13D Filings
HILLEVAX, INC.
Amendment
Ownership

0.00%

Total Shares

0

Issuer CIK

1888012

CUSIP

43157M102

Event Date

Sep 16, 2025

Accepted

Sep 17, 2025, 05:21 PM

Reporting Persons (17)
Joint Filing

This is a joint filing. The reported shares may overlap between reporting persons and should not be summed.

NameType% of ClassAggregateSole VotingShared Voting
Frazier Life Sciences Public Fund, L.P.
Partnership
0.00%000
FHMLSP, L.P.
Partnership
0.00%000
FHMLSP, L.L.C.
Other
0.00%000
Frazier Life Sciences Public Overage Fund, L.P.
Partnership
0.00%000
FHMLSP Overage, L.P.
Partnership
0.00%000
FHMLSP Overage, L.L.C.
Other
0.00%000
Frazier Life Sciences X, L.P.
Partnership
0.00%000
FHMLS X, L.P.
Partnership
0.00%000
FHMLS X, L.L.C.
Other
0.00%000
Frazier Life Sciences XI, L.P.
Partnership
0.00%000
FHMLS XI, L.P.
Partnership
0.00%000
FHMLS XI, L.L.C.
Other
0.00%000
James N. Topper
Individual
0.00%000
Patrick J. Heron
Individual
0.00%000
Albert Cha
Individual
0.00%000
James Brush
Individual
0.00%000
Daniel Estes
Individual
0.00%000
Disclosure Items (4)

Security Title

Common Stock, par value $0.0001 per share

Issuer Name

HILLEVAX, INC.

Issuer Address

321 Harrison Avenue, Boston, MA, 02118

Item 4 of the Schedule 13D is hereby amended to incorporate the following at the end thereof: On August 4, 2025, the Issuer, XOMA Royalty Corporation ("Purchaser") and XRA 4 Corp., a wholly owned subsidiary of Purchaser ("Merger Sub") entered into an Agreement and Plan of Merger (the "Merger Agreement"). Pursuant to the Merger Agreement, upon the terms and subject to the conditions thereof, Purchaser commenced a tender offer (the "Offer") to acquire all of the outstanding shares of Common Stock of the Issuer (the "Shares"), at an offer price of (i) $1.95 in cash, without interest, plus (ii) one non-transferable contractual contingent value right per Share (collectively, the "Offer Price"). The Offer expired at the end of the day, one minute after 11:59 p.m. Eastern Time, on September 15, 2025. On September 17, 2025, Purchaser accepted for purchase all shares of Common Stock that were validly tendered and not validly withdrawn in accordance with the terms of the Offer, which included the Shares that were held by the Reporting Persons. On September 17, 2025, upon the terms and subject to the conditions set forth in the Merger Agreement and in accordance with Section 251(h) of the Delaware General Corporation Law, Merger Sub merged with and into the Issuer, with the Issuer surviving as a wholly owned subsidiary of Purchaser (the "Merger"), without a meeting or vote of stockholders of the Issuer (the "Effective Time"). At the Effective Time, the Shares held by the Reporting Persons were each converted into the right to receive the Offer Price. In addition, pursuant to the Merger Agreement, at the Effective Time, each outstanding stock option, whether vested or unvested, that had an exercise price per Share that was greater than the Offer Price was canceled for no consideration. This included the stock options held by Heron.

Percentage of Class

The information contained in Rows 7, 8, 9, 10, 11, and 13 of each Reporting Person's cover page to this Schedule 13D is incorporated by reference into this Item 5. Except as specifically stated herein, the filing of this Schedule 13D shall not be construed as an admission that any Reporting Person or any of the foregoing is, for the purposes of Section 13(d) and/or Section 13(g) of the Act or otherwise, the beneficial owner of any securities covered by this Schedule 13D or a member of a "group" with any other person.

Number of Shares

The information contained in Rows 7, 8, 9, 10, 11, and 13 of each Reporting Person's cover page to this Schedule 13D is incorporated by reference into this Item 5.

Transactions

Except as disclosed in Item 4 of this Schedule 13D, none of the Reporting Persons has effected any transactions relating to the Common Stock during the past 60 days.

Date of 5% Ownership

As of September 17, 2025, the Reporting Persons ceased to be beneficial owners of more than five percent of the Shares.

Exhibit 99.1 Joint Filing Agreement (incorporated by reference to Exhibit A to Schedule 13D/A filed on May 31, 2024)

HILLEVAX, INC. — Schedule 13D | 13D Filings