XOMA Royalty LLC (XOMA) moves to end SEC registration for common and preferred stock

Rhea-AI Filing Summary

XOMA Royalty LLC has filed a certification to terminate registration under Section 12(g) or suspend its duty to file reports under Sections 13 and 15(d) of the Exchange Act for certain securities. The action covers its Common Stock, 8.625% Series A Cumulative Perpetual Preferred Stock, and Depositary Shares representing interests in its 8.375% Series B Cumulative Perpetual Preferred Stock.

Filing Explained

XOMA filed a Form 15 certification and notice to terminate registration or suspend Exchange Act reporting duties for its common stock and two preferred-stock securities; it also states that no other security classes remain subject to those reporting duties.

Key Figures

Common Stock par value: $0.0075 per share Series A dividend rate: 8.625% Series A par value: $0.05 per share +3 more

6 metrics

Common Stock par value $0.0075 per share Par value of XOMA Royalty LLC common stock covered by Form 15

Series A dividend rate 8.625% Dividend rate on Series A Cumulative Perpetual Preferred Stock

Series A par value $0.05 per share Par value of 8.625% Series A Cumulative Perpetual Preferred Stock

Series B dividend rate 8.375% Dividend rate on Series B Cumulative Perpetual Preferred Stock represented by depositary shares

Series B par value $0.05 per share Par value of 8.375% Series B Cumulative Perpetual Preferred Stock

Form date July 27, 2026 Execution date of the Form 15 certification by XOMA Royalty LLC

Key Terms

Form 15, Section 12(g), Sections 13 and 15(d), Cumulative Perpetual Preferred Stock, +1 more

5 terms

Form 15 regulatory

"FORM 15 CERTIFICATION AND NOTICE OF TERMINATION OF REGISTRATION"

A Form 15 is a short filing a public company uses with the U.S. Securities and Exchange Commission to stop or pause its routine public reporting requirements when it meets certain legal thresholds (such as a low number of public shareholders) or other qualifying conditions. Investors should care because filing one typically means less public financial information and lower trading liquidity—similar to a shop taking down its public notice board, making it harder to track performance and buy or sell shares.

Section 12(g) regulatory

"TERMINATION OF REGISTRATION UNDER SECTION 12(g) OF THE SECURITIES EXCHANGE ACT"

Section 12(g) is a rule that requires companies to register with the government and share their financial details when they have a certain number of shareholders or assets. It matters because it makes these companies more transparent, helping investors make informed decisions and keeping the markets fair.

Sections 13 and 15(d) regulatory

"SUSPENSION OF DUTY TO FILE REPORTS UNDER SECTIONS 13 AND 15(d) OF THE"

Cumulative Perpetual Preferred Stock financial

"8.625% Series A Cumulative Perpetual Preferred Stock, par value $0.05 per share"

A cumulative perpetual preferred stock is a share that acts like a long-lasting hybrid between a bond and a dividend-paying stock: it promises regular fixed payments that, if missed, accumulate and must be paid later before common shareholders get dividends, and it has no set maturity date. Investors care because it can provide steady, higher-priority income similar to interest, but with limited capital upside, sensitivity to interest rates, and the risk that payments can be delayed even though they continue to accrue.

Depositary Shares financial

"Depositary Shares (each representing 1/1000th interest in a share"

Depositary shares are tradable certificates that represent a fractional piece of a larger security held by a third-party bank, like owning a slice of a single big pie instead of the whole pie. They let companies issue and investors buy smaller, more affordable portions of preferred stock or other instruments; holders usually receive proportional dividends and market pricing similar to ordinary shares, but may have limited voting rights and different liquidity or tax implications, which can affect income and resale value.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Available on EDGAR 07/27/2026 - 05:00 PM Accepted by SEC EDGAR 07/27/2026 - 05:00 PM Learn about SEC filing dates

FAQ

What is XOMA (XOMA) doing in this Form 15 filing?

XOMA Royalty LLC is filing a Form 15 to terminate registration under Section 12(g) or suspend reporting duties under Sections 13 and 15(d) for specified securities, including its common and preferred stock, under the Securities Exchange Act of 1934.

Which XOMA (XOMA) securities are covered by this termination or suspension?

The filing covers Common Stock, 8.625% Series A Cumulative Perpetual Preferred Stock, and Depositary Shares representing 1/1000th interests in shares of 8.375% Series B Cumulative Perpetual Preferred Stock, all issued by XOMA Royalty LLC.

Does XOMA (XOMA) still have other classes of securities with reporting duties?

The Form 15 indicates None for titles of all other classes of securities for which a duty to file reports under Section 13(a) or 15(d) remains, suggesting no other registered classes with ongoing Exchange Act reporting obligations are listed in this notice.

Who signed the XOMA (XOMA) Form 15 and in what capacity?

The Form 15 is signed by Owen Hughes as Authorized Representative of XOMA Royalty LLC, providing the required certification and notice on behalf of the registrant regarding termination or suspension of Exchange Act registration and reporting duties.

When did XOMA Royalty LLC submit this Form 15 related to XOMA?

The certification is dated July 27, 2026. This date reflects when XOMA Royalty LLC, through its authorized representative, executed the notice to terminate registration or suspend its reporting obligations for the covered securities under the Exchange Act.

What is the address of XOMA Royalty LLC listed in the Form 15?

XOMA Royalty LLC lists its principal executive offices at 2200 Powell Street, Suite 310, Emeryville, California 94608, with telephone number (510) 204-7200, providing contact details associated with the registrant in the Form 15 certification.

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 15

CERTIFICATION AND NOTICE OF TERMINATION OF REGISTRATION

UNDER SECTION 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934

OR SUSPENSION OF DUTY TO FILE REPORTS UNDER SECTIONS 13 AND 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

Commission File Number: 001-39801

XOMA ROYALTY LLC

(Exact name of registrant as specified in its charter)

2200 Powell Street, Suite 310

Emeryville, California 94608

(510) 204-7200

(Address, including zip code, and telephone number, including area code, of registrant’s principal executive offices)

Common Stock, $0.0075 par value

8.625% Series A Cumulative Perpetual Preferred Stock, par value $0.05 per share

Depositary Shares (each representing 1/1000th interest in a share of 8.375% Series B Cumulative Perpetual Preferred Stock, par value $0.05 per share)

(Title of each class of securities covered by this Form)

None

(Titles of all other classes of securities for which a duty to file reports under section 13(a) or 15(d) remains)

Please place an X in the box(es) to designate the appropriate rule provision(s) relied upon to terminate or suspend the duty to file reports:

Rule 12g-4(a)(1)		☒
Rule 12g-4(a)(2)		☐
Rule 12h-3(b)(1)(i)		☒
Rule 12h-3(b)(1)(ii)		☐
Rule 15d-6		☐
Rule 15d-22(b)		☐

Approximate number of holders of record as of the certification or notice date: One (1)

Pursuant to the requirements of the Securities Exchange Act of 1934, XOMA Royalty LLC has caused this certification/notice to be signed on its behalf by the undersigned duly authorized person.

				XOMA Royalty LLC
Date: July 27, 2026				By:		/s/ Owen Hughes
				Name:		Owen Hughes
				Title:		Authorized Representative