m_and_a
confidence high
sentiment neutral
materiality 0.75
XOMA completes acquisition of HilleVax for $1.95 per share plus CVR
XOMA Royalty Corp
- XOMA acquired HilleVax via tender offer and merger; offer price of $1.95 cash plus one CVR per share.
- Approximately 77.48% of HilleVax shares were tendered (39,214,689 shares) and accepted.
- Merger closed September 17, 2025; HilleVax is now a wholly owned subsidiary of XOMA.
- CVR represents right to receive potential cash payments under CVR Agreement dated September 17, 2025.
- Financial statements of HilleVax will be filed in an amendment to this Form 8-K.
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