financetom
Business
financetom
/
Business
/
BRIEF-XOMA Royalty to acquire LAVA Therapeutics for $1.16-$1.24 per share
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
BRIEF-XOMA Royalty to acquire LAVA Therapeutics for $1.16-$1.24 per share
Aug 4, 2025 5:14 AM

Aug 4 (Reuters) - LAVA Therapeutics NV ( LVTX ):

* XOMA ROYALTY ENTERS INTO AGREEMENT TO ACQUIRE LAVA

THERAPEUTICS

FOR BETWEEN $1.16 AND $1.24 PER SHARE IN CASH, PLUS A CONTINGENT

VALUE RIGHT

* XOMA ROYALTY CORP ( XOMA ) - ACQUISITION INCLUDES CVR FOR 75% OF

NET

PROCEEDS

* XOMA ROYALTY CORP ( XOMA ) - TO COMMENCE TENDER OFFER TO ACQUIRE

LAVA BY

AUGUST 15, 2025

* XOMA ROYALTY CORP ( XOMA ) - LAVA TO DISCONTINUE PHASE 1 TRIAL OF

LAVA-1266

* XOMA ROYALTY CORP ( XOMA ): LAVA TO UNDERGO CORPORATE

REORGANIZATION

DESIGNED TO RESULT IN XOMA ROYALTY ACQUIRING 100% OF SHARES IN

LAVA'S SUCCESSOR

* XOMA ROYALTY CORP ( XOMA ): LAVA TO INITIATE WIND-DOWN OF LAVA-1266

PROGRAM

Source text:

Further company coverage:

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
L3Harris, Joby Aviation partner to develop military aircraft
L3Harris, Joby Aviation partner to develop military aircraft
Aug 1, 2025
(Reuters) -Defense firm L3Harris Technologies is working with air taxi maker Joby Aviation to develop a vertical take-off and landing aircraft for defense applications, the companies said on Friday. Flight testing for the new military-grade version of Joby's VTOL aircraft is planned for fall 2025, with operational demonstrations expected in 2026. Joby's gas turbine hybrid VTOL aircraft is designed for...
Palantir Technologies Awarded Enterprise Agreement by US Army
Palantir Technologies Awarded Enterprise Agreement by US Army
Aug 1, 2025
08:32 AM EDT, 08/01/2025 (MT Newswires) -- Palantir Technologies ( PLTR ) has been awarded a new enterprise agreement that establishes a comprehensive framework for the [US] Army's future software and data needs, the Army said in a statement late Thursday. The Army said the agreement allows it to consolidate 75 contracts, comprised of 15 prime contracts and 60 related...
Market Chatter: Intel Senior Executives From Manufacturing Operations to Retire
Market Chatter: Intel Senior Executives From Manufacturing Operations to Retire
Aug 1, 2025
08:33 AM EDT, 08/01/2025 (MT Newswires) -- Intel ( INTC ) said that senior executives from its manufacturing division are set to retire, Reuters reported Friday. Kaizad Mistry and Ryan Russell, corporate vice presidents in the technology development group, and Gary Patton, corporate vice president at its Design Technology Platform, will leave the company, the report said. The company is...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved