BUZZ-TuHURA Biosciences plunges after $15.6 million direct stock deal

Reuters

2025/12/09

BUZZ-<a href="https://laohu8.com/S/HURA">TuHURA Biosciences</a> plunges after $15.6 million direct stock deal

** Drug developer TuHURA Biosciences' HURA.O shares plunge 36.9% to $1.25

** HURA enters agreement for sale of ~9.5 million shares, Series A warrants, and Series B warrants in a registered direct offering at a purchase price of $1.65 apiece for gross proceeds of $15.6 million

** H.C. Wainwright is the exclusive lead placement agent for offering

** Closing of the offering is expected to occur in three tranches

** Proceeds from the offering will be used for working capital and general purposes

** All three analysts covering the stock rate it "buy"; median PT $9.13 - data compiled by LSEG

** As of last close, HURA stock down 51.6% YTD

(Reporting by Arasu Kannagi Basil in Bengaluru)

((ArasuKannagi.Basil@thomsonreuters.com))

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Wainwright is the exclusive lead placement agent for offering** Closing of the offering is expected to occur in three tranches** Proceeds from the offering will be used for working capital and general purposes** All three analysts covering the stock rate it \"buy\"; median PT $9.13 - data compiled by LSEG** As of last close, HURA stock down 51.6% YTD (Reporting by Arasu Kannagi Basil in Bengaluru) ((ArasuKannagi.Basil@thomsonreuters.com))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"}}}