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Apolo IV Acquisition Corp. Announces Termination of Agreement with Marviken Ontario Inc.
TORONTO, Sept. 22, 2025 (GLOBE NEWSWIRE) -- Apolo IV Acquisition Corp. (TSXV: AIV.P) (“ ...
About this update from Apolo Iv Acquisition Corp.
[{"type":"text","content":"Apolo IV Acquisition Corp. Announces Termination of Agreement with Marviken Ontario Inc.\n\n\n\n TORONTO, Sept. 22, 2025 (GLOBE NEWSWIRE) -- Apolo IV Acquisition Corp. (TSXV: AIV.P) (“\n \n Apolo\n \n ”) announces that is has entered into a termination agreement (the “\n \n Termination Agreement\n \n ”) with Marviken Ontario Inc. (“\n \n Marviken\n \n ”), effective July 11, 2025, in respect of the proposed “Qualifying Transaction” (as such term is defined in Policy 2.4 of the TSX Venture Exchange Corporate Finance Manual) as previously announced on October 22, 2024 and November 20, 2024, respectively. In connection with the Termination Agreement, Apolo confirms that the total amount of $33,000 that was previously advanced by Apolo to Marviken, prior to TSX Venture Exchange (the “\n \n TSXV\n \n ”) acceptance, has been repaid in full and Marviken has also paid a termination fee in the amount of $300,000 to Apolo. As a result, there are no residual liabilities or guarantees to Apolo in connection with the previously proposed Qualifying Transaction.\n \n\n Trading in the common shares of Apolo (the “\n \n Apolo Shares\n \n ”) on the TSXV is expected to recommence, subject to the acceptance of the TSXV.\n \n\n This news release does not constitute an offer of securities for sale in the United States. The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and such securities may not be offered or sold within the United States absent U.S. registration or an applicable exemption from U.S. registration requirements.\n \n\n\n\n Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.\n \n\n\n\n\n\n Cautionary Note Regarding Forward-Looking Information\n \n\n\n\n\n This news release contains statements which constitute \"forward-looking information\" within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of Apolo with respect to future business activities and operating performance. Forward-looking information is often identified by the words \"m...