Apollo Management Amends TD SYNNEX Corp. Stake Filing

TL;DR

Apollo Management updated their TD SYNNEX stake filing. Watch for potential moves.

AI Summary

On April 11, 2024, Apollo Management Holdings GP, LLC and its affiliates filed an SC 13D/A amendment regarding their holdings in TD SYNNEX CORP. The filing indicates a change in their beneficial ownership, though specific new dollar amounts or exact percentage changes are not detailed in this excerpt. The filing is an amendment to a previous filing, suggesting ongoing activity or adjustments to their investment strategy in TD SYNNEX CORP.

Why It Matters

This filing signals potential shifts in significant shareholder positions, which could influence TD SYNNEX CORP's stock performance and strategic direction.

Risk Assessment

Risk Level: medium — Amendments to 13D filings often precede significant trading activity or strategic changes by large shareholders, introducing uncertainty.

Key Players & Entities

• Apollo Management Holdings GP, LLC (company) — Filing entity
• TD SYNNEX CORP (company) — Subject company
• 44201 NOBEL DRIVE, FREMONT, CA 94538 (location) — TD SYNNEX CORP business address
• 9 W. 57TH STREET, 43RD FLOOR, NEW YORK, NY 10019 (location) — Apollo Management Holdings GP, LLC business address

FAQ

Key Financial Figures

• $0.001 — ame of Issuer) Common stock, par value $0.001 per share (Title of Class of Securitie
• $114.20 — of 5,309,299 shares of Common Stock for $114.20 per share in an underwritten secondary

Filing Documents

• tm2411581d1_sc13da.htm (SC 13D/A) — 145KB
• 0001104659-24-046443.txt ( ) — 147KB

Interest

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 0 Sole Dispositive Power 0 Shared Dispositive Power 0 The Reporting Persons’ aggregate percentage beneficial ownership of the total amount of Common Stock outstanding is 0.0%, based on a total of 87,149,786 shares of Common Stock as of April 2, 2024 as disclosed in the Issuer’s prospectus supplement filed with the SEC on April 8, 2024. (c) The Reporting Persons effected the following transaction of the Common Stock since the filing of Amendment No. 8 to the Original Schedule 13D: on April 9, 2024, the Reporting Persons set forth below sold an aggregate of 5,309,299 shares of Common Stock for $114.20 per share in an underwritten secondary public offering of the Common Stock (the “Exit Transaction”): AP IX Tiger 3,321,498 shares Tiger Co-Invest II 731,267 shares Tiger Co-Invest ML 1,256,534 shares (d) Not applicable. (e) Following the Exit Transaction, the Reporting Persons ceased to beneficially own any shares of Common Stock. The filing of this Amendment No. 9 represents the final amendment to the Schedule 13D and constitutes an exit filing for the Reporting Persons. 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 AP IX TIGER CO-INVEST II, L.P. By: AP IX Tiger Holdings GP, LLC, its general partner By: /s/ James Elworth James Elworth Vice President AP IX TIGER CO-INVEST (ML), L.P. By: AP IX Tiger Co-Invest (ML) GP, LLC, its general partner By: AP IX Tiger Holdings GP, LLC, its sole member By: /s/ James

View Full Filing

View this SC 13D/A filing on SEC EDGAR