Joshua Harris Amends Apollo Global Management Stake Filing

Ticker: APOS · Form: SC 13D/A · Filed: Apr 11, 2024 · CIK: 1858681

Apollo Global Management, INC. SC 13D/A Filing Summary
FieldDetail
CompanyApollo Global Management, INC. (APOS)
Form TypeSC 13D/A
Filed DateApr 11, 2024
Risk Levellow
Pages7
Reading Time8 min
Key Dollar Amounts$0.00001
Sentimentneutral

Sentiment: neutral

Topics: ownership-filing, amendment, sec-filing

Related Tickers: APO

TL;DR

Joshua Harris filed an update on his Apollo Global stake. Nothing major changed, just paperwork.

AI Summary

Joshua Harris, through MJH Partners II LLC and MJH Partners III LLC, has filed an amendment (Amendment No. 15) to their Schedule 13D for Apollo Global Management, Inc. The filing, dated April 11, 2024, indicates a change in the reporting of beneficial ownership. Harris's mailing address is listed as 404 Washington Ave, PH 810, Miami, FL 33139.

Why It Matters

This amendment updates the beneficial ownership information for a significant stakeholder in Apollo Global Management, Inc., which could signal changes in strategy or holdings.

Risk Assessment

Risk Level: low — This filing is an amendment to an existing Schedule 13D and does not appear to report a new acquisition or significant change in beneficial ownership, suggesting a routine update.

Key Players & Entities

FAQ

What is the purpose of this SC 13D/A filing?

This filing is an amendment (Amendment No. 15) to a Schedule 13D, used to report changes in beneficial ownership of a public company's securities.

Who is the primary individual associated with this filing?

Joshua Harris is the primary individual associated with this filing, acting through MJH Partners II LLC and MJH Partners III LLC.

What is the subject company of this filing?

The subject company is Apollo Global Management, Inc.

When was the event requiring this filing amendment?

The date of the event which requires filing of this statement is April 9, 2024.

What is Joshua Harris's mailing address as provided in the filing?

Joshua Harris's mailing address is listed as 404 Washington Avenue, PH 810, Miami Beach, FL 33139.

Filing Stats: 2,044 words · 8 min read · ~7 pages · Grade level 15.1 · Accepted 2024-04-11 16:36:40

Key Financial Figures

Filing Documents

Source and Amount of Funds or Other

Item 3. Source and Amount of Funds or Other Consideration.

of the Schedule 13D is amended by adding the following sentence

Item 3 of the Schedule 13D is amended by adding the following sentence immediately after the last paragraph of such item: No funds or consideration was paid for the transfer by MJH Partners II LLC of 1,000,000 shares of Common Stock to MJH Partners III LLC.

Purpose of Transaction

Item 4. Purpose of Transaction.

of the Schedule 13D is amended by adding the following paragraphs

Item 4 of the Schedule 13D is amended by adding the following paragraphs immediately prior to the penultimate paragraph of such item: On April 9, 2024, MJH Partners II LLC contributed and transferred 1,000,000 shares of Common Stock to MJH Partners III LLC. On April 9, 2024, MJH Partners III LLC (the “ Counterparty ”), entered into a Delayed Draw Variable Share Forward Sale Transaction with Bank of America, N.A. (the “ Bank ”) pursuant to a Master Confirmation entered into between the Counterparty and the Bank, dated November 28, 2023 (the “ Forward Contract ”). The Forward Contract obligates the Counterparty to deliver to the Bank, on specified dates in August and September of 2029 (each, a “ Settlement Date ”), at the Counterparty’s option, up to an aggregate number of shares of the Issuer’s Common Stock equal to the number of shares of Common Stock pledged by the Counterparty or, subject to certain conditions, an equivalent amount of cash. The Forward Contract obligates the Counterparty to deliver to the Bank up to an aggregate number of shares of the Issuer’s Common Stock equal to the number of shares of Common Stock pledged by the Counterparty or, subject to certain conditions and at the Counterparty’s option, an equivalent amount of cash. The Counterparty pledged an aggregate of 1,000,000 shares of the Issuer’s Common Stock (the “ Pledged Shares ”) to secure its obligations under the Forward Contract. The Counterparty retains ownership and voting and ordinary dividend rights in the Pledged Shares during the term of the pledge (and thereafter if the Counterparty settles the Forward Contract in cash), subject to certain payments the Counterparty may need to make to the Bank with respect to dividends under the terms of the Forward Contract. Under the terms of the Forward Contract, the Counterparty may, at its election, subject to CUSIP No. 03769M 106 Page 6 of 7 SCHEDU

Material to be Filed as Exhibits

Item 7. Material to be Filed as Exhibits. Exhibit 3: Form of Delayed Draw Variable Share Forward Sale Contract* * Previously filed. SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: April 11, 2024 /s/ Joshua Harris Joshua Harris MJH PARTNERS II LLC By: /s/ Joshua Harris Name: Joshua Harris Title: President MJH PARTNERS III LLC By: /s/ Joshua Harris Name: Joshua Harris Title: President

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