Terrace Global Inc. (“Terrace Global” or the “Corporation”), formerly Apolo II Acquisition Corp. (“Apolo”), announced the completion of its qualifying transaction (the “Qualifying Transaction”). The board of directors of Terrace Global consists of five new directors comprised of the following persons: Stephen Arbib, Michael Galego, Vincent Gasparro, Francisco Ortiz von Bismarck and Dennis Mills.

In addition, Francisco Ortiz von Bismarck will serve as Chief Executive Officer of Terrace Global.