Apollomics settles Cayman Islands litigation for $5 million

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Go back to Apollomics settles Cayman Islands litigation for $5 million

Apollomics Announces Settlement of Cayman Litigation

November 19, 2025 5:38 PM EST

FOSTER CITY, Calif., Nov. 19, 2025 (GLOBE NEWSWIRE) -- Apollomics Inc. (Apollomics or the Company) (Nasdaq: APLM) announced today entering into a settlement agreement (the Settlement Agreement or the Agreement) with TWVC Goldlink Partners Investment Limited and TWVC Panglin Group Investment Limited (together, TWVC), entities represented by Triwise Capital Management Ltd, in connection with the litigation previously filed in the Grand Court of the Cayman Islands (the Cayman Litigation). The Cayman Litigation involved claims by two minority shareholders relating to the requested redemption of preferred shares of the Company before the consummation of the Companys merger with Maxpro Capital Acquisition... More