to successfully integrate Kineta's business or fully realize the
anticipated synergies or other benefits expected from the Proposed
Transaction; the ability of TuHURA to implement its plans, forecasts,
expected financial performance and other expectations with respect to
Kineta's business or the combined business after the completion of the
Proposed Transaction and realize additional opportunities, develop
customer relationships, additional products and Kineta's existing
business; risks associated with third party contracts containing consent
and/or other provisions that may be triggered by the Proposed
Transaction; the potentially significant amount of any costs, fees,
expenses, impairments or charges related to the Proposed Transaction;
the risk of no amounts being payable under the Disposed Asset Payment
Right as defined in the merger agreement; the potential dilution of
TuHURA and Kineta stockholders' ownership percentage of TuHURA after the
Proposed Transaction as compared to their ownership percentage of TuHURA
and Kineta, as applicable, prior to the Proposed Transaction; TuHURA and
Kineta directors and executive officers having interests in the Proposed
Transaction that are different from, or in addition to, the interests of
TuHURA and Kineta stockholders generally; the possibility that TuHURA's
results of operations, cash flows and financial position after the
Proposed Transaction may differ materially from the unaudited pro forma
condensed combined financial information contained in the proxy
statement/prospectus; macroeconomic conditions and geopolitical
uncertainty in the global economy; uncertainty in the growth of the
biopharmaceutical sector; the highly competitive industries TuHURA and
Kineta operate in; actions by the U.S. or foreign governments, such as
the imposition of additional export restrictions or tariffs; legislative,
regulatory and economic developments affecting Kineta's and TuHURA's
businesses; the evolving legal, regulatory and tax regimes under which
Kineta and TuHURA operate; restrictions during the pendency of the
Proposed Transaction that may impact Kineta's or TuHURA's ability to
pursue certain business opportunities or strategic transactions; and
unpredictability and severity of catastrophic events, including, but not
limited to, acts of terrorism or outbreak of war or hostilities, as well
as Kineta's and TuHURA's response to any of the aforementioned factors.
The foregoing list of risks, uncertainties and factors is not
exhaustive. Unlisted factors may present significant additional
obstacles to the realization of forward-looking statements.
You should carefully consider the foregoing factors and the other risks
and uncertainties that affect the businesses of TuHURA and Kineta
described in the "Risk Factors" section of their respective Annual
Reports on Form 10-K, Quarterly Reports on Form 10-Q and other documents
filed by either of them from time to time with the SEC. These filings
identify and address other important risks and uncertainties that could
cause actual events and results to differ materially from those
contained in the forward-looking statements. Forward-looking statements
speak only as of the date they are made. All forward-looking statements
by their nature address matters that involve risks and uncertainties,
many of which are beyond TuHURA's and Kineta's control, and are not
guarantees of future results. Readers are cautioned not to put undue
reliance on forward-looking statements, and TuHURA and Kineta assume no
obligation and do not intend to update or revise these forward-looking
statements, whether as a result of new information, future events, or
otherwise, unless required by law. Neither TuHURA nor Kineta gives any
assurance that either TuHURA or Kineta will achieve its expectations.
Investor/Media Contacts:
TuHURA Biosciences, Inc.
Jenene Thomas
JTC Team, LLC
908.824.0775
tuhura@jtcir.com
Kineta, Inc.
Investor Relations
info@kineta.us
SOURCE: TuHURA Biosciences, Inc.
View the original press release on accesswire.com
(END) Dow Jones Newswires
December 12, 2024 09:24 ET (14:24 GMT)