Apollo Management Holdings GP, LLC Files SC 13D/A Amendment

TL;DR

Apollo Management Holdings GP, LLC updated their 13D filing for TD SYNNEX CORP on 4/4/24.

AI Summary

Apollo Management Holdings GP, LLC, along with its affiliates, has filed an SC 13D/A amendment on April 4, 2024, related to their holdings in TD SYNNEX CORP. The filing indicates a change in the group members and their reporting obligations concerning the subject company.

Why It Matters

This filing signals a potential shift in significant ownership or control dynamics for TD SYNNEX CORP, which could impact its stock price and strategic direction.

Risk Assessment

Risk Level: medium — Changes in significant beneficial ownership filings can indicate potential activist investor activity or strategic shifts by large shareholders.

Key Players & Entities

• Apollo Management Holdings GP, LLC (company) — Filer of the SC 13D/A amendment
• TD SYNNEX CORP (company) — Subject company of the filing
• 44201 NOBEL DRIVE, FREMONT, CA 94538 (address) — Business and mailing address for TD SYNNEX CORP
• 9 W. 57TH STREET, 43RD FLOOR, NEW YORK, NY 10019 (address) — Business and mailing address for Apollo Management Holdings GP, LLC

FAQ

Key Financial Figures

• $0.001 — me of Issuer) Common stock, par value $0.001 per share (Tit le of Class of Securiti
• $108.60 — f 12,075,000 shares of Common Stock for $108.60 per share in an underwritten secondary

Filing Documents

• tm2410751d1_sc13da.htm (SC 13D/A) — 176KB
• 0001104659-24-043797.txt ( ) — 178KB

Interest in Securities of the Issuer

Item 5. Interest in Securities of the Issuer

of the Schedule 13D is hereby amended

Item 5 of the Schedule 13D is hereby amended and restated as follows: (a) & (b) Information in Rows 7 to 13 of the respective cover pages of the individual Reporting Persons are incorporated into this Item 5 by reference. The aggregate beneficial ownership of the Common Stock by the Reporting Persons is as follows: Sole Voting Power 0 Shared Voting Power 5,309,299 Sole Dispositive Power 0 Shared Dispositive Power 5,309,299 The Reporting Persons’ aggregate percentage beneficial ownership of the total amount of Common Stock outstanding is 6.1%, based on a total of 87,649,786 shares of Common Stock as of February 29, 2024 as disclosed in the Issuer’s prospectus supplement filed with the SEC on March 29, 2024. Each of the entities listed above, other than AP IX Tiger, Tiger Co-Invest II and Tiger Co-Invest ML (collectively, the “Record Holders”), disclaims beneficial ownership of any shares of the Common Stock owned of record by the Record Holders, except to the extent of any pecuniary interest therein, and the filing of this Schedule 13D shall not be construed as an admission that any such person or entity is the beneficial owner of any such securities for purposes of Section 13(d) or 13(g) of the Securities Exchange Act of 1934, as amended, or for any other purpose. (c) The Reporting Persons effected the following transaction of the Common Stock since the filing of Amendment No. 7 to the Original Schedule 13D: on April 2, 2024, the Reporting Persons set forth below sold an aggregate of 12,075,000 shares of Common Stock for $108.60 per share in an underwritten secondary public offering of the Common Stock: AP IX Tiger 7,554,120 shares Tiger Co-Invest II 1,663,131 shares Tiger Co-Invest ML 2,857,749 shares (d) & (e) Not applicable. 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 4, 2024

View Full Filing

View this SC 13D/A filing on SEC EDGAR