LVTX
LAVA Therapeutics N.V.1.7400
+0.0000+0%
Nov 20, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
45.77MP/E (TTM)
-Basic EPS (TTM)
-0.87Dividend Yield
0%Recent Filings
8-K
8-K
10-Q
Q3 FY2025 results
LAVA Therapeutics posted a narrower Q3 operating loss of $7.6M, down 33% y/y from $11.3M, as R&D costs plunged 73% to $2.2M amid program discontinuations, while G&A rose 73% to $5.3M on XOMA deal fees. Net loss improved to $7.2M from $12.3M y/y, with EPS at -$0.27 versus -$0.46; YTD net loss narrowed to $19.3M from $21.2M, EPS -$0.72 from -$0.79, reconciling to 26.9M diluted shares. Cash swelled to $49.7M, bolstered by $40.1M in investment maturities, with no debt after a $5.2M waiver. The pending XOMA acquisition, amended October 17 for $1.04/share plus CVRs tied to net cash and milestones, eyes Q4 close. Restructuring slashed headcount 71%, yielding $3.9M in charges. Deal failure risks liquidation.
8-K
LAVA amends acquisition deal
LAVA Therapeutics amended its share purchase agreement with XOMA Royalty on October 17, 2025, setting a fixed $1.04 cash per share for tendering shareholders, down from $1.16-$1.24, plus a non-transferable CVR tied to net proceeds from partnerships with Pfizer and Johnson & Johnson, asset dispositions, and a $6.33 million tax reserve resolution. The tender offer now expires November 12, 2025, with minimum closing net cash lowered to $24.5 million amid liability estimates. Deal closure hinges on 80% share tender and EGM approval November 7. CVRs may yield nothing if milestones falter.
8-K
LAVA acquisition by XOMA announced
LAVA Therapeutics entered a definitive agreement on August 4, 2025, to be acquired by XOMA Royalty Corporation via tender offer at $1.16 to $1.24 per share in cash, plus a contingent value right tied to partnered assets and unpartnered programs; closing is expected in Q4 2025, pending shareholder approval and conditions. The company also discontinued its LAVA-1266 program for AML and MDS, initiating wind-down, while J&J and Pfizer advance Phase 1 trials of partnered candidates. Cash stood at $56.2 million as of June 30, 2025, down from $76.6 million year-end. Acquisition maximizes shareholder value amid restructuring.
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