HilleVax, Inc. and XOMA Royalty Corporation have announced a definitive merger agreement, under which XOMA Royalty will acquire all outstanding shares of HilleVax common stock. The transaction involves a cash payment of $1.95 per share plus a contingent value right. The tender offer to acquire HilleVax shares is expected to commence by August 18, 2025, with the acquisition anticipated to close in September 2025. Approximately 22.9% of HilleVax shareholders, including certain officers, directors, and stockholders, have agreed to support the merger by tendering their shares. The announcement was made by both companies, with Leerink Partners and Latham & Watkins LLP advising HilleVax, and Gibson, Dunn & Crutcher LLP advising XOMA Royalty.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hillevax Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9505302-en) on August 04, 2025, and is solely responsible for the information contained therein.
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