Apollomics, Inc. announced that it has entered into subscription agreement with certain accredited investors to issue 19,166,666 Class A ordinary shares at an issue price of $0.30, representing aggregate gross proceeds of $5,749,999.8 on May 6, 2024. The transaction will include participation from both new and existing investors. The securities to be issued and sold to the Purchasers under the PIPE Subscription Agreements will not be registered under the Securities Act of 1933, as amended (the ?Securities Act?) in reliance on the exemption from registration provided by Section 4(a)(2) of the Securities Act and/or Rule 506 of Regulation D promulgated thereunder, or under any state securities laws.

Robert (Bob) Lin joined the company as board of directors. The PIPE financing is expected to close on May 8, 2024, subject to satisfaction of customary closing conditions.