Apollo Global Management Updates Shareholder Nomination Rules
Ticker: APOS · Form: 8-K · Filed: Feb 1, 2024 · CIK: 1858681
| Field | Detail |
|---|---|
| Company | Apollo Global Management, INC. (APOS) |
| Form Type | 8-K |
| Filed Date | Feb 1, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 4 min |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: corporate-governance, shareholder-rights, regulatory-filing
TL;DR
**Apollo filed an 8-K on Feb 1, 2024, updating shareholder nomination rules, a routine governance update.**
AI Summary
Apollo Global Management, Inc. filed an 8-K on February 1, 2024, to update its shareholder nomination process under Exchange Act Rule 14a-11 and report other events. This filing indicates a routine update to corporate governance, specifically regarding how shareholders can nominate directors. For investors, this matters because it reflects standard compliance and transparency, ensuring shareholders understand their rights in the nomination process, which can impact board composition and company direction.
Why It Matters
This filing clarifies the process for shareholders to nominate directors, which is a key aspect of corporate governance and shareholder rights. It ensures transparency in how the company's leadership can be influenced by its owners.
Risk Assessment
Risk Level: low — This filing is a routine corporate governance update and does not indicate any immediate financial or operational risks.
Analyst Insight
A smart investor would view this as a standard compliance filing, indicating no immediate need for action but reinforcing the company's adherence to regulatory requirements. It's a good reminder to stay informed on corporate governance practices.
Key Players & Entities
- Apollo Global Management, Inc. (company) — the registrant filing the 8-K
- February 1, 2024 (date) — date of earliest event reported and filing date
- Exchange Act Rule 14a-11 (other) — the rule governing shareholder nominations
FAQ
What is the primary purpose of Apollo Global Management, Inc.'s 8-K filing on February 1, 2024?
The primary purpose of the 8-K filing by Apollo Global Management, Inc. on February 1, 2024, is to report on 'Shareholder Nominations Pursuant to Exchange Act Rule 14a-11' and 'Other Events', indicating updates related to corporate governance and shareholder rights.
What specific SEC rule is referenced in the filing regarding shareholder nominations?
The filing specifically references 'Exchange Act Rule 14a-11' concerning shareholder nominations.
What is the registrant's business address as stated in the filing?
The registrant's business address is 9 West 57th Street, 42nd Floor, New York, New York 10019.
What is the Commission File Number for Apollo Global Management, Inc.?
The Commission File Number for Apollo Global Management, Inc. is 001-41197.
What was the former name of Apollo Global Management, Inc. and when did the name change occur?
The former name of Apollo Global Management, Inc. was Tango Holdings, Inc., and the date of the name change was 20210422 (April 22, 2021).
Filing Stats: 886 words · 4 min read · ~3 pages · Grade level 12.5 · Accepted 2024-02-01 16:39:30
Filing Documents
- eh240444471_8k.htm (8-K) — 29KB
- 0000950142-24-000265.txt ( ) — 247KB
- apo-20240201.xsd (EX-101.SCH) — 4KB
- apo-20240201_def.xml (EX-101.DEF) — 26KB
- apo-20240201_lab.xml (EX-101.LAB) — 37KB
- apo-20240201_pre.xml (EX-101.PRE) — 25KB
- eh240444471_8k_htm.xml (XML) — 7KB
08 Shareholder Nominations
Item 5.08 Shareholder Nominations. To the extent applicable, the information in
01 of this Current Report on Form 8-K is incorporated by reference into this Item 5.08
Item 8.01 of this Current Report on Form 8-K is incorporated by reference into this Item 5.08.
01 Other Events
Item 8.01 Other Events. The board of directors (the "Board") of Apollo Global Management, Inc. (the "Company") has determined that the Company's 2024 annual meeting of stockholders (the "2024 Annual Meeting") will be held on June 24, 2024. The record date for determining the Company's stockholders entitled to receive notice of, and to vote at, the 2024 Annual Meeting will be the close of business on April 25, 2024. All other relevant information concerning the 2024 Annual Meeting will be included in the Company's proxy materials to be distributed in connection with the 2024 Annual Meeting (the "proxy materials), which will be filed with the U.S. Securities and Exchange Commission and made available to the Company's stockholders at a later date. In accordance with Rule 14a-8 under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), in order to be considered for inclusion in the proxy materials, stockholder proposals must be received at the Company's principal executive offices no later than the close of business on February 29, 2024. The Company's Amended and Restated Bylaws (the "bylaws") also contain a "proxy access" provision that permits a stockholder or group of up to 20 stockholders owning 3% or more of the Company's outstanding shares of common stock continuously for at least three years to nominate and include in the proxy materials director nominees up to the greater of two or 20% of the number of directors on the Board (subject to certain adjustments and other conditions), provided the stockholder(s) and the nominee(s) satisfy the requirements specified in the bylaws. To be timely, a notice of proxy access nomination must be delivered to the Secretary of the Company no earlier than February 25, 2024 and no later than the close of business on March 26, 2024. In addition, for any proposal or director nomination that is not submitted for inclusion in the proxy materials pursuant to the process set forth above, but is instead sought to b
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: February 1, 2024 APOLLO GLOBAL MANAGEMENT, INC. By: /s/ Jessica L. Lomm Name: Jessica L. Lomm Title: Vice President and Secretary