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XOMA - XOMA prices $22M offering of series A cumulative perpetual preferred stock
XOMA Corporation
XOMA ([[XOMA]] -1.8%) announced the pricing of its underwritten registered public offering of 880k shares of 8.625% Series A Cumulative Perpetual Preferred Stock, with liquidation preference of $25/share at an initial public offering price of $25/share, expected gross proceeds of $22M.Underwriters granted a 30-day option to purchase up to an additional 104,000 shares of Preferred Stock.