Apollomics Settles Cayman Litigation with Minority Shareholders for $5 Million
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Apollomics Inc. has settled a legal dispute with minority shareholders TWVC Goldlink Partners and TWVC Panglin Group for $5 million, plus $879,758 in legal fees. The case, filed in the Cayman Islands, involved the redemption of preferred shares before Apollomics' merger with Maxpro Capital. The settlement, pending court approval, resolves claims initially seeking $40 million in damages.
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