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Name | Symbol | Market | Type |
---|---|---|---|
Kazia Therapeutics Ltd | NASDAQ:KZIA | NASDAQ | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.0014 | -0.48% | 0.2878 | 0.2725 | 0.2878 | 0.294 | 0.2777 | 0.2892 | 33,307 | 23:07:52 |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of October, 2023
Commission File Number 000-29962
Kazia Therapeutics Limited
(Translation of registrants name into English)
Three International Towers Level 24 300 Barangaroo Avenue Sydney NSW 2000
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☑ Form 40-F ☐
INFORMATION CONTAINED IN THIS FORM 6-K REPORT
ASX and Nasdaq Trading Halt
On October 6, 2023, Kazia Therapeutics Limited (the Company) requested an immediate halt to the trading of the Companys securities quoted on the Australian Securities Exchange (ASX) in accordance with the Listing Rules of the ASX pending an announcement by the Company regarding the proposed delisting of the Companys securities from the ASX (the Announcement). The Company has requested the trading halt remain in place until the earlier of commencement of trading on October 10, 2023 or the date on which the Company makes the Announcement. The document is furnished herewith as Exhibit 99.1 to this report on Form 6-K. The Company also requested an immediate halt to the trading of the Companys American Depositary Shares listed on the Nasdaq Capital Market in accordance with the Nasdaq Listing Rules until the earlier of commencement of trading on October 10, 2023 or the date on which the Company makes the Announcement.
EXHIBIT LIST
Exhibit | Description | |
99.1 | ASX Announcement of Kazia Therapeutics Limited dated October 6, 2023 |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Kazia Therapeutics Limited (Registrant) |
/s/ Karen Krumeich |
Karen Krumeich |
Chief Financial Officer |
Date: October 6, 2023 |
Exhibit 99.1
6 October 2023
Ms Lisa Bahn
Senior Adviser, Listings Compliance
ASX Limited, 20 Bridge Street
SYDNEY NSW 2000
REQUEST FOR TRADING HALT
BY EMAIL: tradinghaltssydney@asx.com.au
Dear Lisa
Kazia Therapeutics Limited- Request for Trading Halt
Kazia Therapeutics Limited (ASX : KZA) (Kazia or the Company) requests an immediate halt to the trading of the Companys securities quoted on the Australian Securities Exchange (ASX) in accordance with the ASX Listing Rule 17.1.
In accordance with Listing Rule 17.1, the Company provides the following information in relation to the request:
(a) | the voluntary trading halt is requested pending an announcement by Kazia regarding the proposed trading solely on Nasdaq and proposed delisting of the Companys securities from ASX (Announcement). |
(b) | the Company requests that the trading halt remains in place until the earlier of commencement of normal trading on 10 October 2023, or when it makes the Announcement. |
(c) | the Company expects to make the Announcement to ASX before the commencement of normal trading on 10 October 2023. |
(d) | the Company is not aware of any reason why the trading halt should not be granted, or of any further information necessary to inform the market about the trading halt. |
Yours faithfully
Anna Sandham
Company Secretary
About Kazia Therapeutics Limited
Kazia Therapeutics Limited (NASDAQ: KZIA; ASX: KZA) is an oncology-focused drug development company, based in Sydney, Australia.
Our lead program is paxalisib, a brain-penetrant inhibitor of the PI3K / Akt / mTOR pathway, which is being developed to treat multiple forms of brain cancer. Licensed from Genentech in late 2016, paxalisib is or has been the subject of ten clinical trials in this disease. A completed Phase II study in glioblastoma reported promising signals of clinical activity in 2021, and a pivotal study in glioblastoma, GBM AGILE, is ongoing, with final data expected in CY2023. Other clinical trials are ongoing in brain metastases, diffuse midline gliomas, and primary CNS lymphoma, with several of these having reported encouraging interim data.
Paxalisib was granted Orphan Drug Designation for glioblastoma by the US FDA in February 2018, and Fast Track Designation for glioblastoma by the FDA in August 2020. Paxalisib was also awarded Fast Track Designation (FTD) in July 2023 for the treatment of solid tumor brain metastases harboring PI3K pathway mutations in combination with radiation therapy. In addition, paxalisib was granted Rare Pediatric Disease Designation and Orphan Drug Designation by the FDA for diffuse intrinsic pontine glioma in August 2020, and for atypical teratoid / rhabdoid tumours (AT/RT) in June 2022 and July 2022, respectively.
Kazia is also developing EVT801, a small-molecule inhibitor of VEGFR3, which was licensed from Evotec SE in April 2021. Preclinical data has shown EVT801 to be active against a broad range of tumour types and has provided compelling evidence of synergy with immuno-oncology agents. A Phase I study commenced recruitment in November 2021.
For more information, please visit www.kaziatherapeutics.com or follow us on Twitter @KaziaTx.
Forward-Looking Statements
This announcement may contain forward-looking statements, which can generally be identified as such by the use of words such as may, will, estimate, future, forward, anticipate, or other similar words. Any statement describing Kazias future plans, strategies, intentions, expectations, objectives, goals or prospects, and other statements that are not historical facts, are also forward- looking statements, including, but not limited to, statements regarding: the timing for results and data related to Kazias clinical and preclinical trials, and Kazias strategy and plans with respect to its programs, including paxalisib and EVT801. Such statements are based on Kazias current expectations and projections about future events and future trends affecting its business and are subject to certain risks and uncertainties that could cause actual results to differ materially from those anticipated in the forward-looking statements, including risks and uncertainties: associated with clinical and preclinical trials and product development, related to regulatory approvals, related to Kazias executive leadership changes, and related to the impact of global economic conditions.. These and other risks and uncertainties are described more fully in Kazias Annual Report, filed on form 20-F with the SEC, and in subsequent filings with the United States Securities and Exchange Commission. Kazia undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise, except as required under applicable law. You should not place undue reliance on these forward-looking statements, which apply only as of the date of this announcement.
This announcement was authorised for release by the Board of Directors.
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