I am running a react-native app on my local Mac OS X El Capitan machine. I have installed the required dependencies, but the app is still not launching in iOS simulator.
Run react-native upgrade and overwrite all iOS files. That did it for me.
react-native upgrade
The issue for me was a space in build/info.plist's directory path. Removing a space in a parent folder's name solved it.
build/info.plist