Joshua Harris Amends Apollo Global Stake Filing
Ticker: APOS · Form: SC 13D/A · Filed: Sep 25, 2024 · CIK: 1858681
| Field | Detail |
|---|---|
| Company | Apollo Global Management, INC. (APOS) |
| Form Type | SC 13D/A |
| Filed Date | Sep 25, 2024 |
| Risk Level | medium |
| Pages | 7 |
| Reading Time | 8 min |
| Key Dollar Amounts | $0.00001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: filing-amendment, shareholder-activity, sec-filing
Related Tickers: APO
TL;DR
Joshua Harris updated his Apollo Global stake filing on 9/25, event date 9/23. Still a major player.
AI Summary
Joshua Harris, through MJH Partners II LLC and MJH Partners III LLC, has amended his Schedule 13D filing for Apollo Global Management, Inc. on September 25, 2024. The filing indicates a change in the date of the event requiring this statement to September 23, 2024. Harris is a significant holder of Apollo Global Management's common stock.
Why It Matters
This amendment to a Schedule 13D filing signals a potential shift or update in the holdings of a major investor in Apollo Global Management, which could influence market perception and stock movement.
Risk Assessment
Risk Level: medium — Schedule 13D filings often precede significant corporate actions or changes in control, introducing potential volatility.
Key Numbers
- 20240925 — Filing Date (Date the amendment was filed with the SEC)
- 20240923 — Event Date (Date of the event requiring the filing)
Key Players & Entities
- Joshua Harris (person) — Filing person and significant shareholder
- Apollo Global Management, Inc. (company) — Subject company
- MJH PARTNERS II LLC (company) — Group member filing on behalf of Joshua Harris
- MJH PARTNERS III LLC (company) — Group member filing on behalf of Joshua Harris
FAQ
What specific changes are detailed in Amendment No. 20 to the Schedule 13D filing?
The filing primarily updates the date of the event requiring the statement to September 23, 2024, and lists MJH Partners II LLC and MJH Partners III LLC as group members.
Who is Joshua Harris in relation to Apollo Global Management, Inc.?
Joshua Harris is identified as the filing person, a significant shareholder, and his address is provided for receiving notices.
What is the CUSIP number for Apollo Global Management, Inc. common stock?
The CUSIP number for Apollo Global Management, Inc. common stock is 03769M 106.
What is the business address of Apollo Global Management, Inc.?
The business address is 9 West 57th Street, 42nd Floor, New York, NY 10019.
What was the former name of Apollo Global Management, Inc.?
The former name of Apollo Global Management, Inc. was Tango Holdings, Inc., with a name change date of April 22, 2021.
Filing Stats: 2,046 words · 8 min read · ~7 pages · Grade level 16 · Accepted 2024-09-25 17:07:40
Key Financial Figures
- $0.00001 — me of Issuer) Common stock, par value $0.00001 per share (CUSIP Number) 03769M 106
Filing Documents
- dp218360_sc13da-20.htm (SC 13D/A) — 63KB
- 0000950103-24-013941.txt ( ) — 64KB
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 500,000 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 September 23, 2024, MJH Partners II LLC contributed and transferred 500,000 shares of Common Stock to MJH Partners III LLC. On September 23, 2024, MJH Partners III LLC (the “ Counterparty ”), entered into a Delayed Draw Variable Share Forward Sale Transaction with Wells Fargo Bank, National Association (the “ Bank ”) pursuant to a Master Confirmation entered into between the Counterparty and the Bank, dated September 19, 2023 (the “ Forward Contract ”). The Forward Contract obligates the Counterparty to deliver to the Bank, on specified dates in December of 2029 and January of 2030 (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 500,000 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 CUSIP No. 03769M 106 Page 6 of 7 SCHEDULE 13D 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 Count
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: September 25, 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