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Stock impact report

XOMA Announces Closing of Rights Offering

XOMA Corporation (XOMA) 
Last xoma corporation earnings: 3/10 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: investors.xoma.com/investor-relations
Company Research Source: GlobeNewswire
EMERYVILLE, Calif., Dec. 18, 2018 (GLOBE NEWSWIRE) -- XOMA Corporation (Nasdaq: XOMA) (“XOMA” or the “Company”) today announced the closing of its previously announced Rights Offering.  At the closing, XOMA sold and issued an aggregate of 285,689 shares of its common stock at the subscription price of $13.00 per share and an aggregate of 570.126 shares of its Series Y Preferred Stock at the subscription price of $13,000.00 per share pursuant to the exercise of subscriptions in the Rights Offering from its existing stockholders.  In addition, BVF Partners L.P., a stockholder of the Company, purchased an additional 682.646 shares of the Series Y Preferred Stock at the subscription price of $13,000.00 per share pursuant to the exercise of its oversubscription rights.  Combined, the Company sold and issued an aggregate 285,689 shares of its common stock and 1,252.772 shares of its Series Y Preferred Stock for aggregate gross proceeds of $20 million. The Rights Offering was made pursuan Show less Read more
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