BlackRock, Inc. reported beneficial ownership of 640,549 shares of XOMA Royalty Corp common stock, equal to 5.4% of the class as shown on the cover. The filing lists 631,604 shares as sole voting power and 640,549 shares as sole dispositive power. The schedule is signed by Spencer Fleming as Managing Director.
Positive
None.
Negative
None.
Insights
BlackRock is disclosed as a >5% holder with sole voting and dispositive power.
BlackRock's Schedule 13G shows it beneficially owns 640,549 shares (5.4%) of XOMA Royalty Corp with 631,604 shares held with sole voting power. This identifies BlackRock as a sizable passive institutional holder under the reporting rules.
Implications depend on BlackRock’s trading decisions and portfolio allocation; future 13D/13G amendments will show any material change. Timing and cash‑flow treatment are not stated in the excerpt.
Filing clarifies voting and disposition powers assigned to BlackRock's reporting business units.
The cover lists voting and dispositive powers separately: sole voting power 631,604, sole dispositive power 640,549. The schedule notes ownership is aggregated across specified Reporting Business Units per SEC Release No. 34-39538.
Watch for any future amendments or exhibits identifying specific sub‑accounts or subsidiaries if control or activist intent changes.
Key Figures
Shares beneficially owned:640,549 sharesPercent of class:5.4%Sole voting power:631,604 shares+2 more
5 metrics
Shares beneficially owned640,549 sharesas reported on Schedule 13G
Percent of class5.4%reported ownership percentage
Sole voting power631,604 sharesshares with sole power to vote
Sole dispositive power640,549 sharesshares with sole power to dispose
CUSIP98419J206XOMA Royalty Corp common stock
Key Terms
Schedule 13G, beneficially owned, sole dispositive power, Reporting Business Units
4 terms
Schedule 13Gregulatory
"Name of issuer: XOMA Royalty Corp"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
beneficially ownedfinancial
"Amount beneficially owned: 640549"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
sole dispositive powerregulatory
"Sole power to dispose or to direct the disposition of: 640549"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Reporting Business Unitsother
"beneficially owned by certain business units (collectively, the "Reporting Business Units")"
What stake does BlackRock hold in XOMA Royalty Corp (XOMA)?
BlackRock beneficially owns 640,549 shares, representing 5.4% of XOMA Royalty Corp common stock. The filing lists 631,604 shares under sole voting power and 640,549 shares under sole dispositive power.
Who filed the Schedule 13G for XOMA and who signed it?
The Schedule 13G was filed by BlackRock, Inc. and the form is signed by Spencer Fleming, Managing Director. The filing cites aggregation across Reporting Business Units under SEC Release No. 34-39538.
Does the filing show BlackRock controls XOMA Royalty Corp?
The filing shows BlackRock beneficially owns 5.4% with sole voting and dispositive powers over those shares. It does not state control of the company or an intent to influence management in the excerpt.
What voting and disposition powers are reported by BlackRock on this filing?
BlackRock reports 631,604 shares as sole power to vote or direct the vote and 640,549 shares as sole power to dispose or direct disposition of the shares of XOMA Royalty Corp.
Is the ownership reported on behalf of other persons or accounts?
The filing notes the stake reflects securities held by certain Reporting Business Units and states various persons may have rights to dividends or sale proceeds; no single third party is identified as >5% in the excerpt.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
XOMA Royalty Corp
(Name of Issuer)
Common Stock
(Title of Class of Securities)
98419J206
(CUSIP Number)
03/31/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
98419J206
1
Names of Reporting Persons
BlackRock, Inc.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
631,604.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
640,549.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
640,549.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.4 %
12
Type of Reporting Person (See Instructions)
HC
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
XOMA Royalty Corp
(b)
Address of issuer's principal executive offices:
2200 Powell Street, Suite 310 Emeryville CA 94608
Item 2.
(a)
Name of person filing:
BlackRock, Inc.
In accordance with SEC Release No. 34-39538 (January 12, 1998), this Schedule 13G reflects the securities beneficially owned, or deemed to be beneficially owned, by certain business units (collectively, the "Reporting Business Units") of BlackRock, Inc. and its subsidiaries and affiliates. It does not include securities, if any, beneficially owned by other business units whose beneficial ownership of securities are disaggregated from that of the Reporting Business Units in accordance with such release.
(b)
Address or principal business office or, if none, residence:
BlackRock, Inc., 50 Hudson Yards New York, NY 10001
(c)
Citizenship:
See Item 4 of Cover Page
(d)
Title of class of securities:
Common Stock
(e)
CUSIP Number(s):
98419J206
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
640549
(b)
Percent of class:
5.4 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
631604
(ii) Shared power to vote or to direct the vote:
0
(iii) Sole power to dispose or to direct the disposition of:
640549
(iv) Shared power to dispose or to direct the disposition of:
0
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
Various persons have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of the common stock of XOMA Royalty Corp. No one person's interest in the common stock of XOMA Royalty Corp is more than five percent of the total outstanding common shares.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
See Exhibit 99
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
