Apeiron Acquisition Vehicle I, a blank check company targeting cross-border and international operations, announced terms for its IPO on Wednesday.
The New York, NY-based company plans to raise $70 million by offering 7 million units at a price of $10. Each unit contains one share of common stock and one-half of one warrant exercisable at $11.50.
Apeiron Acquisition Vehicle I is led by CEO and CFO Lorin Van Nuland, who currently serves as the Senior Partner of Apeiron, and previously was the Head of Proprietary Investments at Apeiron. Prior to that, he served as the CEO and co-founder of 029 Group SE (XETRA: Z29) from 2022 to 2024.
The SPAC intends to target international operations and non-U.S. market leaders with strong appeal to U.S.-based investors. It states that its management team is well-suited to identify emerging category leaders in both European and international markets more broadly, and that many promising European champions are currently undervalued and undercapitalized.
Apeiron Acquisition Vehicle I was founded in 2025 and plans to list on the Nasdaq under the symbol APNU. Berenberg is the sole bookrunner on the deal.
