XOMA stockholders approve 925,000 shares for equity compensation, adopt litigation forum limits

Filed May 22, 2026 · Period ending May 21, 2026 · ~1 min read

Key Changes

• medium

  Shareholders approved adding 425,000 shares to the 2010 equity plan (extended to 2036) and a new 500,000-share employee stock purchase plan, increasing potential dilution by ~10% of current outstanding shares.

  Item 5.02, 5.03 verify on EDGAR →
• medium

  Board amended bylaws to require shareholders to sue in Nevada state court for corporate claims and federal court for securities claims, limiting shareholders' choice of legal venue.

  Item 5.03 verify on EDGAR →
• medium

  Bylaws now clarify Nevada's controlling interest statutes, which require shareholder approval before large acquirers can vote their shares—relevant to pending Ligand merger.

  Item 5.03 verify on EDGAR →