,129,885 additional HURA shares issuable after 6 months, subject to loss adjustments.
- Kineta VISTA mAb (KVA12123, now TBS-2025) added; Phase 2 trial in NPM1-mutated AML planned for H2 2025.
- Fourth tranche of $12.5M PIPE financing unlocked upon closing.
- Kineta stock halted on OTC Pink; company will file Form 15 to terminate SEC registration. All directors/officers resigned.
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