Failure to Satisfy Listing Rule Form 8 K

As previously disclosed on September 10, 2024, Kineta, Inc. (the "Company") received a determination letter (the "Letter") from the Nasdaq Listing Qualifications Staff (the "Staff") of The Nasdaq Stock Market LLC ("Nasdaq") informing the Company that after reviewing the materials submitted by the Company, the Staff had determined to deny the Company's request for continued listing on The Nasdaq Capital Market due to the Company's lack of compliance with Nasdaq Listing Rules 5550(a)(2) and 5550(b)(1). In the Letter, the Staff also notified the Company that trading of its securities would be suspended and the securities would be removed from listing and registration on Nasdaq unless the Company requested an appeal of Nasdaq's determination by September 17, 2024. The Company did not appeal the determination, and therefore, on September 18, 2024, the Staff informed the Company that the Company's common stock, par value $0.001 per share ("Common Stock"), will be suspended from trading on The Nasdaq Capital Market at the opening of business on September 19, 2024. A Form 25-NSE will be filed with the Securities and Exchange Commission by Nasdaq. The trading of the Common Stock will be suspended until delisting which will become effective 10 days after the Form 25-NSE is filed. Following the delisting of its common shares from The Nasdaq Capital Market, the Company will continue to be a reporting company under the Securities Exchange Act of 1934. It is expected that Common Stock will commence trading on the OTC Markets Group platform at the open of trading on September 19, 2024 under the symbol "KA." Quotes and related information will be available at www.otcmarkets.com.