XOMA redeems all preferred stock, sets CVR record date; merger closing on July 14

XOMA Royalty Corp

Redemption of all 984K Series A and 1.76M Series B depositary shares on July 14 at $25/sh plus accrued dividends.
Quarterly preferred dividends: Series A $0.53906/sh, Series B $0.52344/dep; record July 2, pay July 15.
Merger with Ligand expected to close on/about July 14, 2026, subject to remaining conditions.
CVR record date July 13, 2026 at 5pm ET; each common share receives one CVR for contingent Janssen payments.

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