Financial services SPAC Apeiron Capital Investment prices $150 million IPO

Apeiron Capital Investment, a blank check targeting financial technology, media, gaming, and financial services, raised $150 million by offering 15 million units at $10. Each unit consists of one share of common stock and one-half of a warrant, exercisable at $11.50.

Apeiron Capital Investment is led by CEO and Chairman Joel Shulman, the founder, Managing Director, and CIO of global asset manager ERShares, and CFO Grant Grigorian, the former CFO of National Automotive Experts/NWAN and former long-time Ford executive. The company is targeting businesses in financial technology, media, gaming, financial services, wealth advisory, and asset management with enterprise values between $500 million and $1.5 billion.

Apeiron Capital Investment plans to list on the NYSE under the symbol APN.U. Cantor Fitzgerald acted as sole bookrunner on the deal.