XOMA Royalty Corp 13D

BVF Partners and affiliates have increased their common equity stake in XOMA Royalty Corp to about 43.3% through full conversion of Series X Preferred Stock under existing Support Agreements, without newly stated activist demands in this amendment.

BVF Partners and affiliated funds, led by Mark N. Lampert, have converted all of their Series X Preferred Stock into common shares of XOMA Royalty Corp at $4.03 per share, resulting in aggregate beneficial ownership of approximately 7,593,303 shares or about 43.3% of the company’s outstanding stock, and while this amendment focuses on documenting the large increase in common equity via the Series X Conversion and an increased beneficial ownership cap to 45%, it does not newly state explicit activist plans beyond the previously disclosed Support Agreements referenced from earlier amendments.

Filing Facts

CIK

791908

Ticker

XOMA

Form

13D

Source Type

sec

Accession

0000921895-26-001434

Alert Tier

8