Jasper Therapeutics, Inc. (JSPR) Form 8-K — Jul 16, 2026
Jasper Therapeutics completed its acquisition of Kira Pharmaceuticals on July 16, 2026, issuing approximately 5.2 million shares of common stock and 4.6 million shares of convertible preferred stock to Kira shareholders. The transaction, structured as a tax-free reorganization, grants Kira shareholders a majority stake (approximately 88.7% pre-financing) and includes a Contingent Value Right (CVR) agreement worth $30 million if the FDA issues a Priority Review Voucher for briquilimab by the end of 2028.
Key figures
- Gross Proceeds
- $132 million
- Shares Offered
- approximately 4.7 million
- Cvr milestone payment
- $30.0 million
- Mirador upfront payment
- $12,000,000
- Preferred conversion ratio
- 61:1
- Merger common shares issued
- 5195009
- Mirador commercial milestones
- $350,000,000
- Post financing kira ownership
- 49.86%
- Merger preferred shares issued
- 4644977
- Mirador development milestones
- $108,500,000
- Post financing jasper ownership
- 6.68%
Price after filing
Close on the filing date to close N calendar days later (from $0.77). Historical, not a forecast.
AI analysis
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