Item 1.01. Entry into a Material Definitive Agreement.

On January 8, 2020, Kura Oncology, Inc. (the "Company") entered into an Office Lease (the "Lease") with BRE CA Office Owner LLC ("Landlord") for the lease of approximately 13,420 square feet of rentable area of the building located at 12730 High Bluff Drive, San Diego, California 92130 (the "Premises"). The commencement date of the Lease is expected to be May 1, 2020. The Company expects to use the Premises as its new principal executive offices and for general office use. The term of the Lease (the "Initial Term") is five years and four months and the Company has one option to extend the Lease for a period of five additional years. The minimum rent payable by the Company under the Lease will be approximately $57,700 per month for the first year of the Lease, which amount will increase by 3.0% per year over the Initial Term. The Company will also be responsible for the payment of additional rent to cover the Company's share of the annual operating expenses of the building, the annual tax expenses of the building, the annual utilities costs for the building and parking. In the event of a default of certain of the Company's obligations under the Lease, Landlord would have the right to terminate the Lease and recover certain unpaid rent and expenses.

The foregoing description of the Lease does not purport to be complete and is subject to, and qualified in its entirety by reference to, the full text of the Lease. The Company intends to file a copy of the Lease with the Company's Annual Report on Form 10-K for the year ended December 31, 2019.

Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

The information set forth in Item 1.01 above is incorporated by reference herein.

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