secwatch / observer
8-K filed January 26, 2024, 6:59 PM ET ticker KURA CIK 0001422143
other material confidence high sentiment positive materiality 0.70

Kura Oncology raises $150M via oversubscribed private placement at 29% premium

Kura Oncology, Inc.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Kura Oncology, Inc. entered into Securities Purchase Agreement with certain institutional accredited investors named therein valued at approximately $150.0 million (effective 2024-01-24).

Action
entry
Agreement
equity purchase
Counterparty
certain institutional accredited investors named therein
Value
approximately $150.0 million
Effective
2024-01-24
Exact text from the filing
On January 24, 2024, Kura Oncology, Inc. (the “Company”) entered into a securities purchase agreement (the “Securities Purchase Agreement”) with certain institutional accredited investors named therein (the “Purchasers”), pursuant to which the Company agreed to issue and sell to the Purchasers in a private placement (the “Private Placement”) (i) an aggregate of 1,376,813 shares (the “Shares”) of the Company’s common stock, par value $0.0001 per share (the “Common Stock”), at a purchase price of $17.25 per share, and (ii), in lieu of shares of Common Stock to certain Purchasers, pre-funded warrants (the “Pre-Funded Warrants”) to purchase up to an aggregate of 7,318,886 shares of Common Stock (the “Warrant Shares”) at a purchase price of $17.2499 per Pre-Funded Warrant (representing the $17.25 per Share purchase price less the exercise price of $0.0001 per Warrant Share).
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Kura Oncology, Inc. entered into Registration Rights Agreement with the Purchasers (effective 2024-01-26).

Action
entry
Counterparty
the Purchasers
Effective
2024-01-26
Exact text from the filing
On January 26, 2024, the Company entered into a registration rights agreement (the “Registration Rights Agreement”) with the Purchasers, pursuant to which the Company agreed to register for resale the Shares and the Warrant Shares held by the Purchasers (the “Registrable Securities”).
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197 material agreements filed in the last 30 days. Browse all material agreements →

Kura Oncology, Inc. filing history →

Source: SEC EDGAR
accession 0001193125-24-016715
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