XOMA Corp Depositary Shares (each representing 1/1000th interest in a share of 8.375% Series B Cumulative Perpetual Preferred Stock, par value $0.05 per share) DE false 0000791908 0000791908 2021-05-19 2021-05-19 0000791908 us-gaap:CommonStockMember 2021-05-19 2021-05-19 0000791908 us-gaap:SeriesAPreferredStockMember 2021-05-19 2021-05-19 0000791908 us-gaap:SeriesBPreferredStockMember 2021-05-19 2021-05-19

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event Reported): May 19, 2021

 

 

XOMA CORPORATION

(Exact Name of Registrant as Specified in Charter)

 

 

 

DELAWARE   001-39801   52-2154066
(State or Other Jurisdiction
of Incorporation)		   (Commission
File Number)		   (I.R.S. Employer
Identification Number)

 

2200 Powell Street, Suite 310, Emeryville, California 94608
(Address of Principal Executive Offices) (Zip Code)

(510) 204-7200

(Registrant’s telephone number, including area code)

(Former name or former address, if changed since last report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

  ☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

  ☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

  ☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

  ☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class:

  

Trading

symbol(s):

  

Name of each exchange

on which registered:

Common Stock, $0.0075 par value per share   XOMA   The Nasdaq Global Market
8.625% Series A Cumulative Perpetual Preferred Stock, par value $0.05 per share   XOMAP   The Nasdaq Global Market
Depositary Shares (each representing 1/1000th interest in a share of 8.375% Series B Cumulative Perpetual Preferred Stock, par value $0.05 per share)   XOMAO   The Nasdaq Global Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2). Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

Item 5.07

Submission of Matters to a Vote of Security Holders.

XOMA Corporation (the “Company”) held its Annual Stockholders Meeting virtually via live webcast at 9am Pacific Time on May 19, 2021 (the “Annual Meeting”), pursuant to notice duly given. Only stockholders of record as of the close of business on March 26, 2021, were entitled to vote at the Annual Meeting. As of March 26, 2021, the record date for the Annual Meeting, 11,257,756 shares of common stock of the Company were outstanding and entitled to vote at the Annual Meeting, of which 7,007,628 shares of common stock of the Company were represented, in person or by proxy, constituting a quorum. The final results of the stockholder vote on each proposal brought before the Annual Meeting were as follows:

(a) Proposal 1. Each of the seven (7) nominees for election to the Board was elected to serve for a one-year term based upon the following votes:

 

NAME

    FOR    WITHHELD    BROKER
NON-VOTE

James R. Neal

    6,137,015    30,448    840,165
  

 

   

 

   

 

W. Denman Van Ness

    5,623,399    544,064    840,165
  

 

   

 

   

 

Joseph M. Limber

    5,698,951    468,512    840,165
  

 

   

 

   

 

Jack L. Wyszomierski

    5,676,112    491,351    840,165
  

 

   

 

   

 

Matthew D. Perry

    6,126,062    41,401    840,165
  

 

   

 

   

 

Barbara Kosacz

    5,942,013    225,450    840,165
  

 

   

 

   

 

Natasha Hernday

    6,127,808    39,655    840,165
  

 

   

 

   

 

(b) Proposal 2. The appointment of Deloitte & Touche LLP to act as the Company’s independent registered public accounting firm for the 2021 fiscal year was ratified based upon the following votes:

 

FOR

   

AGAINST

   

ABSTAIN

6,970,369

    29,856    7,403

 

   

 

   

 

(c) Proposal 3. The amendment to the Company’s Certificate of Incorporation to increase the authorized shares of Preferred Stock from 1,000,000 to 11,000,000 was not approved based upon the following votes:

 

FOR

   

AGAINST

   

ABSTAIN

   

BROKER
NON-VOTE

4,994,763

    1,168,308    4,392    840,165

 

   

 

   

 

   

 

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

    XOMA CORPORATION  
Date: May 20, 2021     By:  

/s/ THOMAS BURNS

  
      Thomas Burns  
      Senior Vice President, Finance and Chief Financial Officer