TuHURA BIOSCIENCES, INC. (HURA) filed an 8-K on October 27, 2025, reporting a Material Definitive Agreement for financing.
The company secured up to \(3.0 million in secured bridge loans, primarily for working capital, from the Matthew Nachtrab Revocable Trust. An initial advance of \)1.5 million was funded immediately. The financing carries a high cost structure: 3% interest per month, a $180,000 loan fee due at maturity, and the issuance of warrants upon each advance.
The loans mature on December 31, 2025, or 30 days following any equity financing that generates gross proceeds exceeding $12.
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