Company: XOMAP
Filing Date: 2025-04-04
Form Type: PRE 14A
Source: 0001193125-25-073470
Chunk: 62

Company: XOMA Royalty Corp
Filing Date: 2025-04-04
Form: PRE 14A
Chunk 62
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 stock outstanding, the sum of the total number of outstanding equity awards and the total number of shares available for future grant under our equity incentive plans. As of March 31, 2025, our overhang was approximately 22%, and as a result of the Proposed**

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A&R Plan, our overhang would increase to approximately 26%. As of March 31, 2025, outstanding stock options to purchase 1,066,403 shares have an exercise price in excess of $19.93; excluding these stock options, our overhang decreases to approximately 16%, and as a result of the Proposed A&R Plan, our overhang excluding these stock options would be approximately 21%. The following table sets forth information regarding outstanding equity awards (including inducement awards) and shares available for future awards under the 2010 Plan (without giving effect to the Proposed A&R Plan), and the shares available for future purchase under the ESPP.

|                                                                                                                                 |     | As of March 31, 2025 |            |
|:--------------------------------------------------------------------------------------------------------------------------------|:----|:---------------------|-----------:|
| Total number of shares of common stock subject to outstanding stock options                                                     |     |                      |  2,374,695 |
| Weighted-average exercise price of outstanding stock options                                                                    |     | $                    |      20.24 |
| Weighted-average remaining term of outstanding stock options (years)                                                            |     |                      | 5.63 years |
| Total number of shares of common stock subject to outstanding full value awards (assuming achievement of all performance goals) |     |                      |    612,292 |
| Total number of shares of common stock available for grant under the 2010 Plan                                                  |     |                      |    118,061 |
| Total number of shares of common stock available for grant under our 2015 Employee Stock Purchase Plan                          |     |                      |    211,987 |
| Total number of shares of common stock outstanding                                                                              |     |                      | 11,952,889 |
| Per-share closing price of common stock as reported on Nasdaq Capital Market                                                    |     | $                    |      19.93 |

Historical Burn Rate We measure annual burn rate based on stock options grant, PSUs earned, and other full value awards granted as a percentage of the weighted average common stock outstanding. Our equity incentive plan share usage over 2022, 2023 and 2024 represented a three-year average