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SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation into the Fairness of the Acquisition of Kinnate Biopharma Inc. by XOMA Corporation

Kinnate Biopharma Inc. (KNTE) 
Company Research Source: GlobeNewswire
NEW YORK, March 01, 2024 (GLOBE NEWSWIRE) -- The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who own Kinnate Biopharma Inc. (“Kinnate” or the “Company”) (NASDAQ: KNTE) stock purchased prior to February 16, 2024. You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the acquisition of Kinnate by XOMA Corporation (“XOMA”). As a result of the merger, Kinnate stockholders will receive $2.3352 per share in cash and additional cash up to $0.2527 per share, plus a contingent value right. This sale of the Company comes after its largest stockholders, OrbiMed and Foresite Capital, kicked off a sales process by publicly announcing their intention to explore a go-private transaction. To learn more about the action and your rights, go to: https://zlk.com/mna2/kinnate-biopharma-inc-lawsuit-submission-form or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by t Show less Read more
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