{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-160743","form_type":"8-K/A","ticker":"XOMA","cik":"0000791908","company_name":"XOMA Royalty Corp","filed_at":"2024-06-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.983642+00:00","generated_at":"2026-06-01T04:44:24.918253+00:00","sec_items":["9.01"],"event_type":"m_and_a","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"XOMA closes Kinnate acquisition for $122.7M cash; Q1 2024 pro forma net loss $21.7M","bullets":["Cash consideration of $2.5879 per share + one CVR; aggregate cash $122.7M financed from cash on hand.","Kinnate Q1 2024 net loss $13.1M, cash $151.3M at March 31, 2024.","Pro forma combined net loss for Q1 2024 $21.7M; for FY 2023 $136.9M.","Kinnate restructuring costs of $2.3M in Q1 2024; workforce reductions implemented.","Includes historical audited financials of Kinnate as of Dec 31, 2023 and 2022."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-160743","json":"https://secwatch.observer/filing/0001193125-24-160743.json","markdown":"https://secwatch.observer/filing/0001193125-24-160743.md","text":"https://secwatch.observer/filing/0001193125-24-160743.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/791908/000119312524160743/0001193125-24-160743-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/791908/000119312524160743/d814270d8ka.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T04:44:24.918253+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}