secwatch.observer — SEC 8-K summary
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Issuer:     XOMA Royalty Corp (XOMA)
CIK:        0000791908
Form:       8-K
Filed at:   2025-08-15T23:59:59+00:00
Accession:  0001193125-25-181840
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

XOMA completes acquisition of Turnstone Biologics for $0.34 cash plus CVR per share
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- XOMA accepted 17,192,002 shares (~74% of outstanding) at $0.34 plus one CVR per share.
- Merger completed under Section 251(h) of DGCL; no stockholder vote held.
- Outstanding shares not tendered converted to $0.34 and one CVR; options cancelled for no consideration.
- CVR Agreement dated Aug 11, 2025, with Broadridge as rights agent.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/791908/000119312525181840/0001193125-25-181840-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/791908/000119312525181840/d41745d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-181840

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