• GemVax & KAEL completed its property acquisition from FromAI on October 30, 2026, following final payment.
• The land and buildings in Seocho-dong, Seoul, cost KRW 30.17 billion under an agreement signed August 12.
• Final settlement comprised KRW 17.5 billion in property-backed loan refinancing and KRW 171,491,599 in cash.

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: 20261030000532), on October 30, 2026, and is solely responsible for the information contained therein.