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GemVax & KAEL Revises Shareholder’s Secured Borrowings to KRW 44.67 Billion

PUBT·11/12/2026 09:24:07
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GemVax & KAEL Revises Shareholder’s Secured Borrowings to KRW 44.67 Billion
  • GemVax & KAEL corrected total borrowings to KRW 44.67 billion from KRW 44.77 billion on Nov. 12, 2026, reflecting partial repayment.
  • The Hana Savings Bank share-collateral contract was extended to Feb. 12, 2027, from Nov. 12, 2026.
  • Full enforcement of pledged shares would reduce largest shareholder Gem & Company's stake to 0.01% from 11.95%.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. GemVax & KAEL Co. Ltd. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20261112900788), on November 12, 2026, and is solely responsible for the information contained therein.