Company: XOMAP
Filing Date: 2025-05-30
Form Type: 8-K
Source: 0001193125-25-132200
Chunk: 1

Company: XOMA Royalty Corp
Filing Date: 2025-05-30
Form: 8-K
Item: Item 3.03
Chunk 1
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 of operations of the Company immediately after consummation of the Reincorporation remain the same as immediately before the Reincorporation.

Certain rights of the Company’s stockholders were changed as a result of the Reincorporation. A more detailed description of the Plan of Conversion, Nevada Charter, and Nevada Bylaws, and the effects of the Reincorporation, is set forth in Proposal 3 of the Proxy Statement, and the description contained therein is incorporated herein by reference. Copies of the Plan of Conversion, the Nevada Charter and the Nevada Bylaws are attached hereto as Exhibit 2.1, Exhibit 3.1 and Exhibit 3.2, respectively, and are incorporated by reference herein.

  Item 5.02      Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.  

At the Annual Meeting, the Company’s stockholders approved the Company’s Amended and Restated 2010 Long Term Incentive and Stock Award Plan (as so amended, the “ Plan”), which increases the shares of common stock available for issuance under the Plan by 880,000 shares, prohibits payment of dividends and dividend equivalents on unvested awards and makes other ministerial changes.

For additional information regarding the Plan, please refer to the heading “ Summary of the Proposed A& R Plan” contained in Proposal 5 of the Proxy Statement.

The foregoing description and the summary contained in the Proxy Statement do not purport to be complete and are qualified in their entirety by reference to the full text of the Plan, which is filed hereto as Exhibit 10.1.

  Item 5.03      Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.  

The information set forth under Item 3.03 is incorporated by reference into this Item 5.03.

  Item 5.07      Submission of Matters to a Vote of Security Holders.  

At the Annual Meeting, each of the Company’s director nominees was elected and each of the other proposals voted on was approved. The final voting results are set forth below:

                                                                                                                                             Votes                       Votes                           Broker                  
                                                                                                                                             For                         Withheld                        Non-Votes               
 ─────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Proposal 1. Election of Director Nominees                                                                                                                                                                                      
  • Owen Hughes                                                                                                                                           8,545,322