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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
XOMA Corporation
XOMA Corporation (XOMA) investor relations material
XOMA Corporation has been delisted
XOMA Corporation EGM 2026 summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.EGM 2026 summary13 Jul, 2026
Opening remarks and agenda
CEO welcomed attendees, introduced the Board, management, legal counsel, and meeting officials.
Agenda and rules of conduct were outlined, emphasizing orderly proceedings and voting process.
Specific resolutions to be voted on
Three proposals were presented: merger agreement, holding company reorganization, and compensation.
Corporate governance
Inspector of Election sworn in to ensure impartial vote counting; quorum confirmed with majority shares represented.
Only stockholders of record as of June 5th were eligible to vote.
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Latest events from XOMA Corporation
- Acquisition closing set for July 14, 2026, with full preferred stock redemption and CVR distribution.XOMA
Proxy filing - Merger proposal offers $39/share plus a litigation-tied CVR; board and major holders support approval.XOMAProxy filing
- All proposals, including director elections and plan approvals, passed unanimously with no questions.XOMAAGM 2026
- Amendment adds HoldCo to the merger, clarifies terms, and outlines key risks and approvals needed.XOMAProxy filing
- FY2025 receipts topped $50M; Q1 2026 net income $4.5M; Ligand merger and portfolio growth drive outlook.XOMAQ1 2026
- Acquisition of XOMA Royalty adds significant royalty assets, accelerates growth, and avoids dilution.XOMAProxy filing
- Ligand to acquire XOMA Royalty for $39/share plus CVR, expanding its royalty portfolio and growth.XOMAProxy filing
- Virtual annual meeting to vote on directors, auditor, incentive plans, and executive pay.XOMAProxy filing
- Shareholders will vote on director elections, auditor ratification, equity plans, and executive pay.XOMAProxy filing
XOMA Corporation
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Frequently asked questions
XOMA Corporation is a biotechnology company that operates primarily as a royalty aggregator. The company focuses on acquiring the economic rights to potential milestone and royalty payments associated with pre-commercial and commercial-stage therapeutic candidates. XOMA's strategy involves building a diversified portfolio of royalty interests in drugs being developed by other pharmaceutical and biotech companies. This approach allows the company to mitigate risk by spreading its investments across multiple therapeutic areas and stages of development, without bearing the costs of research and development itself. The company is headquartered in Emeryville, California, and its share are listed on the NASDAQ.