Turnstone Biologics Corp. has announced a regulatory action related to its merger with XOMA Royalty Corporation. Following the completion of the merger, Turnstone has notified the Nasdaq Capital Market LLC of the merger's consummation and requested the suspension of trading of its shares, effective before the opening of trading on August 11, 2025. Additionally, Turnstone has filed a Notification of Removal from Listing and/or Registration on Form 25 with the SEC to effect the delisting of all its shares from Nasdaq. The company also plans to file a Certification and Notice of Termination of Registration on Form 15 to terminate the registration of its shares under Section 12(g) of the Securities Exchange Act of 1934 and suspend reporting obligations under Sections 13 and 15(d) of the Exchange Act.
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