Joshua Harris Amends Apollo Global Management Stake Filing

TL;DR

Joshua Harris updated his Apollo Global stake filing. Watch for any shifts.

AI Summary

Joshua Harris, through MJH Partners II LLC and MJH Partners III LLC, has amended their Schedule 13D filing for Apollo Global Management, Inc. as of June 24, 2024. The filing indicates a change in the reporting person's holdings or intentions regarding the company's common stock.

Why It Matters

This amendment to a Schedule 13D filing by a significant holder like Joshua Harris can signal changes in their investment strategy or influence, potentially impacting the stock price and market perception of Apollo Global Management.

Risk Assessment

Risk Level: medium — Amendments to 13D filings by significant holders can indicate shifts in strategy or potential future actions, which carry inherent investment risk.

Key Players & Entities

• Joshua Harris (person) — Reporting Person
• Apollo Global Management, Inc. (company) — Subject Company
• MJH PARTNERS II LLC (company) — Group Member
• MJH PARTNERS III LLC (company) — Group Member

FAQ

Key Financial Figures

• $0.00001 — ame of Issuer) Common stock, par value $0.00001 per share (CUSIP Number) 03769M 106

Filing Documents

• dp213200_sc13da-17.htm (SC 13D/A) — 65KB
• 0000950103-24-008708.txt ( ) — 67KB

Source

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

of the Schedule 13D is amended

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

Item 4. Purpose of Transaction.

of the Schedule 13D is amended

Item 4 of the Schedule 13D is amended by adding the following paragraphs immediately prior to the penultimate paragraph of such item: On June 20, 2024, MJH Partners II LLC contributed and transferred 1,000,000 shares of Common Stock to MJH Partners III LLC. On June 20, 2024, MJH Partners III LLC (the “ Counterparty ”), entered into a Delayed Draw Variable Share Forward Sale Transaction with JPMorgan Chase Bank, National Association (the “ Bank ”) pursuant to a Master Confirmation entered into between the Counterparty and the Bank, dated May 31, 2023 (the “ Forward Contract ”). The Forward Contract obligates the Counterparty to deliver to the Bank, on specified dates in October and November 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. CUSIP No. 03769M 106 Page 6 of 7 SCHEDULE 13D Under the terms of the Forward Contract, the Counterparty may,

Material

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: June 24, 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

View Full Filing

View this SC 13D/A filing on SEC EDGAR