Withdrawal of 27.08 Billion Won Payment Order Application Eliminates Potential Liability
- The payment order application for 27.08 billion won against the company (Gemvax&Kael) was withdrawn by the creditor (Biovill), concluding the case.
- The claim amount (27.08 billion won) represented about 37.5% of equity (72.13 billion won), but the litigation risk is now fully eliminated.
- The case concluded with withdrawal approximately 6 months after filing (2025-10-14), removing financial burden.
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KOSDAQ Filing Information
- Filing: Judgment/Decision on Lawsuits, etc. (Claims of a Certain Amount or More)
- Company: GemVax & KAEL (082270)
- Submission: GemVax & KAEL Co.,Ltd.
- Receipt: 05-07-2026
- Under KRX KOSDAQ Market Division