Company: HURA
Filing Date: 2025-05-23
Form Type: 424B3
Source: 0001193125-25-125499
Chunk: 353

Company: TuHURA Biosciences, Inc./NV
Filing Date: 2025-05-23
Form: 424B3
Chunk 353
---
 and the extended period of time that will be needed to satisfy closing conditions and complete the
Mergers.

Based on these discussions, on April 14, 2025, TuHURA delivered to Kineta a term sheet setting forth certain proposed amendments
to the Merger Agreement relating to, among other things, the size of the Concurrent Investment, balance of cash and share consideration in the Mergers, the extension of the End Date, and the availability of additional loans to Kineta. After delivery
of the term sheet, Kineta communicated that it was in substantial agreement and requested that TuHURA convert the term sheet into a draft amendment for further discussion and negotiations.

On April 22, 2025, TuHURA delivered to Kineta a draft of the First Amendment setting forth proposed amendments to the Merger Agreement, and on
April 24, 2025, the CEOs and other representatives of TuHURA and Kineta, together with their respective counsel, held a virtual meeting during which they discussed and negotiated the terms and provisions of the First Amendment.

On April 25, 2025, the parties agreed in principle on a form of First Amendment that would provide for a reduction in the minimum size of the
Concurrent Investment to $20 million in gross proceeds, a reduction of the base amount of Closing Adjusted Cash Consideration from $15 million to $12.0 million and a corresponding increase in the share consideration in the Mergers (split equally
between the Initial Share Consideration and Kineta Delayed Share Consideration), and a reduction in the maximum working capital deficit that Kineta could have at the Closing from $12 million to $6 million. The First Amendment also changed the End
Date from April 30, 2025, to June 30, 2025, but with a right of TuHURA to extend the End Date from June 30, 2025 to July 31, 2025, contingent on TuHURA advancing to Kineta an amount equal to $250,000 of operating capital. In the First
Amendment, TuHURA also agreed to make additional loans available to Kineta in the amount of $250,000 to be advanced on or before May 15, 2025, as well as an additional advance of $250,000 to be made on or before June 3, 2025 contingent on TuHURA
receiving certain financing or warrant exercise proceeds.

222

On May 2, 2025