Apollomics Inc. CEO Hung-Wen Chen Increases Stake to 49.76% via PIPE and Note Conversion

On August 14, 2026, Hung-Wen (Howard) Chen, the Chairman and CEO of Apollomics Inc. (APLM), significantly increased his beneficial ownership in the company through a PIPE transaction and a note conversion. Mr. Chen, both directly and via his wholly-owned investment vehicle King Regent Management Limited, acquired an aggregate of 370,000 Class A Ordinary Shares for a total cash consideration of approximately $5.55 million. Additionally, a $12.00 per share conversion of a promissory note resulted in the issuance of 166,667 Class A Ordinary Shares. The reporting person also acquired shares through the vesting of restricted stock units. Following these transactions, Mr. Chen beneficially owns 1,453,029 shares, representing approximately 49.76% of the outstanding Class A Ordinary Shares, up from a previous ownership level of 41.8%. The cash for the private placement was sourced from personal funds and working capital. Mr. Chen maintains sole voting power over his direct holdings and shares voting power over the shares held by King Regent.