other_material
confidence high
sentiment neutral
materiality 0.50
XOMA stockholders approve reincorporation to Nevada and increase in equity plan shares by 880,000
XOMA Royalty Corp
- Reincorporation from Delaware to Nevada effective May 30, 2025; no change in business, management, or assets.
- Amended 2010 Long Term Incentive Plan increases available shares by 880,000 and prohibits dividends on unvested awards.
- All seven director nominees elected with votes ranging from 7.47M to 8.55M; Deloitte ratified as auditor.
- Reincorporation proposal passed with 6.01M for and 2.55M against; plan amendment approved with 8.15M for.
- Board authorized to unilaterally amend bylaws, approved with 8.41M for and 120,508 against.
item 3.03item 5.02item 5.03item 5.07item 9.01