SCHEDULE: Armistice Capital Boosts Kineta Stake to 12.84%

Armistice Capital, LLC and Steven Boyd have reported a collective beneficial ownership of 12.84% in Kineta, Inc. common stock.

Summary

• Armistice Capital, LLC and Steven Boyd collectively beneficially own 1,823,138 shares of Kineta, Inc. common stock.
• This ownership represents 12.84% of Kineta, Inc.'s outstanding common stock.
• The shares are directly held by Armistice Capital Master Fund Ltd., with Armistice Capital, LLC exercising voting and investment power over these securities.
• Steven Boyd, as the managing member of Armistice Capital, LLC, is also deemed to beneficially own these shares.
• The percentage of shares beneficially owned is based on Kineta, Inc.'s shares outstanding as of March 28, 2025, as reported in their Form 10-K filed on March 31, 2025.
• This filing is an Amendment No. 1 to a Schedule 13G.

Sentiment

Score: 5

Explanation: Neutral. The filing is a routine disclosure of beneficial ownership and does not inherently convey strong positive or negative sentiment regarding the company's performance or prospects.

Positives

• A significant stake of 12.84% held by an institutional investor like Armistice Capital may signal confidence in Kineta, Inc.'s long-term prospects.

Future Outlook

N/A. This filing is a disclosure of beneficial ownership and does not contain forward-looking statements or guidance from the issuer.

Industry Context

This filing indicates a significant passive investment by a hedge fund in a publicly traded company, a common practice in the financial industry where institutional investors acquire stakes for investment purposes.

Stakeholder Impact

• Shareholders: Provides transparency regarding significant institutional ownership, which can influence market perception and liquidity.

Key Dates

Keywords

Kineta Inc, Armistice Capital, Steven Boyd, Beneficial Ownership, Schedule 13G, Common Stock, Investment Management, Institutional Investor