Brief: Kineta Says Co Intends To Explore Strategic Alternatives

Kineta

29/02/2024 12:56

Feb 29 (Reuters) - Kineta Inc  KA.O :
    * KINETA INC: INTENTION TO EXPLORE STRATEGIC ALTERNATIVES
    * KINETA INC: DECISION TO IMPLEMENT A WORKFORCE REDUCTION OF
COMPANY'S WORKFORCE BY SEVEN FULL-TIME EMPLOYEES
    * KINETA INC: REDUCTION OF WORKFORCE IS EXPECTED TO RESULT
IN
ABOUT $241,000 IN SEVERANCE COSTS
    * KINETA INC: AS PART OF REDUCTION IN WORKFORCE PLAN
TERMINATED
EMPLOYMENT OF SHAWN IADONATO, AS CEO
    * KINETA INC: WILL TERMINATE ENROLLMENT OF NEW PATIENTS IN
ITS
ONGOING VISTA-101 PHASE 1/2 CLINICAL TRIAL EVALUATING KVA12123

Source text for Eikon:  ID:n0000950170-24-022632 
Further company coverage:  KA.O 

 ((Reuters.Briefs@thomsonreuters.com;))