• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Dashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlerts
    Company
    AboutQuantisnow PlusContactJobs
    Legal
    Terms of usePrivacy policyCookie policy

    SEC Form SC 13D/A filed by Kinnate Biopharma Inc. (Amendment)

    2/22/24 4:39:18 PM ET
    $KNTE
    Biotechnology: Pharmaceutical Preparations
    Health Care
    Get the next $KNTE alert in real time by email
    SC 13D/A 1 eh240450910_13da5-knte.htm AMENDMENT NO. 5

     

     

     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    Washington, D.C. 20549

     

    SCHEDULE 13D

     

    Under the Securities Exchange Act of 1934

    (Amendment No. 5)*

    Kinnate Biopharma Inc.
    (Name of Issuer)
     
    Common Stock
    (Title of Class of Securities)
     
    49705R105
    (CUSIP Number)
     

    Dennis Ryan

    Foresite Capital Management, LLC

    900 Larkspur Landing Circle, Suite 150, Larkspur, CA 94939

    (415) 877-4887

    (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
     
    February 16, 2024
    (Date of Event Which Requires Filing of This Statement)

     

    If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. ☐

    Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent.

    *The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

    The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

     

     

     

      

     

     

    CUSIP No. 49705R105 SCHEDULE 13D Page 2 of 13

     

     

    1

    NAME OF REPORTING PERSON

     

    Foresite Capital Fund IV, L.P. (“FCF IV”)

     
    2

    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

     

     

    (a)  ☐

    (b)  ☐

    3

    SEC USE ONLY

     

     

     
    4

    SOURCE OF FUNDS

     

    WC

     
    5

    CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

     

     

    ☐
    6

    CITIZENSHIP OR PLACE OF ORGANIZATION

     

    Delaware

     

    NUMBER OF

    SHARES

    BENEFICIALLY

    OWNED BY EACH

    REPORTING PERSON

    WITH

    7

    SOLE VOTING POWER

     

    9,671,643 shares, except that Foresite Capital Management IV, LLC (“FCM IV”), the general partner of FCF IV, may be deemed to have sole power to vote these shares, and James B. Tananbaum (“Tananbaum”), the managing member of FCM IV, may be deemed to have sole power to vote these shares.

    8

    SHARED VOTING POWER

     

    See response to row 7.

    9

    SOLE DISPOSITIVE POWER

     

    9,671,643 shares, except that FCM IV, the general partner of FCF IV, may be deemed to have sole power to dispose of these shares, and Tananbaum, the managing member of FCM IV, may be deemed to have sole power to dispose of these shares.

    10

    SHARED DISPOSITIVE POWER

     

    See response to row 9.

    11

    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     

    9,671,643

     
    12

    CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

     

     

    ☐
    13

    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

     

    20.5%*

     
    14

    TYPE OF REPORTING PERSON

     

    PN

     

     

     *        Percent of class is calculated based on 47,112,698 shares of common stock, par value $0.0001 (the “Common Shares”), of Kinnate Biopharma Inc. (the “Issuer”) outstanding as of November 3, 2023, as reported by the Issuer in its Quarterly Report on Form 10-Q filed with the U.S. Securities and Exchange Commission on November 9, 2023 (the “10-Q”).

     

      

     

     

    CUSIP No. 49705R105 SCHEDULE 13D Page 3 of 13

     

     

    1

    NAME OF REPORTING PERSON

     

    Foresite Capital Management IV, LLC (“FCM IV”)

     
    2

    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

     

     

    (a)  ☐

    (b)  ☐

    3

    SEC USE ONLY

     

     

     
    4

    SOURCE OF FUNDS

     

    AF

     
    5

    CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

     

     

    ☐
    6

    CITIZENSHIP OR PLACE OF ORGANIZATION

     

    Delaware

     

    NUMBER OF

    SHARES

    BENEFICIALLY

    OWNED BY EACH

    REPORTING PERSON

    WITH

    7

    SOLE VOTING POWER

     

    9,671,643 shares, all of which are directly owned by FCF IV.  FCM IV, the general partner of FCF IV, may be deemed to have sole power to vote these shares, and Tananbaum, the managing member of FCM IV, may be deemed to have sole power to vote these shares.

    8

    SHARED VOTING POWER

     

    See response to row 7.

    9

    SOLE DISPOSITIVE POWER

     

    9,671,643 shares, all of which are directly owned by FCF IV.  FCM IV, the general partner of FCF IV, may be deemed to have sole power to dispose of these shares, and Tananbaum, the managing member of FCM IV, may be deemed to have sole power to dispose of these shares.

    10

    SHARED DISPOSITIVE POWER

     

    See response to row 9.

    11

    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     

    9,671,643

     
    12

    CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

     

     

    ☐
    13

    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

     

    20.5%*

     
    14

    TYPE OF REPORTING PERSON

     

    OO

     

     

    *        Percent of class is calculated based on 47,112,698 Common Shares outstanding as of November 3, 2023, as reported by the Issuer in the 10-Q.

     

      

     

     

    CUSIP No. 49705R105 SCHEDULE 13D Page 4 of 13

     

     

    1

    NAME OF REPORTING PERSON

     

    Foresite Capital Fund V, L.P. (“FCF V”)

     
    2

    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

     

     

    (a)  ☐

    (b)  ☐

    3

    SEC USE ONLY

     

     

     
    4

    SOURCE OF FUNDS

     

    WC

     
    5

    CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

     

     

    ☐
    6

    CITIZENSHIP OR PLACE OF ORGANIZATION

     

    Delaware

     

    NUMBER OF

    SHARES

    BENEFICIALLY

    OWNED BY EACH

    REPORTING PERSON

    WITH

    7

    SOLE VOTING POWER

     

    3,525,957 shares, except that Foresite Capital Management V, LLC (“FCM V”), the general partner of FCF V, may be deemed to have sole power to vote these shares, and James B. Tananbaum (“Tananbaum”), the managing member of FCM V, may be deemed to have sole power to vote these shares.

    8

    SHARED VOTING POWER

     

    See response to row 7.

    9

    SOLE DISPOSITIVE POWER

     

    3,525,957 shares, except that FCM V, the general partner of FCF V, may be deemed to have sole power to dispose of these shares, and Tananbaum, the managing member of FCM V, may be deemed to have sole power to dispose of these shares.

    10

    SHARED DISPOSITIVE POWER

     

    See response to row 9.

    11

    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     

    3,525,957

     
    12

    CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

     

     

    ☐
    13

    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

     

    7.5%*

     
    14

    TYPE OF REPORTING PERSON

     

    PN

     

     

    *        Percent of class is calculated based on 47,112,698 Common Shares outstanding as of November 3, 2023, as reported by the Issuer in the 10-Q.

     

      

     

     

    CUSIP No. 49705R105 SCHEDULE 13D Page 5 of 13

     

     

    1

    NAME OF REPORTING PERSON

     

    Foresite Capital Management V, LLC (“FCM V”)

     
    2

    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

     

     

    (a)  ☐

    (b)  ☐

    3

    SEC USE ONLY

     

     

     
    4

    SOURCE OF FUNDS

     

    AF

     
    5

    CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

     

     

    ☐
    6

    CITIZENSHIP OR PLACE OF ORGANIZATION

     

    Delaware

     

    NUMBER OF

    SHARES

    BENEFICIALLY

    OWNED BY EACH

    REPORTING PERSON

    WITH

    7

    SOLE VOTING POWER

     

    3,525,957 shares, all of which are directly owned by FCF V.  FCM V, the general partner of FCF V, may be deemed to have sole power to vote these shares, and Tananbaum, the managing member of FCM V, may be deemed to have sole power to vote these shares.

    8

    SHARED VOTING POWER

     

    See response to row 7.

    9

    SOLE DISPOSITIVE POWER

     

    3,525,957 shares, all of which are directly owned by FCF V.  FCM V, the general partner of FCF V, may be deemed to have sole power to dispose of these shares, and Tananbaum, the managing member of FCM V, may be deemed to have sole power to dispose of these shares.

    10

    SHARED DISPOSITIVE POWER

     

    See response to row 9.

    11

    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     

    3,525,957

     
    12

    CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

     

     

    ☐
    13

    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

     

    7.5%*

     
    14

    TYPE OF REPORTING PERSON

     

    OO

     

     

    *        Percent of class is calculated based on 47,112,698 Common Shares outstanding as of November 3, 2023, as reported by the Issuer in the 10-Q.

     

      

     

     

    CUSIP No. 49705R105 SCHEDULE 13D Page 6 of 13

     

     

    1

    NAME OF REPORTING PERSON

     

    Foresite Capital Opportunity Fund V, L.P. (“FCOF V”)

     
    2

    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

     

     

    (a)  ☐

    (b)  ☐

    3

    SEC USE ONLY

     

     

     
    4

    SOURCE OF FUNDS

     

    WC

     
    5

    CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

     

     

    ☐
    6

    CITIZENSHIP OR PLACE OF ORGANIZATION

     

    Delaware

     

    NUMBER OF

    SHARES

    BENEFICIALLY

    OWNED BY EACH

    REPORTING PERSON

    WITH

    7

    SOLE VOTING POWER

     

    520,711 shares, except that Foresite Capital Opportunity Management V, LLC (“FCOM V”), the general partner of FCOF V, may be deemed to have sole power to vote these shares, and James B. Tananbaum (“Tananbaum”), the managing member of FCOM V, may be deemed to have sole power to vote these shares.

    8

    SHARED VOTING POWER

     

    See response to row 7.

    9

    SOLE DISPOSITIVE POWER

     

    520,711 shares, except that FCOM V, the general partner of FCOF V, may be deemed to have sole power to dispose of these shares, and Tananbaum, the managing member of FCOM V, may be deemed to have sole power to dispose of these shares.

    10

    SHARED DISPOSITIVE POWER

     

    See response to row 9.

    11

    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     

    520,711

     
    12

    CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

     

     

    ☐
    13

    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

     

    1.1%*

     
    14

    TYPE OF REPORTING PERSON

     

    PN

     

     

    *        Percent of class is calculated based on 47,112,698 Common Shares outstanding as of November 3, 2023, as reported by the Issuer in the 10-Q.

     

      

     

     

    CUSIP No. 49705R105 SCHEDULE 13D Page 7 of 13

     

     

    1

    NAME OF REPORTING PERSON

     

    Foresite Capital Opportunity Management V, LLC (“FCOM V”)

     
    2

    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

     

     

    (a)  ☐

    (b)  ☐

    3

    SEC USE ONLY

     

     

     
    4

    SOURCE OF FUNDS

     

    AF

     
    5

    CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

     

     

    ☐
    6

    CITIZENSHIP OR PLACE OF ORGANIZATION

     

    Delaware

     

    NUMBER OF

    SHARES

    BENEFICIALLY

    OWNED BY EACH

    REPORTING PERSON

    WITH

    7

    SOLE VOTING POWER

     

    520,711 shares, all of which are directly owned by FCOF V.  FCOM V, the general partner of FCOF V, may be deemed to have sole power to vote these shares, and Tananbaum, the managing member of FCOM V, may be deemed to have sole power to vote these shares.

    8

    SHARED VOTING POWER

     

    See response to row 7.

    9

    SOLE DISPOSITIVE POWER

     

    520,711 shares, all of which are directly owned by FCOF V.  FCOM V, the general partner of FCOF V, may be deemed to have sole power to dispose of these shares, and Tananbaum, the managing member of FCOM V, may be deemed to have sole power to dispose of these shares.

    10

    SHARED DISPOSITIVE POWER

     

    See response to row 9.

    11

    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     

    520,711

     
    12

    CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

     

     

    ☐
    13

    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

     

    1.1%*

     
    14

    TYPE OF REPORTING PERSON

     

    OO

     

     

    *        Percent of class is calculated based on 47,112,698 Common Shares outstanding as of November 3, 2023, as reported by the Issuer in the 10-Q.

     

      

     

     

    CUSIP No. 49705R105 SCHEDULE 13D Page 8 of 13

     

     

    1

    NAME OF REPORTING PERSON

     

    James B. Tananbaum (“Tananbaum”)

     
    2

    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

     

     

    (a)  ☐

    (b)  ☐

    3

    SEC USE ONLY

     

     

     
    4

    SOURCE OF FUNDS

     

    AF

     
    5

    CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

     

     

    ☐
    6

    CITIZENSHIP OR PLACE OF ORGANIZATION

     

    U.S. Citizen

     

    NUMBER OF

    SHARES

    BENEFICIALLY

    OWNED BY EACH

    REPORTING PERSON

    WITH

    7

    SOLE VOTING POWER

     

    13,779,062 shares, of which (i) 9,671,643 shares are directly owned by Foresite Capital Fund IV, L.P. (“FCF IV”), (ii) 3,525,957 shares are directly owned by Foresite Capital Fund V, L.P. (“FCF V”), (iii) 520,711 shares are directly owned by Foresite Capital Opportunity Fund V, L.P. (“FCOF V”), and (iv) 60,751 are shares subject to options held by Tananbaum that are currently exercisable or exercisable within 60 days of February 22, 2024. Tananbaum is the managing member of each of Foresite Capital Management IV, LLC (“FCM IV”), which is the general partner of FCF IV; Foresite Capital Opportunity Management V, LLC (“FCM V”), which is the general partner of FCF V; and Foresite Capital Opportunity Management V, LLC (“FCOM V”), which is the general partner of FCOF V. Tananbaum may be deemed to have sole power to vote these shares.

    8

    SHARED VOTING POWER

     

    See response to row 7.

    9

    SOLE DISPOSITIVE POWER

     

    13,779,062 shares, of which (i) 9,671,643 shares are directly owned by FCF IV, (ii) 3,525,957 shares are directly owned by FCF V, (iii) 520,711 shares are directly owned by FCOF V, and (iv) 60,751 are shares subject to options held by Tananbaum that are currently exercisable or exercisable within 60 days of February 22, 2024. Tananbaum is the managing member of each of FCM IV, which is the general partner of FCF IV; FCM V, which is the general partner of FCF V; and FCOM V, which is the general partner of FCOF V. Tananbaum may be deemed to have sole power to dispose of these shares.

    10

    SHARED DISPOSITIVE POWER

     

    See response to row 9.

    11

    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     

    13,779,062

     
    12

    CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

     

     

    ☐
    13

    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

     

    29.2%*

     
    14

    TYPE OF REPORTING PERSON

     

    IN

     

     

    *        Percent of class is calculated based on 47,112,698 Common Shares outstanding as of November 3, 2023, as reported by the Issuer in the 10-Q.

     

      

     

     

    CUSIP No. 49705R105 SCHEDULE 13D Page 9 of 13

     

     

    Explanatory Note:

     

    This Amendment No. 5 (this “Amendment No. 5”) amends and supplements the statement on Schedule 13D initially filed on December 15, 2020 (the “Original Schedule 13D”), as amended and restated by Amendment No. 1 filed with the Securities and Exchange Commission (“SEC”) on February 22, 2023 (“Amendment No. 1”) and by Amendment No. 2 filed with the SEC on May 10, 2023 (“Amendment No. 2”), as amended and supplemented by Amendment No. 3 filed with the SEC on November 14, 2023 (“Amendment No. 3”) and as amended and supplemented by Amendment No. 4 filed with the SEC on November 17, 2023 (“Amendment No. 4” and, together with the Original Schedule 13D, Amendment No. 1, Amendment No. 2, Amendment No. 3 and this Amendment No. 5, the “Schedule 13D”), that relates to the common stock, par value $0.0001 per share (the “Common Shares”), of Kinnate Biopharma Inc., a Delaware corporation (the “Issuer”), by Foresite Capital Fund IV, L.P. (“FCF IV”), Foresite Capital Management IV, LLC (“FCM IV”), Foresite Capital Fund V, L.P. (“FCF V”), Foresite Capital Management V, LLC (“FCM V”), Foresite Capital Opportunity Fund V, L.P. (“FCOF V”), Foresite Capital Opportunity Management V, LLC (“FCOM V”) and James B. Tananbaum (“Tananbaum” and together with FCF IV, FCM IV, FCF V, FCM V, FCOF V and FCOM V, the “Reporting Persons”).

     

    Except as provided herein, this Amendment No. 5 does not modify any of the information previously reported on the Schedule 13D.

     

    ITEM 4. PURPOSE OF TRANSACTION.

     

    The information set forth in Item 6 hereto is hereby incorporated by reference into this Item 4, as applicable.

     

     

      

     

     

    CUSIP No. 49705R105 SCHEDULE 13D Page 10 of 13

     

     

    ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.

     

    Item 5 of the Schedule 13D is hereby amended and restated as follows:

     

    (a,b) Regarding aggregate beneficial ownership, see Row 11 of the cover page of each Reporting Person. Regarding percentage beneficial ownership, see Row 13 of the cover page of each Reporting Person. Regarding sole power to vote shares, see Row 7 of the cover page of each Reporting Person. Regarding shared power to vote shares, see Row 8 of the cover page of each Reporting Person. Regarding sole power to dispose of shares, see Row 9 of the cover page of each Reporting Person. Regarding shared power to dispose of shares, see Row 10 of the cover page of each Reporting Person. The percentage listed in Row 13 for each Reporting Person was calculated based upon 47,112,698 shares of Common Stock outstanding as of November 3, 2023, as reported by the Issuer in the 10-Q.

     

    (c)            The Reporting Persons have not effected any transaction in the securities of the Issuer during the past 60 days.

     

    (d)           Under certain circumstances set forth in the limited partnership agreement of each of FCF IV, FCF V and FCOF V and the limited liability company agreement of each of FCM IV, FCM V and FCOM V the partners or members, as the case may be, of each of such entities may be deemed to have the right to receive dividends from, or the proceeds from the sale of, shares of the Issuer directly or indirectly owned by each such entity of which they are a partner or member.

     

    (e)            Not applicable.

     

     

      

     

     

    CUSIP No. 49705R105 SCHEDULE 13D Page 11 of 13

     

     

    ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER.

     

    Item 6 of the Schedule 13D is hereby amended and supplemented by adding the following:

     

    On February 16, 2024, the Issuer entered into an Agreement and Plan of Merger (the “Merger Agreement”) with XOMA Corporation, a Delaware corporation (“XOMA”), and XRA 1 Corp., a Delaware corporation and a wholly owned subsidiary of XOMA (“Merger Sub”). The Merger Agreement provides for, among other things: (i) the acquisition of all of the Issuer’s outstanding Common Shares, by XOMA through a cash tender offer (the “Offer”) by Merger Sub, for a price per Common Share of (A) $2.3352, plus (B) an additional amount of cash of up to $0.2527 per Common Share, plus (C) one contingent value right; and (ii) the merger of Merger Sub with and into the Issuer with the Issuer surviving the Merger.

     

    In connection with the execution of the Merger Agreement, on February 16, 2024, FCF IV, FCF V and FCOF V and James Tananbaum (collectively, the “Foresite Holders”) entered into support agreements with XOMA and Merger Sub (the “Support Agreements”). The Support Agreements provide that, among other things, the Foresite Holders will irrevocably tender all Common Shares held by them in the Offer, upon the terms and subject to the conditions of the Support Agreements. The Support Agreements will terminate upon certain circumstances, including upon termination of the Merger Agreement or if the Board of Directors of the Issuer votes to approve a superior proposal.

     

    The foregoing description of the Support Agreements does not purport to be complete and is qualified in its entirety by reference to the full text of the Support Agreements, which are filed as Exhibit 1 and Exhibit 2 and are incorporated herein by reference.

     

    ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.

     

    Exhibit No.   Description
    1   Tender and Support Agreement, dated as of February 16, 2024, among FCF IV, FCF V, FCOF V, XOMA and Merger Sub
         
    2  

    Tender and Support Agreement, dated as of February 16, 2024, among James Tananbaum, XOMA and Merger Sub

     

     

     

      

     

     

    CUSIP No. 49705R105 SCHEDULE 13D Page 12 of 13

     

     

    SIGNATURES

     

    After reasonable inquiry and to the best of his or its knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.

     

    Date: February 22, 2024    
      FORESITE CAPITAL FUND IV, L.P.  
           
      By: Foresite Capital Management IV, LLC  
      Its: General Partner  
           
      By: /s/ James B. Tananbaum  
        James B. Tananbaum
    Managing Member
     
           
           
      FORESITE CAPITAL MANAGEMENT IV, LLC  
         
      By: /s/ James B. Tananbaum  
        James B. Tananbaum
    Managing Member
     
           
           
      FORESITE CAPITAL FUND V, L.P.  
           
      By: Foresite Capital Management V, LLC  
      Its: General Partner  
           
      By: /s/ James B. Tananbaum  
        James B. Tananbaum
    Managing Member
     
           
           
      FORESITE CAPITAL MANAGEMENT V, LLC  
           
      By: /s/ James B. Tananbaum  
        James B. Tananbaum
    Managing Member
     
           
           
      FORESITE CAPITAL OPPORTUNITY FUND V, L.P.  
           
      By: Foresite Capital Opportunity Management V, LLC  
      Its: General Partner  
           
      By: /s/ James B. Tananbaum  
        James B. Tananbaum
    Managing Member
     

     

     

      

     

     

    CUSIP No. 49705R105 SCHEDULE 13D Page 13 of 13

     

     

     

    FORESITE CAPITAL OPPORTUNITY MANAGEMENT V, LLC

     
           
      By: /s/ James B. Tananbaum  
        James B. Tananbaum
    Managing Member
     
           
           
      JAMES B. TANANBAUM  
           
      /s/ James B. Tananbaum  

     

     

     

      

      

     

    Get the next $KNTE alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $KNTE

    DatePrice TargetRatingAnalyst
    11/17/2022$35.00 → $11.00Buy → Hold
    Stifel
    7/28/2022$33.00Buy
    H.C. Wainwright
    9/27/2021$46.00Buy
    Jefferies
    9/23/2021$32.00Buy
    Stifel
    7/13/2021Outperform
    William Blair
    More analyst ratings

    $KNTE
    Financials

    Live finance-specific insights

    See more
    • XOMA Announces Calculation of Additional Price Per Share and Extension of Expiration Date for Tender Offer for Kinnate Biopharma Inc.

      EMERYVILLE, Calif., March 19, 2024 (GLOBE NEWSWIRE) -- As previously announced on February 16, 2024, XOMA Corporation (("XOMA" or the "Company", NASDAQ:XOMA) entered into a merger agreement to acquire Kinnate Biopharma Inc. (("Kinnate", NASDAQ:KNTE) for (i) a base cash price per share of Kinnate common stock of $2.3352 per share and (ii) an additional cash amount of not more than $0.2527 per share (together with the base price, the Cash Amount), plus one non-tradeable contingent value right ("CVR") representing the right to receive 85% of the net proceeds from any out license or sale of Kinnate programs effected within one year of closing of the merger and 100% of the net proceeds from any

      3/19/24 4:05:00 PM ET
      $KNTE
      $XOMA
      Biotechnology: Pharmaceutical Preparations
      Health Care
    • XOMA Enters into Agreement to Acquire Kinnate Biopharma for Between $2.3352 and $2.5879 in Cash Per Share Plus a Contingent Value Right

      EMERYVILLE, Calif., Feb. 16, 2024 (GLOBE NEWSWIRE) -- XOMA Corporation (NASDAQ:XOMA) announced today it has entered an agreement to acquire Kinnate Biopharma Inc. (NASDAQ:KNTE) for (i) a base cash price of $2.3352 per share (the Base Price) and (ii) an additional cash amount of not more than $0.2527 per share (together with the Base Price, the Cash Amount) at the closing of the merger plus a non-transferable contingent value right (CVR), representing the right to receive 85% of the net proceeds from any out license or sale of the Kinnate programs effected within one year of closing of the merger or 100% of the net proceeds from any out license or sale executed prior to the closing. "This

      2/16/24 8:00:00 AM ET
      $KNTE
      $XOMA
      Biotechnology: Pharmaceutical Preparations
      Health Care

    $KNTE
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • XOMA Corporation Announces Closing of Tender Offer

      EMERYVILLE, Calif., April 03, 2024 (GLOBE NEWSWIRE) -- XOMA Corporation (NASDAQ:XOMA) ("XOMA" or the "Company"), a biotechnology royalty aggregator playing a distinctive role in helping biotech companies achieve their goal of improving human health, today announced the Company has successfully completed its previously announced tender offer to acquire all outstanding shares of Kinnate Biopharma Inc. (NASDAQ:KNTE) common stock for a price per share of $2.5879 in cash (the "Cash Amount"), plus one non-tradeable contingent value right ("CVR" and together with the Cash Amount, the "Offer Price") representing the right to receive 85% of the net proceeds from any out license or sale of Kinnate p

      4/3/24 9:00:00 AM ET
      $KNTE
      $XOMA
      Biotechnology: Pharmaceutical Preparations
      Health Care
    • XOMA Announces Calculation of Additional Price Per Share and Extension of Expiration Date for Tender Offer for Kinnate Biopharma Inc.

      EMERYVILLE, Calif., March 19, 2024 (GLOBE NEWSWIRE) -- As previously announced on February 16, 2024, XOMA Corporation (("XOMA" or the "Company", NASDAQ:XOMA) entered into a merger agreement to acquire Kinnate Biopharma Inc. (("Kinnate", NASDAQ:KNTE) for (i) a base cash price per share of Kinnate common stock of $2.3352 per share and (ii) an additional cash amount of not more than $0.2527 per share (together with the base price, the Cash Amount), plus one non-tradeable contingent value right ("CVR") representing the right to receive 85% of the net proceeds from any out license or sale of Kinnate programs effected within one year of closing of the merger and 100% of the net proceeds from any

      3/19/24 4:05:00 PM ET
      $KNTE
      $XOMA
      Biotechnology: Pharmaceutical Preparations
      Health Care
    • Kinnate Biopharma Inc. Sells Its Investigational Pan-RAF Inhibitor, exarafenib, to Pierre Fabre Laboratories

      Kinnate has entered into an Asset Purchase Agreement (the "APA") with Pierre Fabre Laboratories for global rights to exarafenib and other pan-RAF program assets.The transaction is in furtherance of Kinnate's previously announced pursuit of strategic alternatives.This acquisition is intended to enable Pierre Fabre Laboratories to pursue its efforts in the field of precision oncology and provide it the opportunity to broaden its reach to patients in need for targeted therapies in RAF and RAS solid tumors.  CASTRES, France and SAN FRANCISCO, March 1, 2024 /CNW/ -- Kinnate Biopharma Inc. (NASDAQ:KNTE) ("Kinnate" or the "Company"), a clinical-stage precision oncology company, and Pierre Fabre Méd

      3/1/24 8:35:00 AM ET
      $KNTE
      Biotechnology: Pharmaceutical Preparations
      Health Care

    $KNTE
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Kinnate BioPharma downgraded by Stifel with a new price target

      Stifel downgraded Kinnate BioPharma from Buy to Hold and set a new price target of $11.00 from $35.00 previously

      11/17/22 7:29:36 AM ET
      $KNTE
      Biotechnology: Pharmaceutical Preparations
      Health Care
    • H.C. Wainwright initiated coverage on Kinnate BioPharma with a new price target

      H.C. Wainwright initiated coverage of Kinnate BioPharma with a rating of Buy and set a new price target of $33.00

      7/28/22 7:41:00 AM ET
      $KNTE
      Biotechnology: Pharmaceutical Preparations
      Health Care
    • Jefferies initiated coverage on Kinnate Biopharma with a new price target

      Jefferies initiated coverage of Kinnate Biopharma with a rating of Buy and set a new price target of $46.00

      9/27/21 5:06:44 AM ET
      $KNTE
      Biotechnology: Pharmaceutical Preparations
      Health Care

    $KNTE
    Leadership Updates

    Live Leadership Updates

    See more
    • Kinnate Biopharma Inc. Adds Global Business and Oncology Expertise to Board of Directors with Appointment of Jill DeSimone as Independent Director

      SAN FRANCISCO and SAN DIEGO, Jan. 26, 2023 (GLOBE NEWSWIRE) -- Kinnate Biopharma Inc. (NASDAQ:KNTE) ("Kinnate"), a clinical-stage precision oncology company, today announced that its board of directors has appointed a new independent director, Jill DeSimone, who will join effective March 1, 2023. Ms. DeSimone brings more than forty years of global business expertise in life sciences to Kinnate's board of directors. Dean J. Mitchell, chairman of the Kinnate board of directors, commented, "I am honored to welcome Jill to the Kinnate board of directors. She is an ideal fit given her breadth of experience as a global business leader for multi-billion-dollar oncology medicines, strategic leade

      1/26/23 4:05:00 PM ET
      $KNTE
      Biotechnology: Pharmaceutical Preparations
      Health Care
    • Kinnate Biopharma Inc. Reports Second Quarter 2021 Financial Results

      Announced first patient dosed in Phase 1 trial evaluating KIN-2787 in patients with BRAF mutation-positive solid tumors Strengthened management team and Board of Directors with key appointments Ended the quarter with cash, cash equivalents and investments of $365.1 million, exclusive of $35.0 million in its China joint venture SAN FRANCISCO and SAN DIEGO, Aug. 16, 2021 (GLOBE NEWSWIRE) -- Kinnate Biopharma Inc. (NASDAQ:KNTE) ("Kinnate"), a biopharmaceutical company focused on the discovery and development of small molecule kinase inhibitors for difficult-to-treat, genomically defined cancers, today announced financial results for the quarter ended June 30, 2021. The company also announc

      8/16/21 4:05:00 PM ET
      $KNTE
      Biotechnology: Pharmaceutical Preparations
      Health Care
    • Kinnate Biopharma Inc. Appoints Helen Sabzevari, Ph.D. to Board of Directors

      SAN FRANCISCO and SAN DIEGO, June 28, 2021 (GLOBE NEWSWIRE) -- Kinnate Biopharma Inc. (NASDAQ:KNTE) ("Kinnate"), a biopharmaceutical company focused on the discovery and development of small molecule kinase inhibitors for difficult-to-treat, genomically defined cancers, today announced the appointment of Helen Sabzevari, Ph.D. to its Board of Directors. Dr. Sabzevari is a global thought leader who is internationally recognized for her work in the field of oncology. Her career-long efforts have helped bridge the gap between cancer cell biology and immunology, bringing these disciplines together to understand how the immune system and cancer cells interact on the broader system level and for

      6/28/21 8:00:00 AM ET
      $KNTE
      Biotechnology: Pharmaceutical Preparations
      Health Care

    $KNTE
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Tananbaum James B. returned 13,718,311 shares to the company (SEC Form 4)

      4 - Kinnate Biopharma Inc. (0001797768) (Issuer)

      4/5/24 4:55:52 PM ET
      $KNTE
      Biotechnology: Pharmaceutical Preparations
      Health Care
    • Krishnamohan Neha returned 64,087 shares to the company, closing all direct ownership in the company (SEC Form 4)

      4 - Kinnate Biopharma Inc. (0001797768) (Issuer)

      4/5/24 4:55:33 PM ET
      $KNTE
      Biotechnology: Pharmaceutical Preparations
      Health Care
    • SEC Form 4 filed by Mitchell Dean J

      4 - Kinnate Biopharma Inc. (0001797768) (Issuer)

      4/5/24 4:55:38 PM ET
      $KNTE
      Biotechnology: Pharmaceutical Preparations
      Health Care

    $KNTE
    SEC Filings

    See more
    • SEC Form 15-12G filed by Kinnate Biopharma Inc.

      15-12G - Kinnate Biopharma Inc. (0001797768) (Filer)

      4/17/24 4:01:50 PM ET
      $KNTE
      Biotechnology: Pharmaceutical Preparations
      Health Care
    • SEC Form S-8 POS filed by Kinnate Biopharma Inc.

      S-8 POS - Kinnate Biopharma Inc. (0001797768) (Filer)

      4/3/24 5:28:02 PM ET
      $KNTE
      Biotechnology: Pharmaceutical Preparations
      Health Care
    • SEC Form S-8 POS filed by Kinnate Biopharma Inc.

      S-8 POS - Kinnate Biopharma Inc. (0001797768) (Filer)

      4/3/24 5:25:55 PM ET
      $KNTE
      Biotechnology: Pharmaceutical Preparations
      Health Care

    $KNTE
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • SEC Form SC 13D/A filed by Kinnate Biopharma Inc. (Amendment)

      SC 13D/A - Kinnate Biopharma Inc. (0001797768) (Subject)

      4/5/24 4:15:42 PM ET
      $KNTE
      Biotechnology: Pharmaceutical Preparations
      Health Care
    • SEC Form SC 13D/A filed by Kinnate Biopharma Inc. (Amendment)

      SC 13D/A - Kinnate Biopharma Inc. (0001797768) (Subject)

      2/22/24 4:39:18 PM ET
      $KNTE
      Biotechnology: Pharmaceutical Preparations
      Health Care
    • SEC Form SC 13D/A filed by Kinnate Biopharma Inc. (Amendment)

      SC 13D/A - Kinnate Biopharma Inc. (0001797768) (Subject)

      2/21/24 4:11:40 PM ET
      $KNTE
      Biotechnology: Pharmaceutical Preparations
      Health Care