GemVax & KAEL Says Top Shareholder Extends Share Pledge to Dec. 15
Bitget2026/11/02 07:56- GemVax & KAEL issued a correction Nov. 2, 2026, extending its largest shareholder’s share-backed borrowing agreement to Dec. 15 from Oct. 31.
- The renewed agreement covers 300,000 shares pledged by Gem & Company, with collateral set at KRW 5 billion.
- Total pledged shares stand at 5,429,489 across 11 contracts, securing borrowings of KRW 44.77 billion.
- Full enforcement would reduce Gem & Company’s stake to 0.01% from 11.95%, potentially changing the largest shareholder.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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