Company: XOMAP
Filing Date: 2025-10-03
Form Type: 424B5
Source: 0001193125-25-230383
Chunk: 42

Company: XOMA Royalty Corp
Filing Date: 2025-10-03
Form: 424B5
Chunk 42
---
     | rates and times of payment of interest or dividends, if any; |

| • |     | redemption, conversion, exercise, exchange or sinking fund terms, if any; |

| • |     | ranking; |

| • |     | restrictive covenants, if any; |

| • |     | voting or other rights, if any; |

| • |     | conversion or exchange prices or rates, if any, and, if applicable, any provisions for changes to or adjustments                  
 in the conversion or exchange prices or rates and in the securities or other property receivable upon conversion or exchange; and |

| • |     | a discussion of material United States federal income tax considerations, if any. |

The applicable prospectus supplement and any related free writing prospectus that we may authorize to be provided to you may also add, update or change information contained in this prospectus or in documents we have incorporated by reference. However, no prospectus supplement or free writing prospectus will offer a security that is not registered and described in this prospectus at the time of the effectiveness of the registration statement of which this prospectus is a part. This prospectus may not be used to consummate the sale of securities unless it is accompanied by a prospectus supplement. We may sell the securities directly to investors or to or through agents, underwriters or dealers. We, and our agents, underwriters or dealers reserve the right to accept or reject all or part of any proposed purchase of 6

securities. If we do offer securities to or through agents, underwriters or dealers, we will include in the applicable prospectus supplement:

| • |     | the names of those agents, underwriters or dealers; |

| • |     | applicable fees, discounts and commissions to be paid to them; |

| • |     | details regarding over-allotment options, if any; and |

| • |     | the net proceeds to us. |

Below is a brief summary of the securities we may offer: Common Stock. We may issue shares of our common stock from time to time. Common stockholders are entitled to one vote per share for the election of directors and on all other matters that require common stockholder approval. Holders of our common stock are entitled to share in an equal amount per share in any dividends declared by our Board of Directors (our “Board”) on the common stock and paid out of legally available assets. Subject to any preferential rights of any outstanding preferred stock, in the event of our liquidation