Kineta acquisition closed; Q1 2025 financials show $1.7M net loss and $13.2M deficit

TuHURA Biosciences, Inc./NV

Cash $304K, total liabilities $14M, stockholders' deficit $13.2M as of March 31, 2025.
Net loss attributable to Kineta for Q1 2025 was $1.676M vs $10.238M in Q1 2024 on reduced R&D spend.
Accumulated deficit reached $184.6M; Kineta has going concern warning with insufficient cash for next 12 months.
Merger consideration includes up to $16.5M initial stock, $6.5M delayed stock, $12M cash (net of exclusivity credits and working capital adjustments).

item 9.01

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