<SEC-DOCUMENT>0001214659-25-012263.txt : 20250814
<SEC-HEADER>0001214659-25-012263.hdr.sgml : 20250814
<ACCEPTANCE-DATETIME>20250814161049
ACCESSION NUMBER:		0001214659-25-012263
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20250812
FILED AS OF DATE:		20250814
DATE AS OF CHANGE:		20250814

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Montano Maricel Perea
		CENTRAL INDEX KEY:			0002076299
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-39801
		FILM NUMBER:		251219085

	MAIL ADDRESS:	
		STREET 1:		C/O XOMA ROYALTY CORPORATION
		STREET 2:		2200 POWELL STREET, SUITE 310
		CITY:			EMERYVILLE
		STATE:			CA
		ZIP:			94608

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			XOMA Royalty Corp
		CENTRAL INDEX KEY:			0000791908
		STANDARD INDUSTRIAL CLASSIFICATION:	PHARMACEUTICAL PREPARATIONS [2834]
		ORGANIZATION NAME:           	03 Life Sciences
		EIN:				522154066
		STATE OF INCORPORATION:			NV
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		2200 POWELL STREET
		STREET 2:		SUITE 310
		CITY:			EMERYVILLE
		STATE:			CA
		ZIP:			94608
		BUSINESS PHONE:		510-204-7239

	MAIL ADDRESS:	
		STREET 1:		2200 POWELL STREET
		STREET 2:		SUITE 310
		CITY:			EMERYVILLE
		STATE:			CA
		ZIP:			94608

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	XOMA Corp
		DATE OF NAME CHANGE:	20120119

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	XOMA LTD /DE/
		DATE OF NAME CHANGE:	19990107

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	XOMA CORP /DE/
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
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<TYPE>3
<SEQUENCE>1
<FILENAME>marketforms-70293.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
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<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0206</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2025-08-12</periodOfReport>

    <noSecuritiesOwned>1</noSecuritiesOwned>

    <issuer>
        <issuerCik>0000791908</issuerCik>
        <issuerName>XOMA Royalty Corp</issuerName>
        <issuerTradingSymbol>XOMA</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0002076299</rptOwnerCik>
            <rptOwnerName>Montano Maricel Perea</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O XOMA ROYALTY CORPORATION</rptOwnerStreet1>
            <rptOwnerStreet2>2200 POWELL STREET, SUITE 310</rptOwnerStreet2>
            <rptOwnerCity>EMERYVILLE</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>94608</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>false</isDirector>
            <isOfficer>true</isOfficer>
            <isTenPercentOwner>false</isTenPercentOwner>
            <isOther>false</isOther>
            <officerTitle>Chief Legal Officer</officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable></nonDerivativeTable>

    <derivativeTable></derivativeTable>

    <footnotes></footnotes>

    <remarks>Exhibit 24 - Power of Attorney.

No securities are beneficially owned</remarks>

    <ownerSignature>
        <signatureName>/s/ Thomas Burns, Attorney-in-Fact for Maricel Perea Montano</signatureName>
        <signatureDate>2025-08-14</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-24
<SEQUENCE>2
<FILENAME>poa.htm
<DESCRIPTION>POA DOCUMENT
<TEXT>
<html>
  <body>
    <pre>

Know all by these presents that the undersigned hereby constitutes and appoints
each of Thomas Burns of XOMA Royalty Corporation (the "Company") and Andrea Shen
of Gibson, Dunn & Crutcher LLP, signing singly and with full power of
substitution and re-substitution, as the undersigned's true and lawful
attorney-in-fact to:

1.	obtain credentials (including codes or passwords) enabling the undersigned to
make electronic filings with the U.S. Securities and Exchange Commission (the
"SEC"), including as necessary to prepare, execute in the undersigned's name and
on the undersigned's behalf and submit to the SEC a Form ID, including
amendments thereto, and any other documents necessary or appropriate to obtain
codes or passwords enabling the undersigned to make electronic filings with the
SEC via the Electronic Data Gathering and Retrieval ("EDGAR") system of reports
required by the Securities Exchange Act of 1934, as amended (the "Exchange
Act"), or any rule or regulation of the SEC;

2.	act as an account administrator for the undersigned's EDGAR account,
including: (i) appointing, removing and replacing account administrators,
technical administrators, account users and delegated entities; (ii) maintaining
the security of the undersigned's EDGAR account, including modification of
access codes; (iii) maintaining, modifying and certifying the accuracy of
information on the undersigned's EDGAR account dashboard; and (iv) taking any
other actions contemplated by Rule 10 of Regulation S-T;

3.	execute for and on behalf of the undersigned, in the undersigned's capacity
as a director and/or officer of the Company, Forms 3, 4 and 5 in accordance with
Section 16(a) of the Exchange Act and the rules thereunder;

4.	do and perform any and all acts for and on behalf of the undersigned that may
be necessary or desirable to complete and execute any such Form ID, 3, 4 or 5,
complete and execute any such amendment or amendments thereto and file such form
with the SEC and any securities exchange or similar authority; and

5.	take any other action of any type whatsoever in connection with the foregoing
that, in the opinion of such attorney-in-fact, may be of benefit to, in the best
interest of or legally required by, the undersigned, it being understood that
the documents executed by such attorney-in-fact on behalf of the undersigned
pursuant to this Power of Attorney shall be in such form and shall contain such
terms and conditions as such attorney-in-fact may approve in such
attorney-in-fact's sole discretion.

The undersigned hereby grants to each such attorney-in-fact full power and
authority to do and perform any and every act and thing whatsoever requisite,
necessary or proper to be done in the exercise of any of the rights and powers
herein granted, as fully to all intents and purposes as the undersigned might or
could do if personally present, with full power of substitution or revocation,
hereby ratifying and confirming all that each such attorney-in-fact, or such
attorney-in-fact's substitute or substitutes, shall lawfully do or cause to be
done by virtue of this Power of Attorney and the rights and powers herein
granted.  The undersigned also ratifies hereby any action previously taken by
each attorney-in-fact that would have been authorized by this Power of Attorney
if it had been in effect at the time such action was taken.  The undersigned
acknowledges that each attorney-in-fact, in serving in such capacity at the
request of the undersigned, is not assuming, nor is the Company assuming, any of
the undersigned's responsibilities to comply with the requirements of the
Exchange Act, including Section 16 of the Exchange Act;

This Power of Attorney shall remain in full force and effect until the earliest
to occur of (a) the undersigned is no longer required to file Forms 3, 4 and 5
with respect to the undersigned's holdings of and transactions in securities
issued by the Company, (b) revocation by the undersigned in a signed writing
delivered to the foregoing attorneys-in-fact or (c) as to any attorney-in-fact
individually, until such attorney-in-fact is no longer employed by the Company
or Gibson, Dunn & Crutcher LLP.



IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be
executed as of June 18, 2025.



Signature:     /s/ Maricel Perea Montano
    </pre>
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</SEC-DOCUMENT>
