Lisata Therapeutics + Kuva Labs Merger Amendment (May 3 SEC 8-K): $5/Share + $1 CVR Tender Offer for Certepetide Cyclic Peptide Oncology Asset, Q2 Closing on Track
Lisata Therapeutics filed a May 3 SEC 8-K disclosing an Amendment and Waiver to the Merger Agreement with Kuva Labs Inc. The original definitive agreement (March 6, 2026) priced the all-cash tender at $5.00/share plus a $1.00 contingent value right per share — payable if a regulatory filing for certepetide is submitted or accepted in any jurisdiction within seven years. Closing is expected in Q2 2026. Certepetide is Lisata's cyclic peptide CendR-platform tumor-microenvironment modulator; the lead Phase 2 ASCEND trial in metastatic pancreatic ductal adenocarcinoma reported encouraging Cohort A data, and a Phase 1b/2a trial in locally advanced non-resectable PDAC is also active. Kuva is a cancer imaging company expanding into therapeutics through the deal.