M&A - TuHURA Biosciences, Inc./NV

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Form Type: 8-K

Filing Date: 2025-06-30

Corporate Action: Merger

Type: New

Accession Number: 000095017025091693

Filing Summary: On June 30, 2025, TuHURA Biosciences, Inc. completed its acquisition of Kineta, Inc., as outlined in the Agreement and Plan of Merger dated December 11, 2024, and amended on May 5, 2025. This involved a two-step merger where Merger Sub I merged with Kineta, making Kineta the surviving corporation, followed by a merger of Kineta into Merger Sub II, with Merger Sub II being the surviving entity. Each share of Kineta common stock was converted to 0.185298 shares of TuHURA common stock, amounting to approximately 2,868,169 shares. Additional arrangements included the potential issuance of approximately 1,129,885 shares of TuHURA common stock and conditions for cash consideration regarding legacy Kineta assets. A press release was issued on the same date announcing the merger's completion. Financial statements related to the acquisition will be filed by amendment within 71 days of this report.

Additional details:

Date Of Report: 2025-06-30


Merger Agreement Date: 2024-12-11


Amendment Date: 2025-05-05


Shares Converted Per Share: 0.185298


Total Shares Issued: 2868169


Additional Shares Future Issue: 1129885


Cash Consideration Terms: pro rata share for legacy assets


Press Release Date: 2025-06-30


Form Type: 8-K

Filing Date: 2025-06-24

Corporate Action: Merger

Type: New

Accession Number: 000095017025089118

Filing Summary: On June 23, 2025, TuHURA Biosciences, Inc. held a Special Meeting where stockholders voted on key proposals related to the previously disclosed Merger Agreement with Kineta, Inc. The Mergers consist of two parts: the First Merger where Merger Sub I will merge with Kineta with Kineta as the surviving entity, and the Second Merger in which the surviving entity will then merge with Merger Sub II. Key proposals included an increase in authorized shares from 75 million to 200 million, which was approved with 28,531,894 votes for; a reincorporation from Nevada to Delaware, with 23,703,577 votes for; election of six directors, all approved; a non-binding advisory compensation proposal for executive officers received 21,009,852 votes for; and ratification of Cherry Bekaert LLP as the independent registered public accounting firm which received 28,867,309 votes for. The satisfactory approval from stockholders allows TuHURA and Kineta to proceed with the Mergers as soon as possible, pending the fulfillment of remaining closing conditions under the Merger Agreement.

Additional details:

Authorized Share Increase Proposal Votes For: 28531894


Authorized Share Increase Proposal Votes Against: 568157


Authorized Share Increase Proposal Abstentions: 34930


Delaware Conversion Proposal Votes For: 23703577


Delaware Conversion Proposal Votes Against: 73058


Delaware Conversion Proposal Abstentions: 8289


Directors Elected Votes For James Bianco: 21629699


Directors Elected Votes For James Manuso: 21730343


Directors Elected Votes For Alan List: 21678666


Directors Elected Votes For George Ng: 21643531


Directors Elected Votes For Robert Hoffman: 21730746


Directors Elected Votes For Craig Tendler: 21678617


Executive Compensation Proposal Votes For: 21009852


Executive Compensation Proposal Votes Against: 2759302


Executive Compensation Proposal Abstentions: 15764


Auditor Ratification Votes For: 28867309


Auditor Ratification Votes Against: 247821


Auditor Ratification Abstentions: 19851


Form Type: 8-K

Filing Date: 2025-06-06

Corporate Action: Merger

Type: New

Accession Number: 000119312525137135

Filing Summary: On June 2, 2025, TuHURA Biosciences, Inc. and investors entered into a securities purchase agreement for a private placement, agreeing to issue 4.76 million shares of common stock and corresponding warrants, collectively valued at approximately $12.6 million. Purchasers are obligated to purchase their shares in four equal tranches based on specific milestones connected to FDA notifications regarding clinical trials and the completion of conditions for a merger with Kineta, Inc. The offering's effective price per Share and Warrant is $2.65. The company plans to allocate proceeds from the offering for the merger with Kineta, funding clinical trials, and for working capital needs. The Warrants will expire five years post certain conditions being met, including merger approval. Important registration documents related to the merger have been filed with the SEC, urging stakeholders to review the proxy statement for critical details on the merger with Kineta. The Form 8-K does not serve as a solicitation for any securities, and the forward-looking statements within it emphasize the uncertainty related to future results.

Additional details:

Shares Issued: 4760000


Offering Amount: 12600000


Initial Closing Amount: 2230000


Exercise Price Warrants: 3.3125


Final Closing Deadline: 2025-12-31


Form Type: 10-Q

Filing Date: 2025-05-15

Corporate Action: Merger

Type: Update

Accession Number: 000095017025072745

Filing Summary: TuHURA Biosciences, Inc. has entered into a merger agreement with Kineta, Inc., whereby Merger Sub I will merge with Kineta, leaving Kineta as the surviving corporation. This will be followed by a second merger where Kineta will merge into Merger Sub II, part of the same transaction. The mergers are intended to qualify as a tax-free reorganization. The original merger agreement was dated December 11, 2024, and the amendment was executed on May 5, 2025. The merger consideration includes both cash and shares of TuHURA common stock, with a total cash component of $6,005,000 and approximately 3,998,053 shares of TuHURA common stock to be distributed to Kineta's stockholders. The expected closing for the mergers is in the second quarter of 2025, subject to the fulfillment of certain conditions. Additionally, a registration form was filed in connection with the mergers.

Additional details:

Share Count: 43680396


Common Stock Par Value: 0.001


Cash And Cash Equivalents: 6219831


Net Loss: 6664371


Total Current Assets: 14325380


Total Assets: 14638677


Total Liabilities: 4782214


Total Stockholders Equity: 9856463


Form Type: 8-K

Filing Date: 2025-05-15

Corporate Action: Merger

Type: Update

Accession Number: 000095017025072685

Filing Summary: TuHURA Biosciences, Inc. reported its financial results for the first quarter ending March 31, 2025, and provided an update regarding its proposed merger with Kineta, Inc. The filing includes a press release that highlights the company's performance and outlines details about the merger, including that a registration statement on Form S-4 was filed with the SEC, encompassing a preliminary joint proxy statement and prospectus. Investors are encouraged to read these documents for comprehensive information regarding the merger. This filing is not a solicitation or offer related to the merger, and the definitive joint proxy statement will be sent to stockholders once finalized. Furthermore, cautionary notes regarding forward-looking statements are provided, signaling that the information and projections are based on current beliefs and may change.

Additional details:

Item: results_of_operations

Description: Reported financial results for Q1 2025


Item: merger_partner

Description: Kineta, Inc.


Item: registration_statement_date

Description: February 7, 2025


Item: exhibit_document

Description: Press Release dated May 15, 2025


Form Type: 8-K

Filing Date: 2025-05-07

Corporate Action: Merger

Type: Update

Accession Number: 000095017025065057

Filing Summary: On May 5, 2025, TuHURA Biosciences, Inc. amended its previously disclosed merger agreement with Kineta, Inc. to incorporate substantial changes. This involves a two-step merger process where Merger Sub I will first merge with Kineta, followed by Merger Sub II merging into the surviving entity. The merger consideration now includes specified stock and cash components calculated based on various adjustments, including deductions for liabilities incurred by TuHURA related to Kineta. Additionally, the End Date for the transaction has been extended to June 30, 2025. The Amendment also sets forth prerequisites for closing, including a minimum gross fundraising requirement of $20 million prior to the merger closing. Other relevant details regarding share conversion and cash considerations have been articulated, necessitating thorough review of the revised agreement.

Additional details:

Item Name: merger_agreement_amendment_date

Item Value: 2025-05-05


Item Name: first_merger_surviving_entity

Item Value: Kineta


Item Name: second_merger_surviving_company

Item Value: Merger Sub II


Item Name: initial_per_share_stock_consideration

Item Value: calculated on $16,500,000 minus deductions, divided by $5.7528, rounded down to six decimal places


Item Name: delayed_per_share_stock_consideration

Item Value: calculated based on $6,500,000 and other factors as described, divided by the Parent Share Value


Item Name: per_share_cash_consideration

Item Value: calculated on $12,000,000 minus previous payments and liabilities, divided by fully diluted Kineta Common Stock


Item Name: loaned_amount

Item Value: includes amounts previously advanced by TuHURA to Kineta


Item Name: concurrent_investment_gross_proceeds

Item Value: $20,000,000


Item Name: amendment_end_date

Item Value: 2025-06-30


Form Type: S-4/A

Filing Date: 2025-05-06

Corporate Action: Merger

Type: Update

Accession Number: 000119312525113920

Filing Summary: The document details the amendments and updates regarding the merger agreement involving TuHURA Biosciences, Inc. The filing outlines changes to the terms of equity compensation plans and preferred stock issuance. It includes information on the merger's implications for existing shareholders, adjustments in security offerings, and planned distributions moving forward. The amended terms affect valuations and warrant structures in context to the merger's finalization date, alongside providing insights into any financial conditions tied to the execution of these agreements.

Additional details:

Merger Agreement Status: updated


Equity Compensation Plan Changes: included changes to the equity compensation plans


Preferred Stock Terms: adjustments in preferred stock issuance


Shareholder Implications: details on how existing shareholder rights are affected


Warrant Structures: provides updates on warrant issuances related to the merger


Form Type: 425

Filing Date: 2025-04-01

Corporate Action: Merger

Type: New

Accession Number: 000119312525069713

Filing Summary: On April 1, 2025, TuHURA Biosciences, Inc. provided a corporate update and reported its financial results for fiscal year 2024. A significant highlight includes the proposed acquisition by merger of Kineta, Inc., a strategic move aimed at enhancing TuHURA's clinical pipeline with Kineta's VISTA inhibiting antibody. The merger is expected to close in Q2 2025, pending relevant funding and closing conditions. TuHURA aims to initiate its Phase 3 accelerated approval trial of IFx-2.0 in Q2 2025, utilizing a Special Protocol Assessment from the FDA. CEO James Bianco noted that 2024 was a transformative year with NASDAQ listing achieved and capital raised to fund developmental needs. In 2024, TuHURA reported R&D expenses of $13.3 million, reflecting ongoing clinical development efforts. The company emphasized that while cautioning against undue reliance on forward-looking statements, it anticipates significant advancements in 2025, including potential integration of Kineta’s assets.

Additional details:

Item Reported: Item 2.02


Press Release Date: 2025-04-01


Project Type: Merger with Kineta, Inc.


Expected Closing Date: Q2 2025


Financial Results Period: Fiscal Year 2024


Research Development Expense: $13.3 million


General Administrative Expense: $4.3 million


Capital Raised: $36 million


NASDAQ Symbol: HURA


Form Type: 8-K

Filing Date: 2025-04-01

Corporate Action: Merger

Type: New

Accession Number: 000119312525069706

Filing Summary: On April 1, 2025, TuHURA Biosciences, Inc. reported its financial results for the year ended December 31, 2024, and provided a corporate update. The company announced a proposed acquisition by merger of Kineta, Inc., detailing that documents including a preliminary joint proxy statement and prospectus would be filed with the SEC. The merger is underlined by regulatory processes and the necessity for approval from both companies' stockholders. The report emphasizes the importance of reading the joint proxy statement/prospectus for critical information regarding the merger, encouraging investors and securityholders to stay informed. The company affirms that this filing is not a solicitation of a proxy or an offer to sell any securities, while also noting potential risks and uncertainties that may affect the merger process.

Additional details:

Item Number: 2.02


Financial Results Period End: 2024-12-31


Registration Statement Date: 2025-02-07


Exhibit Number: 99.1


Document Title: Press Release


Form Type: 10-K

Filing Date: 2025-03-31

Corporate Action: Merger

Type: Update

Accession Number: 000095017025047921

Filing Summary: On October 18, 2024, TuHURA Biosciences, Inc. completed a merger with Kintara Therapeutics, which resulted in Kintara, the surviving corporation, renaming itself to TuHURA Biosciences, Inc. Following the merger, the business of the legacy company became the primary focus of the merged entity. Additionally, a 1-for-35 reverse stock split was executed in relation to this merger. The merger was executed in accordance with the terms laid out in the Kintara Merger Agreement from April 2, 2024, where Legacy TuHURA became a wholly owned subsidiary of the newly named corporation. After the merger, there was an issuance of approximately 40 million shares to the legacy stockholders of TuHURA, based on a predetermined exchange ratio, reflecting all necessary filings with the SEC and impacting the overall structure of the company as it transitions into its newly defined operational identity. The company targets developments in immuno-oncology and anticipates a second merger to acquire Kineta, Inc. in the upcoming months, focusing on improving their product offerings against cancer treatments.

Additional details:

Trading Symbol: HURA


Market Value Non Affiliates: 14932000


Common Stock Outstanding: 43680397


Form Type: 8-K

Filing Date: 2025-03-18

Corporate Action: Merger

Type: New

Accession Number: 000095017025040770

Filing Summary: On March 18, 2025, TuHURA Biosciences, Inc. began presentations to investors and analysts regarding a proposed merger with Kineta, Inc. TuHURA will file relevant materials for this transaction with the SEC and mail joint proxy statements to stockholders. They urge investors to review the upcoming materials as they will contain crucial information about the merger. This report serves as a Regulation FD disclosure, and while presenting information regarding the merger, TuHURA admits no materiality of the information disclosed. The document includes forward-looking statements about the merger, addressing potential risks and uncertainties that could impact the completion and success of the merger.

Additional details:

Item: investor_presentation

Description: Investor Presentation dated March 2025


Item: address

Description: 10500 University Center Dr., Suite 110, Tampa, Florida 33612


Item: telephone_number

Description: (813) 875-6600


Form Type: S-4

Filing Date: 2025-02-07

Corporate Action: Merger

Type: New

Accession Number: 000119312525022803

Filing Summary: TuHURA Biosciences, Inc. has filed a registration statement on Form S-4 in relation to a merger agreement involving the company. The document outlines the terms of the merger, the approval process, and the implications for shareholders. Key details include the exchange ratios for different classes of shares, transaction structures, and anticipated timelines for the merger completion. The agreement is expected to enhance TuHURA's market presence and operational capabilities. The filing also mentions the need for shareholder approval and includes relevant financial disclosures.

Additional details:

Countrys: US


Preferred Stock Members: us-gaap:SeriesCPreferredStockMember


Common Stock Members: us-gaap:CommonStockMember


Dividends 2024: hura:O2024ADividendsMember


Dividends 2023: hura:O2023ADividendsMember


Additional Paid In Capital: us-gaap:AdditionalPaidInCapitalMember


Shares: us-gaap:PreferredStockMember


Form Type: 8-K

Filing Date: 2025-01-03

Corporate Action: Merger

Type: New

Accession Number: 000095017025001330

Filing Summary: On December 27, 2024, TuHURA Biosciences, Inc. completed a merger transaction with Kintara Therapeutics, Inc. under the terms of an Agreement and Plan of Merger dated April 2, 2024. Following the merger, Kintara changed its name to TuHURA Biosciences, Inc., with TuHURA Delaware remaining a wholly owned subsidiary of Kintara. This filing also details the dismissal of Marcum LLP as the independent registered public accounting firm and the appointment of Cherry Bekaert LLP for the fiscal year ended December 31, 2024. There were no disagreements with Marcum prior to their dismissal, and their reports did not contain adverse opinions. The appointment of Cherry Bekaert was unanimously approved by the Audit Committee of the board of directors of the newly named company.

Additional details:

Changes In Certifying Accountant: Dismissal of Marcum LLP as independent registered public accounting firm


New Certifying Accountant: Appointment of Cherry Bekaert LLP as independent registered public accounting firm


Previous Name: Kintara Therapeutics, Inc.


Current Name: TuHURA Biosciences, Inc.


Merger Date: 2024-12-27


Agreement Date: 2024-04-02


Form Type: S-8

Filing Date: 2024-12-23

Corporate Action: Merger

Type: New

Accession Number: 000095017024139679

Filing Summary: On October 18, 2024, TuHURA Biosciences, Inc. completed a merger as per the Agreement and Plan of Merger dated April 2, 2024, involving Kintara Therapeutics, Inc., Kayak Mergeco, Inc., and Legacy TuHURA Biosciences, Inc. Each stock option of Legacy TuHURA was assumed by TuHURA Biosciences and converted into an option for its common stock. This Registration Statement on Form S-8 registers 3,269,825 shares under Legacy TuHURA's 2019 Equity Incentive Plan and 11,000,000 shares under TuHURA's 2024 Equity Incentive Plan. The registrant also indicated its status as a smaller reporting company and uncertainties regarding the use of extended transition periods for compliance with new financial standards.

Additional details:

Plan Name: 2019 Equity Incentive Plan


Plan Name: 2024 Equity Incentive Plan


Total Shares 2019 Plan: 3269825


Total Shares 2024 Plan: 11000000


Principal Executive Offices Address: 10500 University Center Dr., Suite 110, Tampa, FL 33612


Agent For Service Name: Daniel Dearborn


Agent For Service Phone: (813) 875-6600


Form Type: 425

Filing Date: 2024-12-12

Corporate Action: Merger

Type: New

Accession Number: 000119312524276433

Filing Summary: On December 11, 2024, TuHURA Biosciences, Inc. entered into a definitive merger agreement to acquire Kineta, Inc. This strategic acquisition targets the integration of Kineta's KVA12123 antibody into TuHURA’s pipeline for cancer immunotherapy, enhancing its current offerings. The merger intends to generate cash and stock to Kineta stockholders, including a base cash amount totaling $9,005,000 and additional common stock estimated at 3,476,568 shares, with a holdback for liabilities. This merger is expected to close in Q1 2025 and follows a prior exclusivity agreement signed in July 2024. Both companies are optimistic about the potential benefits of the merger, which aims to leverage cross-product synergies. The merger is positioned as a tax-free reorganization under U.S. tax law. The completion of the merger is subject to stockholder approvals and senior financial conditions.

Additional details:

Merger Date: 2024-12-11

Base Cash Amount: 9005000 USD

Total Shares To Kineta: 3476568 shares

Holdback Shares: 869142 shares

Closing Date: 2025-Q1

Additional Cash Support: 900000 USD

Form Type: 8-K

Filing Date: 2024-12-12

Corporate Action: Merger

Type: New

Accession Number: 000119312524276426

Filing Summary: TuHURA Biosciences, Inc. disclosed a significant corporate action involving a merger with Kineta, Inc. The Agreement and Plan of Merger was signed on December 11, 2024, whereby Merger Sub I will merge with and into Kineta, and subsequently, Kineta will merge with Merger Sub II. The transactions are structured to qualify as a tax-free reorganization. Shareholders of Kineta will receive a combination of TuHURA Common Stock and cash as part of the merger consideration. Closing conditions include the approval of the merger by Kineta's stockholders, efficacy of TuHURA's registration statement, and successful completion of a financing transaction of at least $35 million. The merger agreements also include details about the financing of clinical trials, lock-up periods for shares, and the commitment of directors to support the merger. A joint press release was issued on December 12, 2024, detailing the merger agreement.

Additional details:

Merger Date: 2024-12-11

Merger Structure: two-step merger

Cash Payment: initially up to $15,000,000, subject to adjustments

Share Exchange Ratio: subject to the Merger Agreement calculations

Termination Fee: 1,000,000 USD

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