SPAC Apeiron scraps merger with Gio World Health, will dissolve on Aug. 14 (APNC)

SPAC Apeiron Capital Investment Corp. (OTCPK:APNC) has terminated its planned merger with cell-based products maker Gio World Health and will instead liquidate on Aug. 14.

Apeiron disclosed the termination in an SEC filing on Friday. Due to its inability to consummate an initial business combination, Aperion’s board has voted to dissolve the SPAC. Shares of the SPAC will be canceled at the close of business on Aug. 14, it added.