XOMAO Overview

Dividend Declaration: XOMA Corp has declared a quarterly dividend of $0.5234 per share, with a forward yield of 8.2%.

Payment Details: The dividend is payable on January 15 to shareholders of record as of January 2, with an ex-dividend date also set for January 2.

Acquisition Update: XOMA Royalty is set to acquire Generation Bio, indicating strategic growth moves.

Tender Offer Extension: XOMA has extended its tender offer for LAVA Therapeutics until October 17, reflecting ongoing investment activities.

Business Development: XOMA Royalty has secured royalty interests in two partnered assets through its acquisition of LAVA Therapeutics and completed acquisitions of Turnstone Biologics and HilleVax, while also acting as a structuring agent for XenoTherapeutics' acquisition of ESSA Pharma.

Pipeline Advancements: Key developments include Zevra Therapeutics' submission of a Marketing Authorization Application for arimoclomol, Rezolute Bio's expected topline data announcement in December for its Phase 3 trial, and Gossamer Bio's anticipated results from its Phase 3 trial of seralutunib in February 2026.

Financial Performance: In the first nine months of 2025, XOMA Royalty reported $43.9 million in cash receipts, with a net income of $25.6 million, a significant improvement from net losses in the same period of 2024.

Cash Position and Future Outlook: As of September 30, 2025, XOMA Royalty had $130.6 million in cash and cash equivalents, with plans to leverage its growing portfolio for future revenue generation while maintaining a healthy cash balance.

Tender Offer Extension: XOMA Royalty Corporation has extended its tender offer for LAVA Therapeutics' shares until October 17, 2025, allowing shareholders to receive cash and a contingent value right based on future proceeds from LAVA's partnered and unpartnered assets.

Acquisition Process: The acquisition is expected to close in Q4 2025, contingent on certain conditions including the tender of at least 80% of LAVA's shares and the adoption of specific resolutions by LAVA's shareholders.

Acquisition Announcement: XOMA Royalty Corporation has entered into a definitive share purchase agreement to acquire LAVA Therapeutics for between $1.16 and $1.24 per share in cash, along with a contingent value right representing 75% of the net proceeds from LAVA's partnered assets.

Transaction Details: The tender offer is expected to commence by August 15, 2025, with the closing anticipated in the fourth quarter of 2025, subject to conditions including shareholder approval and minimum share tendering requirements.

Merger Announcement: HilleVax, Inc. has entered into a definitive merger agreement with XOMA Royalty Corporation, where XOMA will acquire all outstanding shares of HilleVax for $1.95 per share in cash and contingent value rights, with the acquisition expected to close in September 2025.

Support and Conditions: The merger has received unanimous approval from HilleVax's Board of Directors, and certain stockholders representing approximately 22.9% of HilleVax common stock have agreed to support the transaction by tendering their shares, subject to customary closing conditions.