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Aug 21, 2026Financing

TuHURA draws two more tranches on $50 million Parkview credit line

TuHURA Biosciences borrowed $650,000 on August 7, 2026 and another $650,000 on August 20, 2026 under its revolving credit facility with Parkview Holdings One LLC.

TuHURA Biosciences, Inc. took two additional draws in August 2026 under its revolving credit facility with Parkview Holdings One LLC, according to a pair of Form 8-K filings.

The underlying facility dates to April 21, 2026, when TuHURA Biosciences entered into a Loan Agreement with Parkview Holdings One LLC as lender, establishing a revolving credit facility maturing on April 21, 2031, with maximum loan availability of $50 million.1

On August 7, 2026, the company borrowed $650,000 under the facility and said it expected to use the funds for general corporate purposes.1 That filing was signed August 13, 2026.

A second draw followed on August 20, 2026, when TuHURA received and borrowed an additional $650,000 under the revolving credit facility, again stating the funds were expected to be used for general corporate purposes.2

Separately, an August 18, 2026 8-K disclosed developments tied to the same loan arrangement. Under a Fee Letter also dated April 21, 2026, the company had agreed to issue an aggregate of 1,878,287 shares of common stock to Parkview, subject to stockholder approval.3 That approval came through at TuHURA's 2026 Annual Meeting, held August 18, 2026, where stockholders approved the Nasdaq Proposal covering issuance of the 1,878,287 shares by a majority of votes cast, with 28,128,581 votes for, 517,896 against, and 83,855 abstaining, against 14,303,692 broker non-votes.3 As a result, the company said it will issue the Loan Fee Shares to Parkview.3

The same meeting also re-elected all six director nominees, ratified Cherry Bekaert LLP as auditor for fiscal 2026, and saw stockholders favor a three-year frequency for future say-on-pay votes, per the filing's reported vote tallies.

Written by readthrough’s AI from the linked primary sources and fact-checked against them automatically before publishing. Not investment advice.