{"id":911888,"date":"2025-11-19T17:44:45","date_gmt":"2025-11-19T22:44:45","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/apollomics-announces-settlement-of-cayman-litigation\/"},"modified":"2025-11-19T17:44:45","modified_gmt":"2025-11-19T22:44:45","slug":"apollomics-announces-settlement-of-cayman-litigation","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/apollomics-announces-settlement-of-cayman-litigation\/","title":{"rendered":"Apollomics Announces Settlement of Cayman Litigation"},"content":{"rendered":"<div class=\"mw_release\">\n<p>FOSTER CITY, Calif., Nov.  19, 2025  (GLOBE NEWSWIRE) &#8212; Apollomics Inc. (\u201cApollomics\u201d or the \u201cCompany\u201d) (Nasdaq: APLM) announced today entering into a settlement agreement (the \u201cSettlement Agreement\u201d or the \u201cAgreement\u201d) with TWVC Goldlink Partners Investment Limited and TWVC Panglin Group Investment Limited (together, \u201cTWVC\u201d), entities represented by Triwise Capital Management Ltd, in connection with the litigation previously filed in the Grand Court of the Cayman Islands (the \u201cCayman Litigation\u201d). 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 Company\u2019s merger with Maxpro Capital Acquisition Corporation in 2023.<\/p>\n<p>The Settlement Agreement fully resolves all disputes between the Company and TWVC. Under the Agreement, the Company has agreed to pay TWVC a total of US$5 million in cash, to be made in several installments over a period of two years, plus approximately US$879,757.78 in associated legal expenses. As agreed in the Settlement Agreement, TWVC will withdraw all claims against the Company and its affiliates, and the parties are in the process of submitting the Settlement and Settlement Agreement for the court\u2019s approval to conclude the associated litigation proceedings. The original amount of damages claimed by TWVC was approximately US$40 million, as disclosed in the Form 20-F filed in April 2025.<\/p>\n<p>\n        <strong>About\u00a0Apollomics Inc.<\/strong><br \/>\n        <br \/>Apollomics Inc.\u00a0is an innovative clinical-stage biopharmaceutical company focused on the discovery and development of oncology therapies with the potential to be combined with other treatment options to harness the immune system and target specific molecular pathways to inhibit cancer. Apollomics\u2019 lead program is vebreltinib (APL-101), a potent, selective c-Met inhibitor for the treatment of non-small cell lung cancer and other advanced tumors with c-Met alterations, which is currently in a Phase 2 multicohort clinical trial in\u00a0the United States\u00a0and other countries. For more information, please visit\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=_YIsajJ1BXwR18oG2MNFHSYOxdP9OpkcpAt6H9g4kPlPeYcnDs_zvwfwsvxFkJWZCLzaxHNB--qJGfDPCfAslA-bxToik0Mv5XdeQ2CnMxY=\" rel=\"nofollow\" target=\"_blank\">www.apollomicsinc.com<\/a>.<\/p>\n<p>\n        <strong>Cautionary Statement Regarding Forward-Looking Statements<\/strong><br \/>\n        <br \/>This press release includes statements that constitute \u201cforward-looking statements\u201d within the meaning of the federal securities laws, including Section 27A of the Securities Act of 1933, as amended (the \u201cSecurities Act\u201d), and Section 21E of the Securities Exchange Act of 1934, as amended (the \u201cExchange Act\u201d). All statements, other than statements of present or historical fact included in this press release, regarding Apollomics\u2019 strategy, prospects, plans, objectives and anticipated outcomes from the development and commercialization of vebreltinib, or future proceedings with respect to the Cayman Litigation, are forward-looking statements. When used in this press release, the words \u201ccould,\u201d \u201cshould,\u201d \u201cwill,\u201d \u201cmay,\u201d \u201cbelieve,\u201d \u201canticipate,\u201d \u201cintend,\u201d \u201cestimate,\u201d \u201cexpect,\u201d \u201cseek,\u201d \u201cproject,\u201d the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on management\u2019s current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. In addition, Apollomics cautions you that the forward-looking statements contained in this press release are subject to unknown risks, uncertainties and other factors, including those risks and uncertainties discussed in the Annual Report on Form 20-F for the year ended December 31, 2024, filed by Apollomics Inc. with the U.S. Securities and Exchange Commission (\u201cSEC\u201d) under the heading \u201cRisk Factors\u201d and the other documents filed, or to be filed, by Apollomics with the SEC. Additional information concerning these and other factors that may impact the operations and projections discussed herein can be found in the reports that Apollomics has filed and will file from time to time with the SEC. Forward-looking statements speak only as of the date made by Apollomics. Apollomics undertakes no obligation to update publicly any of its forward-looking statements to reflect actual results, new information or future events, changes in assumptions or changes in other factors affecting forward-looking statements, except to the extent required by applicable law.<\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTU3OTI0OCM3MjczNTM1IzIxMjI3NjA=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/MmM0MWIzOTEtMzU2YS00YjNjLTg3OGItOGFkYWFjN2JmMThkLTExMzQzMzEtMjAyNS0xMS0xOS1lbg==\/tiny\/Apollomics-Inc-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\">\n<pre>Peter Lin\r\nPeter.lin@apollomicsinc.com <\/pre>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>FOSTER CITY, Calif., Nov. 19, 2025 (GLOBE NEWSWIRE) &#8212; Apollomics Inc. (\u201cApollomics\u201d or the \u201cCompany\u201d) (Nasdaq: APLM) announced today entering into a settlement agreement (the \u201cSettlement Agreement\u201d or the \u201cAgreement\u201d) with TWVC Goldlink Partners Investment Limited and TWVC Panglin Group Investment Limited (together, \u201cTWVC\u201d), entities represented by Triwise Capital Management Ltd, in connection with the litigation previously filed in the Grand Court of the Cayman Islands (the \u201cCayman Litigation\u201d). 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 Company\u2019s merger with Maxpro Capital Acquisition Corporation in 2023. The Settlement Agreement fully resolves all disputes between the Company and TWVC. Under the Agreement, the Company &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/apollomics-announces-settlement-of-cayman-litigation\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Apollomics Announces Settlement of Cayman Litigation&#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-911888","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Apollomics Announces Settlement of Cayman Litigation - 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\/apollomics-announces-settlement-of-cayman-litigation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Apollomics Announces Settlement of Cayman Litigation - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"FOSTER CITY, Calif., Nov. 19, 2025 (GLOBE NEWSWIRE) &#8212; Apollomics Inc. (\u201cApollomics\u201d or the \u201cCompany\u201d) (Nasdaq: APLM) announced today entering into a settlement agreement (the \u201cSettlement Agreement\u201d or the \u201cAgreement\u201d) with TWVC Goldlink Partners Investment Limited and TWVC Panglin Group Investment Limited (together, \u201cTWVC\u201d), entities represented by Triwise Capital Management Ltd, in connection with the litigation previously filed in the Grand Court of the Cayman Islands (the \u201cCayman Litigation\u201d). 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 Company\u2019s merger with Maxpro Capital Acquisition Corporation in 2023. The Settlement Agreement fully resolves all disputes between the Company and TWVC. 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(\u201cApollomics\u201d or the \u201cCompany\u201d) (Nasdaq: APLM) announced today entering into a settlement agreement (the \u201cSettlement Agreement\u201d or the \u201cAgreement\u201d) with TWVC Goldlink Partners Investment Limited and TWVC Panglin Group Investment Limited (together, \u201cTWVC\u201d), entities represented by Triwise Capital Management Ltd, in connection with the litigation previously filed in the Grand Court of the Cayman Islands (the \u201cCayman Litigation\u201d). 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 Company\u2019s merger with Maxpro Capital Acquisition Corporation in 2023. The Settlement Agreement fully resolves all disputes between the Company and TWVC. 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