Client Work

Apolo IV Acquisition Corp. and Marviken Ontario Inc. Reverse Take-Over

October 31, 2024
Authors
Marshall EidingerPartner
Geoffrey (Geoff) DavisAssociate
Jonathan BergAssociate

Apolo IV Acquisition Corp. and Marviken Ontario Inc. in cooperation with BotOptions (UK) PLC, a financial institution specialising in the issuing of debt instruments, have announced that they have entered into a binding letter of intent dated October 22, 2024, which outlines the terms and conditions pursuant to which Apolo and Marviken will complete a transaction that will result in a reverse take-over of Apolo by Marviken.

Marviken is the owner of a 600 acre energy cluster site that is strategically located south of Stockholm, Sweden.

In connection with the Proposed Transaction, Marviken intends to complete a best efforts private placement of subscription receipts with a syndicate of agents led by Haywood Securities Inc.

Bennett Jones is acting as legal counsel to Haywood Securities Inc.

The Bennett Jones team is led by Marshall Eidinger and includes Geoffrey Davis and Jonathan Berg (Securities and M&A).

Read the transaction press release.

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For informational purposes only

This publication provides an overview of legal trends and updates for informational purposes only. For personalized legal advice, please contact the authors.

Authors

Marshall Eidinger, Partner
Toronto  •   416.777.5389  •   eidingerm@bennettjones.com
Geoffrey (Geoff) Davis, Associate
Toronto  •   416.777.7823  •   davisg@bennettjones.com
Jonathan Berg, Associate
Toronto  •   416.777.7862  •   bergj@bennettjones.com