8-K
filed July 14, 2026, 9:10 AM ET
ticker XOMA
CIK 0000791908
M&A
confidence high
sentiment positive
materiality 1.00
Ligand completes acquisition of XOMA Royalty for $39.00/share plus CVRs
XOMA Royalty Corp
- Stockholders received $39.00 cash per share plus one CVR per share entitling holder to 75% of net proceeds from certain pending litigation.
- Merger approved by stockholders with 15.9M votes for, 98K against; closing occurred July 14, 2026.
- XOMA Royalty common stock delisted from Nasdaq; loan agreement with Blue Owl Capital terminated.
- New directors appointed: Todd C. Davis, Octavio Espinoza, Andrew Reardon; prior directors resigned.
- Leerink Partners and H.C. Wainwright served as financial advisors; Gibson Dunn as legal advisor.
Featured in Daily 8-K Digest
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Andrew Reardon was appointed as Director at XOMA Royalty Corp.
- Action
- appointed
- Role
- Director
Exact text from the filing
the directors of Merger Sub as of immediately prior to the Effective Time, Todd C. Davis, Octavio Espinoza and Andrew Reardon, became the directors of the Company
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Owen Hughes resigned as Director at XOMA Royalty Corp.
- Action
- resigned
- Role
- Director
Exact text from the filing
each of Jack L. Wyszomierski, Heather L. Franklin, Natasha Hernday, Owen Hughes, Barbara Kosacz, Joseph M. Limber and Matthew Perry, voluntarily resigned as directors of the Company
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Octavio Espinoza was appointed as Director at XOMA Royalty Corp.
- Action
- appointed
- Role
- Director
Exact text from the filing
the directors of Merger Sub as of immediately prior to the Effective Time, Todd C. Davis, Octavio Espinoza and Andrew Reardon, became the directors of the Company
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Matthew Perry resigned as Director at XOMA Royalty Corp.
- Action
- resigned
- Role
- Director
Exact text from the filing
each of Jack L. Wyszomierski, Heather L. Franklin, Natasha Hernday, Owen Hughes, Barbara Kosacz, Joseph M. Limber and Matthew Perry, voluntarily resigned as directors of the Company
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Natasha Hernday resigned as Director at XOMA Royalty Corp.
- Action
- resigned
- Role
- Director
Exact text from the filing
each of Jack L. Wyszomierski, Heather L. Franklin, Natasha Hernday, Owen Hughes, Barbara Kosacz, Joseph M. Limber and Matthew Perry, voluntarily resigned as directors of the Company
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Jack L. Wyszomierski resigned as Director at XOMA Royalty Corp.
- Action
- resigned
- Role
- Director
Exact text from the filing
each of Jack L. Wyszomierski, Heather L. Franklin, Natasha Hernday, Owen Hughes, Barbara Kosacz, Joseph M. Limber and Matthew Perry, voluntarily resigned as directors of the Company
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Barbara Kosacz resigned as Director at XOMA Royalty Corp.
- Action
- resigned
- Role
- Director
Exact text from the filing
each of Jack L. Wyszomierski, Heather L. Franklin, Natasha Hernday, Owen Hughes, Barbara Kosacz, Joseph M. Limber and Matthew Perry, voluntarily resigned as directors of the Company
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Joseph M. Limber resigned as Director at XOMA Royalty Corp.
- Action
- resigned
- Role
- Director
Exact text from the filing
each of Jack L. Wyszomierski, Heather L. Franklin, Natasha Hernday, Owen Hughes, Barbara Kosacz, Joseph M. Limber and Matthew Perry, voluntarily resigned as directors of the Company
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Heather L. Franklin resigned as Director at XOMA Royalty Corp.
- Action
- resigned
- Role
- Director
Exact text from the filing
each of Jack L. Wyszomierski, Heather L. Franklin, Natasha Hernday, Owen Hughes, Barbara Kosacz, Joseph M. Limber and Matthew Perry, voluntarily resigned as directors of the Company
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Todd C. Davis was appointed as Director at XOMA Royalty Corp.
- Action
- appointed
- Role
- Director
Exact text from the filing
the directors of Merger Sub as of immediately prior to the Effective Time, Todd C. Davis, Octavio Espinoza and Andrew Reardon, became the directors of the Company
View on SEC.gov
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