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ClosedPublished 11 Aug 2025

XOMA Royalty /
Turnstone

XOMA Royalty completes tender offer for Turnstone Biologics

Buy side: XOMA Royalty
Buy sideXOMA Royalty
Target: Turnstone
TargetTurnstone
XOMA Royalty Corporation · 11 Aug 2025Source
See the source
Buy side: XOMA Royalty
Buy sideXOMA Royalty
Target: Turnstone
TargetTurnstone
01 / BuyerXOMA Royalty
02 / TargetTurnstone
Source for the buyer and target: XOMA Royalty Corporation

For the buyer and target.

“Following the closing of the tender offer, XOMA Royalty merged Turnstone with and into a subsidiary, XRA 3 Corp. (the “Merger”), and all shares of Turnstone common stock that had not been validly tendered were converted into the right to receive the Offer Price.”

Published 11 Aug 2025

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01

What happened

XOMA Royalty Corporation completed its tender offer for Turnstone Biologics Corp. on Aug. 11, 2025. Turnstone became a wholly owned subsidiary of XOMA Royalty Corporation. [01]

Stockholders received $0.34 per share in cash plus one contingent value right. [01]

02

Who is involved, and the source

Everything on this page comes from the source below, quoted word for word.

Advisers

Target

Each adviser in its source's own words. An adviser's own announcement is labelled as one: it is not independent reporting. Advisers are not parties to the deal.

01
Source · XOMA Royalty Corporation

XOMA Royalty completes tender offer for Turnstone Biologics

This document is the source for the companies, stage, figure and people on this page.

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03

Timeline

Every date the source states, in order, each with the words it comes from. Anything marked ahead is a target the source gives, not something that has happened.

  1. Closed

    “XOMA Royalty completes tender offer for Turnstone Biologics XOMA Royalty Corporation completed its tender offer for Turnstone Biologics Corp. on Aug. 11, 2025”

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  2. Published by XOMA Royalty Corporation

    The source this page is built from.

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