secwatch.observer — SEC 8-K summary
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Issuer:     XOMA Royalty Corp (XOMA)
CIK:        0000791908
Form:       8-K
Filed at:   2026-06-12T21:22:32+00:00
Accession:  0001193125-26-269734
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/791908/000119312526269734/0001193125-26-269734-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/791908/000119312526269734/d143305d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-269734

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