On April 2, 2026, Lisata Therapeutics, Inc. (the "Company" or "Lisata") and Kuva Labs Inc., a Delaware corporation ("Parent"), together with Kuva Acquisition Corp., a Delaware corporation and a wholly owned subsidiary of Parent ("Purchaser"), reported to have agreed to extend the date by which Purchaser is obligated to commence the tender offer for all of the outstanding shares of common stock of the Company pursuant to the previously announced Agreement and Plan of Merger, dated as of March 6, 2026, by and among Parent, Purchaser and the Company (the "Merger Agreement"), from April 3, 2026, to April 13, 2026, or such other date as may be agreed to between the Company and Parent. Purchaser has not yet commenced the tender offer. The Company has been informed by Parent that Parent is currently seeking alternative sources of financing on terms more favorable to Parent to fund the tender offer, and intends to launch the tender offer when its financing is finalized. The Company is in discussions with Parent regarding the financing and timing of the commencement of the tender offer. There can be no assurance as to when the tender offer will commence, if at all.

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(Press release, Lisata Therapeutics, APR 2, 2026, View Source [SID1234664400])