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Kintara Therapeutics Announces Fiscal 2024 Third Quarter Financial Results [Yahoo! Finance]

Kintara Therapeutics, Inc. (KTRA) 
Company Research Source: Yahoo! Finance
on the development of new solid tumor cancer therapies, today announced financial results for its fiscal third quarter ended March 31, 2024 , and recent corporate developments. Recent Corporate Developments Announced that Kintara had 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"). Pursuant to the terms of the Merger, stockholders of TuHURA will receive shares of Kintara common stock. Kintara's existing stockholders will receive contingent value rights ("CVR"), entitling them to receive shares of common stock upon achievement of enrollment of a minimum of 10 patients in the REM-0 Show less Read more
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