share_log

Reported Late Wednesday March 08, GIO World Health Announces Plans To Go Public Via Business Combination With Apeiron Capital Investment; Will Be Listed On Either The NYSE Or NASDAQ, And Will Be Renamed "Gio World Health Holdings, Inc."

Benzinga ·  Mar 9, 2023 13:50
  • GIO World Health Ltd ("GIO World Health") has entered into a business combination agreement with Apeiron Capital Investment Corp (APNC).
  • The post-closing combined public company, which will be named GIO World Health Holdings, Inc., values GIO World Health in the proposed transaction at a pre-money enterprise value of $250 million.
  • Current GIO World Health shareholders will retain 100% of their equity in the post-closing combined public company and will continue to own approximately 80.83% of the post-closing combined public company on a pro forma basis, assuming no redemptions by Apeiron Capital's public shareholders, and that all GIO World...
Login or create a forever free account to read this news
Sign up/Log in
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment