Who submitted the Form 25 related to XOMA (XOMA)?

The Form 25 is submitted by Nasdaq Stock Market LLC. Nasdaq certifies it has reasonable grounds to believe it meets all requirements for filing Form 25 and has the notification signed on its behalf by an authorized person identified as a CDO Analyst.

XOMA Royalty Corp to delist from Nasdaq

Q: Which XOMA (XOMA) security is affected by this Nasdaq action?

The affected security is XOMA Royalty Corp’s common stock. Nasdaq states that it has complied with its rules to strike this class of securities from listing and/or registration, in accordance with 17 CFR 240.12d2-2(b) and related provisions governing removal from exchange listing.

Q: Which regulations govern the XOMA (XOMA) delisting and deregistration?

The process is governed by Section 12(b) of the Securities Exchange Act of 1934 and SEC Rule 17 CFR 240.12d2-2. Nasdaq cites paragraph (b) for striking the listing, while the issuer’s voluntary withdrawal follows paragraph (c) and applicable exchange rules.

XOMA Royalty Corp is having its common stock removed from listing and/or registration on the Nasdaq Stock Market under Section 12(b) of the Securities Exchange Act of 1934.

Accepted by SEC EDGAR 07/15/2026 - 10:39 AM EDT

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)How Sentiment works

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

How Sentiment works How the balance works

Form Type

25-NSE

Rhea-AI Filing Summary

XOMA Royalty Corp is having its common stock removed from listing and/or registration on the Nasdaq Stock Market under Section 12(b) of the Securities Exchange Act of 1934. Nasdaq certifies it has complied with its rules and 17 CFR 240.12d2-2(b) to strike this class of securities. The issuer has also complied with exchange rules and 17 CFR 240.12d2-2(c) governing voluntary withdrawal of the common stock from listing and registration.

Positive

None.

Negative

XOMA Royalty Corp common stock is being removed from listing and/or registration on the Nasdaq Stock Market under Section 12(b) of the Securities Exchange Act of 1934.

Key Figures

Commission File Number: 000-39801 SEC rule citation: 17 CFR 240.12d2-2(b) SEC rule citation: 17 CFR 240.12d2-2(c)

3 metrics

Commission File Number 000-39801 File number associated with XOMA Royalty Corp for this removal from listing

SEC rule citation 17 CFR 240.12d2-2(b) Rule cited for Nasdaq striking the class of securities from listing

SEC rule citation 17 CFR 240.12d2-2(c) Rule cited for issuer compliance in voluntary withdrawal from listing and registration

Key Terms

Section 12(b) of the Securities Exchange Act of 1934, Form 25, withdraw registration, voluntary withdrawal

4 terms

Section 12(b) of the Securities Exchange Act of 1934 regulatory

"removal from listing and/or registration under Section 12(b) of the Securities Exchange Act of 1934"

Form 25 regulatory

"certifies that it has reasonable grounds to believe that it meets all of the requirements for filing the Form 25"

A Form 25 is an official filing with the U.S. Securities and Exchange Commission used to remove a company's stock or other security from a national exchange list. Investors should care because delisting often means less visibility, lower trading volume and wider price swings—similar to a product moving from a major supermarket to a small local market, which can make buying, selling and valuing the security more difficult.

withdraw registration regulatory

"to strike the class of securities from listing and/or withdraw registration on the Exchange"

voluntary withdrawal regulatory

"governing the voluntary withdrawal of the class of securities from listing and registration"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does XOMA (XOMA) disclose in this Form 25 filing?

XOMA Royalty Corp discloses that its common stock is being removed from listing and/or registration on the Nasdaq Stock Market under Section 12(b) of the Securities Exchange Act of 1934. Nasdaq certifies compliance with its rules and applicable SEC regulations for filing Form 25.

Which XOMA (XOMA) security is affected by this Nasdaq action?

The affected security is XOMA Royalty Corp’s common stock. Nasdaq states that it has complied with its rules to strike this class of securities from listing and/or registration, in accordance with 17 CFR 240.12d2-2(b) and related provisions governing removal from exchange listing.

Which regulations govern the XOMA (XOMA) delisting and deregistration?

The process is governed by Section 12(b) of the Securities Exchange Act of 1934 and SEC Rule 17 CFR 240.12d2-2. Nasdaq cites paragraph (b) for striking the listing, while the issuer’s voluntary withdrawal follows paragraph (c) and applicable exchange rules.

Is the XOMA (XOMA) delisting described as voluntary by the issuer?

The filing states that the issuer has complied with exchange rules and 17 CFR 240.12d2-2(c), which governs voluntary withdrawal of a class of securities from listing and registration. This indicates the process includes issuer compliance with the regulatory framework for voluntary withdrawal.

From which exchange is XOMA (XOMA) common stock being removed?

XOMA Royalty Corp’s common stock is being removed from listing and/or registration on the Nasdaq Stock Market LLC. The notification identifies Nasdaq as the exchange where the security has been listed and from which the class of securities is being struck under Section 12(b).

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

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UNITED STATES

OMB APPROVAL

OMB Number:		3235-0080
Expires:	March 31, 2018
Estimated average burden
hours per response:		1.7

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 25

NOTIFICATION OF REMOVAL FROM LISTING AND/OR REGISTRATION
UNDER SECTION 12(b) OF THE SECURITIES EXCHANGE ACT OF 1934.

Commission File Number

000-39801

Issuer:	XOMA Royalty Corp
Exchange:	Nasdaq Stock Market LLC

(Exact name of Issuer as specified in its charter, and name of Exchange where security is listed and/or registered)

Address:	2200 Powell St, Suite 310
	Emeryville	CALIFORNIA	94608
Telephone number:				510-204-7239

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

Common Stock

(Description of class of securities)

Please place an X in the box to designate the rule provision relied upon to strike the class of securities from listing and registration:

17 CFR 240.12d2-2(a)(1)

17 CFR 240.12d2-2(a)(2)

17 CFR 240.12d2-2(a)(3)

17 CFR 240.12d2-2(a)(4)

Pursuant to 17 CFR 240.12d2-2(b), the Exchange has complied with its rules to strike the class of securities from listing and/or withdraw registration on the Exchange. ¹

Pursuant to 17 CFR 240.12d2-2(c), the Issuer has complied with its rules of the Exchange and the requirements of 17 CFR 240.12d-2(c) governing the voluntary withdrawal of the class of securities from listing and registration on the Exchange.

Pursuant to the requirements fo the Securities Exchange Act of 1934, Nasdaq Stock Market LLC certifies that it has reasonable grounds to believe that it meets all of the requirements for filing the Form 25 and has caused this notification to be signed on its behalf by the undersigned duly authorized person.

2026-07-14	By	Jennifer Fainer		CDO Analyst
Date		Name		Title

¹	Form 25 and attached Notice will be considered compliance with the provisions of 17 CFR 240.19d-1 as applicable. See General Instructions.

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR