Apollomics Inc. has reached a settlement in litigation with minority shareholders TWVC Goldlink Partners Investment Limited and TWVC Panglin Group Investment Limited, represented by Triwise Capital Management. The dispute, filed in the Grand Court of the Cayman Islands, centered on the redemption of preferred shares prior to Apollomics' 2023 merger with Maxpro Capital Acquisition Corporation. Under the agreement, Apollomics will pay TWVC a total of $5 million in cash over two years, plus approximately $879,758 in legal expenses. All claims will be withdrawn, fully resolving the dispute, which initially sought about $40 million in damages. The settlement is pending court approval.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Apollomics Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-288091), on November 19, 2025, and is solely responsible for the information contained therein.
Comments