Loan & DebtJul 29, 2026, 05:02 PM
TuHURA Biosciences Draws Additional $1.5M from Credit Facility
AI Summary
TuHURA Biosciences, Inc. announced an additional draw of $1.5 million on July 28, 2026, from its existing revolving credit facility. This facility, established on April 21, 2026, with Parkview Holdings One LLC, provides a maximum loan availability of $50 million and matures on April 21, 2031. The company intends to use these funds for general corporate purposes.
Key Highlights
- TuHURA Biosciences drew an additional $1,500,000 from its credit facility.
- The draw occurred on July 28, 2026.
- The revolving credit facility has a maximum availability of $50 million.
- The facility was established on April 21, 2026, with Parkview Holdings One LLC.
- The credit facility matures on April 21, 2031.
- Funds are expected to be used for general corporate purposes.
Price Impact
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