Company: XOMAP
Filing Date: 2025-10-03
Form Type: 424B5
Source: 0001193125-25-230393
Chunk: 67

Company: XOMA Royalty Corp
Filing Date: 2025-10-03
Form: 424B5
Chunk 67
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. We may issue units consisting of any combination of the other types of securities offered under this prospectus in one or more series. We may
evidence each series of units by unit certificates that we will issue under a separate agreement. We may enter into unit agreements with a unit agent. Each unit agent will be a bank or trust company that we select. We will indicate the name and
address of the unit agent in the applicable prospectus supplement relating to a particular series of units. In this prospectus, we have summarized certain general features of the units under “Description of Units.” We urge you, however,
to read the applicable prospectus supplement (and any related free writing prospectus that we may authorize to be provided to you) related to the units being offered, as well as the complete unit agreements, if any, that contain the terms of the
units. We will file as exhibits to the registration statement of which this prospectus is a part, or will incorporate by reference from reports that we file with the SEC, the form of unit agreement, if any, that contain the terms of the units we are
offering, and any supplemental agreements, before the issuance of such units.

9

DESCRIPTION OF CAPITAL STOCK

The following is a description of our common stock, $0.0075 par value (the “Common Stock”), preferred stock, $0.05 par value (the “Preferred
Stock”) and depositary shares. The Common Stock, the Series A Preferred Stock and the depositary shares (the “Series B Depositary Shares”), each representing a 1/1000 interest
in a share of Series B Preferred Stock, are the only securities of the Company registered pursuant to Section 12 of the Exchange Act.

Common Stock

General.We are authorized to issue up to 277,333,332 shares of Common Stock. All outstanding shares of Common Stock are validly
issued, fully paid and nonassessable. The following description is based on (i) our Certificate of Incorporation, as amended (the “Certificate of Incorporation”), (ii) our By-laws, as
currently in effect (the “By-laws”), and (iii) the Delaware General Corporation Law (the “DGCL”). The following summary description of our Common Stock is qualified in its entirety
by reference to the provisions of the Certificate of Incorporation, Bylaws and the applicable provisions of the DGCL.

Dividend Rights.The
holders of our Common Stock have the right to receive dividends and distributions, whether