Armistice Capital/Steven Boyd disclose 1,823,138 Kineta shares; percent figures differ

Rhea-AI Filing Summary

Armistice Capital, LLC and Steven Boyd report shared beneficial ownership of 1,823,138 shares of Kineta, Inc. common stock. The filing shows the reporting persons have shared voting and dispositive power over 1,823,138 shares and no sole voting or dispositive power. The cover tables list the percentage of the class as 3.64%, while Item 4(b) later reports the percentage as 12.84% and states the percentage is based on 1,823,138 shares outstanding as of March 28, 2025. The statement explains Armistice Capital is the investment manager of Armistice Capital Master Fund Ltd., the direct holder of the shares, and that Steven Boyd is the managing member of Armistice Capital. The Master Fund disclaims beneficial ownership by virtue of its Investment Management Agreement.

Positive

• Clear identification of the investment manager (Armistice Capital) and the managing member (Steven Boyd)
• Explicit statement that the Master Fund is the direct holder and that Armistice exercises voting and investment power under an Investment Management Agreement
• Full signatures and joint filing statement confirming the filing is made on behalf of both reporting persons

Negative

• Conflicting percentage figures presented in the filing: the tables list 3.64% while Item 4(b) reports 12.84%, creating ambiguity about the actual stake
• Master Fund disclaimer of beneficial ownership may create ambiguity about economic versus managerial control of the reported shares

Insights

Financial Analyst

TL;DR: Reporting persons disclose shared ownership of 1,823,138 Kineta shares; filing indicates material stake but contains inconsistent percentage figures.

The filing identifies Armistice Capital and Steven Boyd as reporting persons with shared voting and dispositive power over 1,823,138 shares held directly by Armistice Capital Master Fund Ltd. This position is explicitly described as managed via an Investment Management Agreement. Disclosure of the direct holder and manager is useful for assessing shareholder structure and potential influence.

However, the document contains conflicting percentage figures: the tables show 3.64% while Item 4(b) reports 12.84% based on the stated outstanding share count, creating ambiguity about the actual economic stake. For valuation or control analysis, the precise percentage outstanding must be reconciled with the issuer's reported share count.

Corporate Governance Expert

TL;DR: The filing is a routine Schedule 13G-style disclosure identifying manager and managing member roles and clarifying beneficial ownership mechanics.

The statement follows standard Schedule 13G conventions: it names the investment manager (Armistice Capital), the direct holder (Master Fund), and the individual (Steven Boyd) and includes the required certifications and joint filing statement. The Master Fund's disclaimer of beneficial ownership due to the management agreement is explicitly stated, which is standard practice for such arrangements.

Despite being procedural, the inconsistent percentage reporting could complicate governance interpretation until corrected; otherwise the filing is a conventional disclosure of an investment manager relationship and holdings.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

Kineta, Inc./DE

(Name of Issuer)

Common Stock, par value $0.001 per share

(Title of Class of Securities)

49461C102

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 49461C102

1

Names of Reporting Persons

Armistice Capital, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 1,823,138.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 1,823,138.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,823,138.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

3.64 %

12

Type of Reporting Person (See Instructions)

IA, OO

SCHEDULE 13G

CUSIP No. 49461C102

1

Names of Reporting Persons

Steven Boyd

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 1,823,138.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 1,823,138.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,823,138.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

3.64 %

12

Type of Reporting Person (See Instructions)

HC, IN

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Kineta, Inc./DE
(b)	Address of issuer's principal executive offices: 7683 SE 27TH STREET, SUITE 481, MERCER ISLAND, WA, 98040
Item 2.
(a)	Name of person filing: Armistice Capital, LLC Steven Boyd Collectively, the "Reporting Persons"
(b)	Address or principal business office or, if none, residence: Armistice Capital, LLC 510 Madison Avenue, 7th Floor New York, New York 10022 United States of America Steven Boyd c/o Armistice Capital, LLC 510 Madison Avenue, 7th Floor New York, New York 10022 United States of America
(c)	Citizenship: Armistice Capital, LLC - Delaware; Steven Boyd - United States of America
(d)	Title of class of securities: Common Stock, par value $0.001 per share
(e)	CUSIP No.: 49461C102
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 1,823,138
(b)	Percent of class: 12.84 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: 1,823,138
	(iii) Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: 1,823,138 The percentage of Shares reported to be beneficially owned by the Reporting Persons are based on 1,823,138 Shares outstanding as of March 28, 2025, as reported on the Issuer's Form 10-K filed with the Securities and Exchange Commission on March 31, 2025.. Armistice Capital, LLC ("Armistice Capital") is the investment manager of Armistice Capital Master Fund Ltd. (the "Master Fund"), the direct holder of the Shares, and pursuant to an Investment Management Agreement, Armistice Capital exercises voting and investment power over the securities of the Issuer held by the Master Fund and thus may be deemed to beneficially own the securities of the Issuer held by the Master Fund. Mr. Boyd, as the managing member of Armistice Capital, may be deemed to beneficially own the securities of the Issuer held by the Master Fund. The Master Fund specifically disclaims beneficial ownership of the securities of the Issuer directly held by it by virtue of its inability to vote or dispose of such securities as a result of its Investment Management Agreement with Armistice Capital.
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. The Master Fund, a Cayman Islands exempted company that is an investment advisory client of Armistice Capital, has the right to receive dividends from, or the proceeds from the sale of, the reported securities.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Armistice Capital, LLC

Signature:	/s/ Steven Boyd
Name/Title:	Steven Boyd - Managing Member
Date:	08/14/2025

Steven Boyd

Signature:	/s/ Steven Boyd
Name/Title:	Steven Boyd
Date:	08/14/2025

Exhibit Information

JOINT FILING STATEMENT PURSUANT TO RULE 13d-1(k) The undersigned acknowledge and agree that the foregoing statement on Schedule 13G, is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on Schedule 13G, shall be filed on behalf of each of the undersigned without the necessity of filing additional joint acquisition statements. The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning him or it contained therein, but shall not be responsible for the completeness and accuracy of the information concerning the others, except to the extent that he or it knows or has reason to believe that such information is inaccurate. Dated: August 14, 2025 Armistice Capital, LLC By: /s/ Steven Boyd Steven Boyd - Managing Member Steven Boyd By: /s/ Steven Boyd

FAQ

How many Kineta (KA) shares do Armistice Capital and Steven Boyd report owning?

The filing reports 1,823,138 shares as beneficially owned with shared voting and dispositive power.

What percentage of Kineta does the filing say is owned by the reporting persons?

The filing contains two explicit percentages: 3.64% appears in the tables and 12.84% is reported in Item 4(b) based on the stated outstanding share count.

Who is the direct holder of the shares reported in the Schedule 13G/A?

The direct holder is Armistice Capital Master Fund Ltd., a Cayman Islands exempted company, per the filing.

What role does Armistice Capital play with respect to the reported shares?

Armistice Capital is the investment manager and, pursuant to an Investment Management Agreement, exercises voting and investment power over the securities held by the Master Fund.

Does the filing state whether Steven Boyd has individual control over the shares?

The filing reports Steven Boyd has no sole voting or dispositive power and shares voting and dispositive power of 1,823,138 shares; he is identified as the managing member of Armistice Capital.

When was the Schedule 13G/A signed?

The signatures in the filing are dated August 14, 2025.