Company: HURA
Filing Date: 2025-05-07
Form Type: 8-K
Source: 0000950170-25-065057
Chunk: 2

Company: TuHURA Biosciences, Inc./NV
Filing Date: 2025-05-07
Form: 8-K
Item: Item 1.01
Chunk 2
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 the first bullet,
divided by
the Parent Share Value; and

• with such resulting quotient from the second bullet,
divided by
the fully diluted Kineta Common Stock, all rounded down to six (6) decimal places.

As amended, “ Per Share Cash Consideration” means an amount in cash for each share of Kineta Common Stock, determined as follows:

• the difference of $12,000,000 and (i) $5,000,000 (as credit for the exclusivity payment already made by TuHURA to Kineta); (ii) $300,000 (as credit for the extension payment already made by TuHURA to Kineta); (iii) $695,000 (which represents advances already made by TuHURA to Kineta in connection with the exclusivity agreement); (iv) the Loaned Amount, if any; and (v) if the net working capital is less than $0, such difference (and if the net working capital is greater than $0, then such difference will be added to the $12,000,000 base cash consideration); and

• such difference in the first bullet,
divided by
the fully diluted Kineta Common Stock, all rounded down to six (6) decimal places.

As amended, “ Loaned Amount” means all principal and interest outstanding under any loan between TuHURA, on the one hand, and Kineta, on the other hand, consisting of (i) $250,000 that was previously advanced by TuHURA to Kineta, (ii) $250,000 to be advanced by TuHURA to Kineta on or before May 15, 2025, and (iii) $250,000 to be advanced by TuHURA to Kineta on or before June 3, 2025 (with the advance in foregoing clause (iii) being contingent upon TuHURA’s receipt of (A) proceeds from the Concurrent Investment or (B) proceeds from TuHURA stockholder warrant exercise payments due on May 30, 2025), in each case, for any expenses incurred by Kineta in the ordinary course of business or expenses incurred in connection with the Program Assets and approved by TuHURA, and such amount shall be paid by TuHURA to Kineta no later than five (5) Business Days after the request is made (and invoice or proof of expense is provided to TuHURA) as long as no event of default has occurred and is continuing under the Merger