Kintara Therapeutics Announces Record Date For Contingent Value Rights Issuance In Connection With The Proposed Merger With TuHURA Biosciences, Expected To Close On October 18, 2024
Portfolio Pulse from Benzinga Newsdesk
Kintara Therapeutics has announced the record date for Contingent Value Rights issuance related to its merger with TuHURA Biosciences, expected to close on October 18, 2024. The merger will make TuHURA a wholly-owned subsidiary of Kintara.
October 14, 2024 | 12:34 pm
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Kintara Therapeutics is set to issue Contingent Value Rights to its stockholders as part of its merger with TuHURA Biosciences, expected to close on October 18, 2024. This merger could potentially enhance Kintara's portfolio with TuHURA's immune-oncology technologies.
The announcement of the record date for CVR issuance and the upcoming merger with TuHURA Biosciences is significant for Kintara Therapeutics. The merger is expected to close soon, which could positively impact Kintara's stock by expanding its portfolio with TuHURA's advanced immune-oncology technologies. The issuance of CVRs also indicates potential future value for shareholders.
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