{"id":867728,"date":"2025-07-09T01:08:08","date_gmt":"2025-07-09T05:08:08","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/appeal-decision-by-eastern-caribbean-supreme-court-supports-right-of-prime-success-and-vivo-capital-to-participate-in-critical-sinovac-biotech-shareholder-vote\/"},"modified":"2025-07-09T01:08:08","modified_gmt":"2025-07-09T05:08:08","slug":"appeal-decision-by-eastern-caribbean-supreme-court-supports-right-of-prime-success-and-vivo-capital-to-participate-in-critical-sinovac-biotech-shareholder-vote","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/appeal-decision-by-eastern-caribbean-supreme-court-supports-right-of-prime-success-and-vivo-capital-to-participate-in-critical-sinovac-biotech-shareholder-vote\/","title":{"rendered":"Appeal Decision By Eastern Caribbean Supreme Court Supports Right of Prime Success and Vivo Capital to Participate in Critical Sinovac Biotech Shareholder Vote"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Appeal Decision By Eastern Caribbean Supreme Court Supports Right of Prime Success and Vivo Capital to Participate in Critical Sinovac Biotech Shareholder Vote<\/b><\/p>\n<p class=\"bwalignc\"><i>Decision Stays Attempt of 1Globe to Disenfranchise Shareholders<\/i><\/p>\n<p>PALO ALTO, Calif.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nVivo Capital (\u201cVivo\u201d or \u201cwe\u201d), a leading global investment firm focused exclusively on healthcare and life sciences and a long term shareholder of Sinovac Biotech Ltd. (NASDAQ:SVA) (\u201cSinovac\u201d or the \u201cCompany\u201d), today announced that the Court of Appeals of the Eastern Caribbean Supreme Court granted a motion to stay the self-interested injunction sought and led by 1Globe to prevent legitimate, long-term shareholders in the Company from participating in its critical shareholder vote.<\/p>\n<p>\nThe decision confirmed Vivo and Prime Success were permitted to attend and vote in the July 8<sup>th<\/sup> shareholder meeting as valid shareholders. Allowing 1Globe\u2019s actions to proceed would have harmed shareholder rights and undermined the integrity of the Company\u2019s governance structure, and Vivo thanks the Court for granting the stay.<\/p>\n<p>\nSince its 2018 investment in Sinovac, Vivo has contributed immensely to the Company\u2019s success to the benefit of all shareholders, including by providing incremental investment vital to the success of CoronaVac. By contrast, 1Globe obtained control of Sinovac by unscrupulous, dishonest, and criminal conduct and by surreptitiously purchasing its position in the open market without contributing a single dollar or otherwise providing any support to the Company.<\/p>\n<p>\nVivo has remained steadfast in its mission to restore trust in Sinovac\u2019s governance, and ultimately, position the Company to resume trading and return cash to shareholders.<\/p>\n<p><b>About Vivo Capital<\/b><\/p>\n<p>\nFounded in 1996, Vivo Capital is a leading global healthcare investment firm with a diverse, multi-fund investment platform spanning venture capital, growth equity, buyout, and public equities. The Firm has approximately $5.3 billion in regulatory assets under management and has invested in over 430 public and private companies globally. Headquartered in Palo Alto, California, the Vivo team consists of more than 75 multi-disciplinary professionals. Vivo invests broadly in healthcare across multiple sub-sectors, including biotechnology, pharmaceuticals, medical devices, and healthcare services, with a focus on the largest healthcare markets globally.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250708526207r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20250708526207\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20250708526207\/en\/<\/a><\/span><\/p>\n<p>\nMedia<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:Pro-Vivo@Prosek.com\">Pro-Vivo@Prosek.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America California<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Biotechnology Professional Services Other Health Health General Health Business Pharmaceutical Medical Devices Asset Management Other Professional Services Finance<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250708526207\/en\/2518556\/3\/Vivo_Logo.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Appeal Decision By Eastern Caribbean Supreme Court Supports Right of Prime Success and Vivo Capital to Participate in Critical Sinovac Biotech Shareholder Vote Decision Stays Attempt of 1Globe to Disenfranchise Shareholders PALO ALTO, Calif.&#8211;(BUSINESS WIRE)&#8211; Vivo Capital (\u201cVivo\u201d or \u201cwe\u201d), a leading global investment firm focused exclusively on healthcare and life sciences and a long term shareholder of Sinovac Biotech Ltd. (NASDAQ:SVA) (\u201cSinovac\u201d or the \u201cCompany\u201d), today announced that the Court of Appeals of the Eastern Caribbean Supreme Court granted a motion to stay the self-interested injunction sought and led by 1Globe to prevent legitimate, long-term shareholders in the Company from participating in its critical shareholder vote. The decision confirmed Vivo and Prime Success were permitted to attend and vote &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/appeal-decision-by-eastern-caribbean-supreme-court-supports-right-of-prime-success-and-vivo-capital-to-participate-in-critical-sinovac-biotech-shareholder-vote\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Appeal Decision By Eastern Caribbean Supreme Court Supports Right of Prime Success and Vivo Capital to Participate in Critical Sinovac Biotech Shareholder Vote&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-867728","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Appeal Decision By Eastern Caribbean Supreme Court Supports Right of Prime Success and Vivo Capital to Participate in Critical Sinovac Biotech Shareholder Vote - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/appeal-decision-by-eastern-caribbean-supreme-court-supports-right-of-prime-success-and-vivo-capital-to-participate-in-critical-sinovac-biotech-shareholder-vote\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Appeal Decision By Eastern Caribbean Supreme Court Supports Right of Prime Success and Vivo Capital to Participate in Critical Sinovac Biotech Shareholder Vote - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Appeal Decision By Eastern Caribbean Supreme Court Supports Right of Prime Success and Vivo Capital to Participate in Critical Sinovac Biotech Shareholder Vote Decision Stays Attempt of 1Globe to Disenfranchise Shareholders PALO ALTO, Calif.&#8211;(BUSINESS WIRE)&#8211; Vivo Capital (\u201cVivo\u201d or \u201cwe\u201d), a leading global investment firm focused exclusively on healthcare and life sciences and a long term shareholder of Sinovac Biotech Ltd. (NASDAQ:SVA) (\u201cSinovac\u201d or the \u201cCompany\u201d), today announced that the Court of Appeals of the Eastern Caribbean Supreme Court granted a motion to stay the self-interested injunction sought and led by 1Globe to prevent legitimate, long-term shareholders in the Company from participating in its critical shareholder vote. The decision confirmed Vivo and Prime Success were permitted to attend and vote &hellip; Continue reading &quot;Appeal Decision By Eastern Caribbean Supreme Court Supports Right of Prime Success and Vivo Capital to Participate in Critical Sinovac Biotech Shareholder Vote&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/appeal-decision-by-eastern-caribbean-supreme-court-supports-right-of-prime-success-and-vivo-capital-to-participate-in-critical-sinovac-biotech-shareholder-vote\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-07-09T05:08:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250708526207r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/appeal-decision-by-eastern-caribbean-supreme-court-supports-right-of-prime-success-and-vivo-capital-to-participate-in-critical-sinovac-biotech-shareholder-vote\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/appeal-decision-by-eastern-caribbean-supreme-court-supports-right-of-prime-success-and-vivo-capital-to-participate-in-critical-sinovac-biotech-shareholder-vote\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Appeal Decision By Eastern Caribbean Supreme Court Supports Right of Prime Success and Vivo Capital to Participate in Critical Sinovac Biotech Shareholder Vote\",\"datePublished\":\"2025-07-09T05:08:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/appeal-decision-by-eastern-caribbean-supreme-court-supports-right-of-prime-success-and-vivo-capital-to-participate-in-critical-sinovac-biotech-shareholder-vote\\\/\"},\"wordCount\":413,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/appeal-decision-by-eastern-caribbean-supreme-court-supports-right-of-prime-success-and-vivo-capital-to-participate-in-critical-sinovac-biotech-shareholder-vote\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20250708526207r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/appeal-decision-by-eastern-caribbean-supreme-court-supports-right-of-prime-success-and-vivo-capital-to-participate-in-critical-sinovac-biotech-shareholder-vote\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/appeal-decision-by-eastern-caribbean-supreme-court-supports-right-of-prime-success-and-vivo-capital-to-participate-in-critical-sinovac-biotech-shareholder-vote\\\/\",\"name\":\"Appeal Decision By Eastern Caribbean Supreme Court Supports Right of Prime Success and Vivo Capital to Participate in Critical Sinovac Biotech Shareholder Vote - 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(NASDAQ:SVA) (\u201cSinovac\u201d or the \u201cCompany\u201d), today announced that the Court of Appeals of the Eastern Caribbean Supreme Court granted a motion to stay the self-interested injunction sought and led by 1Globe to prevent legitimate, long-term shareholders in the Company from participating in its critical shareholder vote. 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