LAVA Therapeutics (LVTX) extends XOMA Royalty tender offer expiration to October 17, 2025
Rhea-AI Filing Summary
LAVA Therapeutics N.V. filed an amendment to its Schedule 14D-9 relating to the tender offer by XOMA Royalty Corporation to acquire all outstanding LAVA common shares. The amendment reports that, under the Purchase Agreement, the offer’s expiration has been extended from one minute after 11:59 p.m. Eastern Time on October 3, 2025 to one minute after 11:59 p.m. Eastern Time on October 17, 2025, with the possibility of further extensions in line with the agreement. The filing also adds a joint press release issued by XOMA Royalty Corporation and LAVA on October 2, 2025 as an exhibit.
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FAQ
What does LAVA Therapeutics (LVTX) disclose in this Schedule 14D-9 amendment?
The amendment updates LAVA Therapeutics’ recommendation statement for the tender offer by XOMA Royalty Corporation. It primarily discloses an extension of the offer’s expiration date and adds a joint press release from October 2, 2025 as an exhibit for shareholders.
How long has the XOMA Royalty tender offer for LAVA Therapeutics (LVTX) been extended?
The tender offer expiration moved from one minute after 11:59 p.m. Eastern Time on October 3, 2025 to one minute after 11:59 p.m. Eastern Time on October 17, 2025. The Purchase Agreement also allows the offer to be extended further if specified conditions are met.
Who is attempting to acquire LAVA Therapeutics (LVTX) in this tender offer?
XOMA Royalty Corporation, a Nevada corporation, has made a tender offer to acquire all issued and outstanding common shares of LAVA Therapeutics. The offer is described in an Offer to Purchase and a related Letter of Transmittal referenced throughout the recommendation statement.
What securities of LAVA Therapeutics (LVTX) are subject to the tender offer?
The tender offer covers all issued and outstanding common shares of LAVA Therapeutics, each with a nominal value of €0.12 per share. These shares are the subject securities referenced in the Schedule 14D-9 and the corresponding Offer to Purchase and Letter of Transmittal.
What new exhibit did LAVA Therapeutics (LVTX) add in this Schedule 14D-9 amendment?
LAVA Therapeutics added Exhibit (a)(5)(B), a joint press release issued by XOMA Royalty Corporation and LAVA on October 2, 2025. This press release is incorporated by reference from the amended Schedule TO filed by the buyer for the tender offer.
Who signed the amended Schedule 14D-9 for LAVA Therapeutics (LVTX)?
The amended Schedule 14D-9 was signed on behalf of LAVA Therapeutics N.V. by Stephen Hurly, the company’s Chief Executive Officer and President. He certified that, to his knowledge and belief, the information in the statement is true, complete, and correct as of October 2, 2025.