M&A - Apollo Global Management, Inc.

Form Type: S-4/A

Filing Date: 2025-05-12

Corporate Action: Merger

Type: Update

Accession Number: 000119312525117912

Filing Summary: Apollo Global Management, Inc. filed this amendment to its Form S-4 registration statement regarding an agreement and plan of merger with Bridge Investment Group Holdings Inc. The merger, announced on February 23, 2025, involves Apollo’s wholly-owned subsidiaries merging with Bridge and Bridge LLC, with both entities becoming wholly owned subsidiaries of Apollo after the mergers are completed. Holders of Bridge Class A common stock will exchange their shares for 0.07081 shares of Apollo common stock per share, while Bridge Class B common stockholders will receive an adjusted exchange ratio to ensure the value remains below $0.01. The document outlines that former Bridge stockholders will own approximately 1.7% of Apollo's outstanding common stock post-merger, contingent on shareholder approval at a special meeting scheduled for June 17, 2025. The filing includes sections detailing the risk factors, merger conditions, and procedural information regarding voting and shareholder rights.

Form Type: S-4

Filing Date: 2025-04-11

Corporate Action: Merger

Type: New

Accession Number: 000119312525079161

Filing Summary: Apollo Global Management, Inc. has filed a registration statement on Form S-4 related to a merger with Bridge Investment Group Holdings Inc., dated April 11, 2025. The merger involves two primary transactions: a Corporate Merger where Aspen PubCo Merger Sub 1, Inc. will merge with Bridge Investment Group Holdings Inc., and an LLC Merger where Aspen Second Merger Sub, LLC will merge with Bridge Investment Group Holdings LLC. Under the proposed terms, holders of Bridge Class A common stock will receive 0.07081 shares of Apollo common stock for each share of Bridge capital stock and holders of Class B common stock will receive 0.00006 shares of Apollo common stock, subject to certain conditions. Bridge stockholders must approve the merger agreement for the transaction to proceed. The effect of the mergers will result in Bridge becoming a wholly-owned subsidiary of Apollo. The expected market value of the consideration received by Bridge stockholders will vary with Apollo's stock price until the completion of the mergers. The document additionally outlines the procedures for voting at a special meeting for Bridge stockholders and highlights the importance of voter participation.

Form Type: 425

Filing Date: 2025-02-24

Corporate Action: Acquisition

Type: New

Accession Number: 000119312525033455

Filing Summary: Apollo Global Management, Inc. has entered into a definitive agreement to acquire Bridge Investment Group Holdings Inc. in an all-stock transaction valued at approximately $1.5 billion. The acquisition aims to enhance Apollo's origination capabilities in residential and industrial real estate. With Bridge managing around $50 billion in high-quality assets, the transaction is expected to provide immediate scale and synergy with Apollo's existing real estate strategies. Bridge will operate as a standalone entity under Apollo's management, retaining its brand and leadership team. The deal requires approval from Bridge's shareholders and is anticipated to close in the third quarter of 2025, pending customary conditions including majority approval of Bridge's Class A and B stock. After the transaction, Bridge's shares will be delisted from the NYSE, becoming a privately held company. Apollo and Bridge have engaged various financial and legal advisors for the transaction.