Ligand amends XOMA Royalty merger agreement to add holding company structure

Filed May 18, 2026 · Period ending May 16, 2026 · ~1 min read

Key Changes

• high

  Ligand and XOMA Royalty amended their April 27 merger agreement to add XOMA Royalty Holdings Corporation (HoldCo), a newly formed Nevada entity, as a party to facilitate a holding company reorganization before the merger closes.

  Item 1.01 verify on EDGAR →
• medium

  Under the revised structure, Ligand's merger subsidiary will merge with HoldCo, which will become a wholly owned subsidiary of Ligand upon completion, rather than merging directly with XOMA Royalty.

  Item 1.01 verify on EDGAR →
• medium

  The original merger agreement was signed April 27, 2026 and still requires XOMA Royalty stockholder approval and regulatory clearances before closing.

  Item 1.01 verify on EDGAR →