XOMA Royalty Corp. Files 8-K with Stock and Preferred Stock Details
Ticker: XOMAP · Form: 8-K · Filed: Oct 22, 2024 · CIK: 791908
| Field | Detail |
|---|---|
| Company | Xoma Royalty Corp (XOMAP) |
| Form Type | 8-K |
| Filed Date | Oct 22, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.0075, $0.05, $15,000,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-filing, preferred-stock, common-stock
TL;DR
XOMA Royalty Corp. filed an 8-K on 10/21/24 detailing common and preferred stock info.
AI Summary
On October 21, 2024, XOMA Royalty Corp. filed an 8-K report detailing other events and financial statements. The filing includes information related to its common stock and Series A and Series B cumulative perpetual preferred stock. The company is registered under the standard industrial classification for Pharmaceutical Preparations.
Why It Matters
This filing provides an update on XOMA Royalty Corp.'s capital structure, including details on its common and preferred stock, which is important for investors to understand the company's financial standing and potential claims on assets.
Risk Assessment
Risk Level: low — The filing is a routine 8-K report providing standard corporate information and does not indicate any immediate financial distress or significant operational changes.
Key Numbers
- 0.05 — Par Value per Share (Applies to Series A and Series B Cumulative Perpetual Preferred Stock)
Key Players & Entities
- XOMA Royalty Corp. (company) — Registrant
- October 21, 2024 (date) — Date of earliest event reported
- 0000791908 (company) — Central Index Key
- 2834 (industry_code) — Standard Industrial Classification (Pharmaceutical Preparations)
- 510-204-7239 (phone_number) — Business Phone
FAQ
What specific 'Other Events' are detailed in this 8-K filing?
The provided excerpt does not detail the specific 'Other Events' but indicates that 'Other Events' is an item information category for this filing.
What is the par value of XOMA Royalty Corp.'s common stock?
The filing mentions 'us-gaap:CommonStockMember' in relation to October 21, 2024, but does not explicitly state the par value for common stock in this excerpt.
What are the details of the Series A Cumulative Perpetual Preferred Stock?
The filing references 'xoma:M8.625SeriesACumulativePerpetualPreferredStockParValue0.05PerShareMember' as of October 21, 2024, indicating a dividend rate of 8.625% and a par value of $0.05 per share.
What is the par value of the Series B Cumulative Perpetual Preferred Stock?
The filing references 'xoma:DepositarySharesEachRepresenting11000thInterestInAShareOf8.375SeriesBCumulativePerpetualPreferredStockParValue0.05PerShareMember' as of October 21, 2024, indicating a par value of $0.05 per share.
When was XOMA Royalty Corp. formerly known as XOMA Corp?
The company was formerly known as XOMA Corp /DE/ with a date of name change on July 3, 1992.
Filing Stats: 552 words · 2 min read · ~2 pages · Grade level 11.8 · Accepted 2024-10-22 08:16:02
Key Financial Figures
- $0.0075 — nge on which registered: Common Stock, $0.0075 par value XOMA The Nasdaq Global Ma
- $0.05 — ve Perpetual Preferred Stock, par value $0.05 per share XOMAP The Nasdaq Global M
- $15,000,000 — he Purchase Agreement, the Company paid $15,000,000 in cash to Twist in consideration for t
Filing Documents
- d826403d8k.htm (8-K) — 29KB
- d826403dex991.htm (EX-99.1) — 10KB
- g826403g1022044430458.jpg (GRAPHIC) — 6KB
- 0001193125-24-240757.txt ( ) — 219KB
- xoma-20241021.xsd (EX-101.SCH) — 4KB
- xoma-20241021_def.xml (EX-101.DEF) — 14KB
- xoma-20241021_lab.xml (EX-101.LAB) — 24KB
- xoma-20241021_pre.xml (EX-101.PRE) — 15KB
- d826403d8k_htm.xml (XML) — 8KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 99.1 Press Release, dated October 22, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) -2- SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. XOMA ROYALTY CORPORATION Date: October 22, 2024 By: /s/ THOMAS BURNS Thomas Burns Senior Vice President, Finance and Chief Financial Officer -3-