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Kintara Therapeutics 2024 EPS $(0.32) Up From $(9.27) YoY; Cash And Cash Equivalents $4.9M

Kintara Therapeutics 2024 EPS $(0.32) Up From $(9.27) YoY; Cash And Cash Equivalents $4.9M

kintara therapeutics 2024每股收益爲$(0.32),同比上升自$(9.27);現金及現金等價物爲$4.9百萬
Benzinga ·  10/08 19:16

Recent Corporate Developments

最近公司發展情況。

  • As previously disclosed, in April 2024 Kintara entered into a definitive merger agreement (the "Merger Agreement") with TuHURA Biosciences, Inc. ("TuHURA"), a Phase 3 registration-stage immune-oncology company developing novel technologies to overcome resistance to cancer immunotherapy, and Kayak Mergeco, Inc., Kintara's wholly-owned subsidiary, whereby Kayak Mergeco will merge with and into TuHURA with TuHURA surviving the merger and becoming Kintara's direct, wholly-owned subsidiary (the "Merger").
  • At Kintara's special meeting of stockholders held on October 4, 2024, Kintara's stockholders approved the requisite proposals to effect the completion of the proposed Merger with TuHURA. The proposed Merger is expected to be consummated in mid-October 2024, subject to the satisfaction of the remaining closing conditions under the Merger Agreement.
  • As of October 7, 2024, four patients have been dosed in Kintara's open label 15-patient REM-001 study (the "REM-001 Study") in cutaneous metastatic breast cancer (CMBC). The majority of the costs to run the REM-001 Study will be covered by the $2.0 million Small Business Innovation Research grant Kintara was awarded from the National Institutes of Health.
  • 正如此前披露的,2024年4月Kintara達成了與TuHURA Biosciences, Inc.("TuHURA")的最終合併協議("Merger Agreement"),TuHURA是一家處於第3階段登記階段的免疫腫瘤學公司,正在開發新技術,以克服癌症免疫療法的抗藥性,以及Kintara的全資子公司Kayak Mergeco, Inc.,其中Kayak Mergeco將與TuHURA合併,TuHURA作爲合併的倖存公司併成爲Kintara的直接全資子公司("Merger")。
  • 在2024年10月4日舉行的Kintara股東特別會議上,Kintara的股東批准了必要的提案,以完成與TuHURA提議的合併。預計合併將在2024年10月中旬完成,前提是滿足合併協議下剩餘的關閉條件。
  • 截至2024年10月7日,Kintara在表皮轉移性乳腺癌(CMBC)中進行的15名患者開放式標籤REm-001研究("REm-001 Study")中已有四名患者接受了劑量。運行REm-001研究的大部分成本將由Kintara從國家衛生研究院獲得的200萬美元中小企業創新研究撥款支付。
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