April 3 (Reuters) - Kintara Therapeutics Inc ( KTRA ):
* KINTARA THERAPEUTICS AND TUHURA BIOSCIENCES ENTER INTO
DEFINITIVE MERGER AGREEMENT
* KINTARA THERAPEUTICS INC ( KTRA ) - $31 MILLION SUBSCRIBED
FINANCING BY
TUHURA IN CONNECTION WITH MERGER AGREEMENT EXPECTED TO PROVIDE
CASH RUNWAY INTO LATE 2025
* KINTARA THERAPEUTICS INC ( KTRA ) - COMBINED COMPANY IS EXPECTED TO
OPERATE UNDER NAME "TUHURA BIOSCIENCES, INC."
* KINTARA THERAPEUTICS ( KTRA ) - ON A PRO FORMA BASIS, POST-MERGER
CO'S
EQUITYHOLDERS EXPECTED TO COLLECTIVELY OWN UP TO ABOUT 2.85%, OR
APPROXIMATELY 5.45%
* KINTARA THERAPEUTICS INC ( KTRA ) - TUHURA EQUITYHOLDERS ARE
EXPECTED TO
COLLECTIVELY OWN APPROXIMATELY 97.15%, OR 94.55% ASSUMING
DISTRIBUTION OF CVR SHARES
* KINTARA THERAPEUTICS INC ( KTRA ) -COMBINED COMPANY IS EXPECTED TO
TRADE
ON NASDAQ CAPITAL MARKET ("NASDAQ") UNDER TICKER "HURA"
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