---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-105924"
form_type: "8-K/A"
ticker: "JSPR"
cik: "0001788028"
company_name: "Jasper Therapeutics, Inc."
filed_at: "2026-10-01T21:29:23+00:00"
generated_at: "2026-10-12T14:29:14.914833+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Jasper 8-K/A details Kira merger financials: FY2025 net loss $4.4M, going-concern doubt, $132M preferred financing

## Summary
- Kira reported FY2025 net loss of $4.4M (vs $4.8M in FY2024); R&D expense fell to $0.9M from $2.8M and G&A was $1.5M.
- Auditor EisnerAmper cited substantial doubt about Kira's ability to continue as a going concern; accumulated deficit was $180.8M with only $0.6M cash at Dec 31, 2025.
- Concurrent private placement of non-voting convertible preferred stock raised $132.0M gross; Jasper must seek stockholder conversion vote within 120 days of the July 16, 2026 merger close.
- If conversion isn't approved in 12 months, holders can require Jasper to repurchase the preferred at fair value; the deal also includes contingent value rights and a Mirador License Agreement.
- Kira's Dec 31, 2025 balance sheet showed $1.1M total assets vs $8.9M liabilities, including $6.4M trade payables; a $3.95M loss on remeasurement of a related-party convertible note.

## SEC filing metadata
- accession: 0001213900-26-105924
- form_type: 8-K/A
- ticker: JSPR
- cik: 0001788028
- company_name: Jasper Therapeutics, Inc.
- filed_at: 2026-10-01T21:29:23+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1788028/000121390026105924/0001213900-26-105924-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1788028/000121390026105924/ea0306860-8ka1_jasper.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-105924
- JSON: https://secwatch.observer/filing/0001213900-26-105924.json
- Plain text: https://secwatch.observer/filing/0001213900-26-105924.txt

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