{"url_path":"/sec/xoma/8-k/2026-07-14/item-1-02","section_key":"item-1-02","section_title":"Item 1.02 Termination of a Material Definitive Agreement.","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-07-14","source_url":"https://www.sec.gov/Archives/edgar/data/791908/0001193125-26-302648-index.html","accession_number":"0001193125-26-302648","cik":"0000791908","ticker":"XOMA","issuer_name":"XOMA Royalty Corp","edgar_url":"https://www.sec.gov/Archives/edgar/data/791908/0001193125-26-302648-index.html","primary_entity_key":"0000791908","primary_entity_name":"XOMA Royalty Corp"},"word_count":121,"has_tables":true,"body_markdown":"Item 1.02\n\nTermination of a Material Definitive Agreement.\n\nOn July 14, 2026, in connection with the Merger, XRL 1 LLC, a wholly owned subsidiary of the Company (“XRL 1 LLC”), as borrower, terminated, and Parent paid or caused to be paid, on behalf of the Company, all amounts necessary to pay and fully discharge the then-outstanding obligations of the Company under the Loan Agreement, dated as of December 15, 2023 (the “Loan Agreement”), by and among XRL 1 LLC, the lender parties thereto (the “Lenders”) and Blue Owl Capital Corporation, as administrative agent for the Lenders. The Company previously filed the Loan Agreement as Exhibit 10.63 to its Annual Report on Form 10-K, filed with the SEC on March 8, 2024."}