Acquisition of 35.85% Stake in BioVille for 12.4 Billion Won via Litigation Settlement


  • Decision to acquire 5,509,953 shares (35.85%) of BioVille for 12.4 billion won as a result of litigation settlement
  • Payment in cash (3.5 billion won from escrow) and 15th convertible bonds (8.9 billion won)
  • BioVille had zero revenue and a net loss of 1.268 billion won in 2025
  • After acquisition, Korea Stem Cell Bank's stake in BioVille increases to 35.85%

KOSDAQ Filing Information


  • Decision on Acquisition of Stocks and Investment Securities of Other Corporations
  • Company: GemVax & KAEL (082270)
  • Submission: GemVax & KAEL Co.,Ltd.
  • Under KRX KOSDAQ Market Division

  • Shares: 44,269,203
  • Price: 25,350 KRW
  • Market Cap: 1,122.2 B KRW