Press release
SINOVAC Board of Directors Files Investor Presentation Outlining Decisive Actions to Protect Shareholder Interests
Highlights bold steps to restore fairness to SINOVAC’s common shareholders and deliver long-term value creation Urges shareholders to VOTE the WHITE proxy
About this update from Sinovac Biotech, Ltd.
[{"type":"text","content":"\nHighlights bold steps to restore fairness to SINOVAC’s common shareholders and deliver long-term value creation\n\n\nUrges shareholders to VOTE the WHITE proxy card “AGAINST” the misguided proposals to remove SINOVAC’s Board and appoint the Reconstituted Imposter Former Board Slate\n\n\nLaunches dedicated website: www.VoteSinovac.com\n\n\n BEIJING--(BUSINESS WIRE)--\nThe Board of Directors of SINOVAC Biotech Ltd. (NASDAQ: SVA) (“SINOVAC” or the “Company”), a leading provider of biopharmaceutical products in China, today announced it has filed an investor presentation with the U.S. Securities and Exchange Commission (SEC) as a Form 6-K and launched a website, www.VoteSinovac.com, with important information and resources in connection with the upcoming Special Meeting of Shareholders (the “Special Meeting”) to be held on Wednesday, July 9, 2025 at 8:00 a.m. China Standard Time (Tuesday, July 8, 2025 at 8:00 p.m. Atlantic Standard Time).\n\n\nThe presentation outlines the decisive actions taken by the current SINOVAC Board to restore fairness and deliver value to all SINOVAC shareholders, end years of governance failures committed by the Imposter Former Board, and set the Company on a path of renewed growth and accountability, while countering the false and destructive claims made by Advantech/Prime Success (“Advantech/Prime”) and Vivo Capital (together known as the “Dissenting Investor Group”), whose self-serving actions have repeatedly undermined SINOVAC common shareholders’ interests.\n\n\nKey elements of the presentation include:\n\n\n\nThe SINOVAC Board’s demonstrated commitment to return up to US$138.73 per common share1 in dividends to common shareholders since it was installed by the Privy Council ruling, and in accordance with Antiguan law, just four short months ago, compared to the Imposter Former Board’s failure to declare any dividends to common shareholders during its seven-year tenure.\n\n\n\n\nThe SINOVAC Board’s steadfast efforts to protect the rights of all SINOVAC common shareholders by countering frivolous lawsuits filed by the Dissenting Investor Group and ensuring that valid shareholders receive their fair share of distributions.\n\n\n\n\nThe SINOVAC Board’s strategic realignment for shareholder value creation to unwind years of self-dealing, regain compliance with NASDAQ listing standards and resume trading...