TORONTO, Nov. 20, 2024 (GLOBE NEWSWIRE) — Apolo IV Acquisition Corp. (TSXV: AIV.P) (“Apolo”) and Marviken Ontario Inc. (“Marviken”) in cooperation with BotOptions (UK) PLC, a financial institution specialising in the issuing of debt instruments, are pleased to announce that, further to its news release dated October 22, 2024, it has entered into a definitive merger agreement dated November 19, 2024 (the “Merger Agreement”) with Marviken, Marviken ONE AB (“Marviken Sweden”) and Apolo IV Amalco Inc. (“Apolo Subco”), a wholly-owned subsidiary of Apolo, in connection with the proposed business combination of Apolo Subco and Marviken, which transaction (the “Proposed Transaction”) is intended to constitute Apolo’s “Qualifying Transaction” (within the meaning of Policy 2.4 – Capital Pool Companies of the TSX Venture Exchange (the “Exchange”)).

Source: Apolo IV Acquisition Corp. and Marviken Ontario Inc. enter into Merger Agreement