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-0.0239520958083831 -0.0239520958083831 -0.0419161676646706 -0.0419161676646706 0.00598802395209595 -0.0239520958083831 0.00598802395209595 -0.0299401197604789
Stock impact report

LAVA Announces Exceeding Minimum Condition in Tender Offer and Intent to Delist from Nasdaq

LAVA Therapeutics N.V. - Ordinary Shares (LVTX) 
Company Research Source: GlobeNewswire
UTRECHT, The Netherlands, and PHILADELPHIA, Nov. 13, 2025 (GLOBE NEWSWIRE) -- LAVA Therapeutics N.V. (“LAVA”) (Nasdaq: LVTX) today announced that 22,877,463 of LAVA’s common shares, representing approximately 87% of LAVA’s outstanding common shares, were validly tendered and not withdrawn prior to the expiration of the initial offering period one minute after 11:59 p.m. Eastern Time on November 12, 2025. As a result, the minimum tender condition and other conditions of the previously announced tender offer (the “Offer”) of XOMA Royalty Corporation (“XOMA Royalty”) to acquire LAVA have been satisfied. All validly tendered shares are expected to be accepted for payment on or about November 13, 2025. The subsequent offering period has now commenced. LAVA shareholders who have not yet tendered their common shares may still tender during the subsequent offering period, which will expire one minute after 11:59 p.m. Eastern Time on November 20, 2025. Any common shares tendered during the Show less Read more
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