HURA releases unaudited pro forma financials for recent mergers
Rhea-AI Filing Summary
TuHURA Biosciences, Inc. reported that it has prepared updated unaudited pro forma financial information reflecting its recent merger activity. The company completed a two-step merger with Kineta, Inc. on June 30, 2025, following an Agreement and Plan of Merger initially signed in December 2024 and amended in May 2025. In addition, TuHURA previously closed a reverse merger with Kintara Therapeutics, Inc. on October 18, 2024.
TuHURA is now providing an unaudited pro forma condensed combined statement of operations for the nine months ended September 30, 2025 and for the year ended December 31, 2024, as if both the Kineta transaction and the Kintara reverse merger had occurred on January 1, 2024. These pro forma statements, furnished as Exhibit 99.1, are meant to help investors understand how the combined business would have looked historically after these mergers.
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Insights
Company provides updated post-merger pro forma results; no new deal terms, but clearer view of combined operations.
TuHURA Biosciences filed updated unaudited pro forma condensed combined statements of operations as Exhibit 99.1, reflecting two completed transactions: the Mergers with Kineta, Inc. on
Pro forma information is an accounting presentation, not new financial results or guidance. It applies merger accounting adjustments to historical results of the predecessor entities so readers can see combined revenues and expenses on a “as if combined” basis. The filing describes the statements as unaudited, which means they have not been subject to a full audit process and should be read with that limitation in mind. The forward-looking statements language also underscores that the historical pro forma view does not guarantee future performance.
The concrete item to monitor is Exhibit 99.1 itself, which contains the detailed pro forma line items and adjustments for the periods through