Joshua Harris Amends Apollo Global Management Stake Filing

TL;DR

Harris updated his Apollo stake filing again. 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 October 16, 2024. This amendment, the 22nd, indicates a change in the filing as of October 14, 2024. Harris is a significant holder of Apollo Global Management's common stock.

Why It Matters

Amendments to Schedule 13D filings signal potential shifts in significant shareholder positions, which can influence stock price and corporate strategy.

Risk Assessment

Risk Level: medium — Schedule 13D filings often precede significant corporate actions or changes in control, introducing potential volatility.

Key Numbers

• 22 — Amendment Number (Indicates this is the 22nd update to the filing.)
• 20241016 — Filing Date (Date the amendment was officially filed with the SEC.)
• 20241014 — Date of Change (The date as of which the information in the filing is considered current.)

Key Players & Entities

• Joshua Harris (person) — Filing person and significant shareholder
• Apollo Global Management, Inc. (company) — Subject company
• MJH PARTNERS II LLC (company) — Filing entity
• MJH PARTNERS III LLC (company) — Filing entity

FAQ

Key Financial Figures

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

Filing Documents

• dp219401_sc13da-22.htm (SC 13D/A) — 60KB
• 0000950103-24-015010.txt ( ) — 61KB

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 October 14, 2024, MJH Partners II LLC contributed and transferred 500,000 shares of Common Stock to MJH Partners III LLC. On October 14, 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 February and March 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 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, at it

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: October 16, 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