In a recent SEC filing, Apollo Global Management, Inc. submitted a Form 144 indicating its intent to potentially sell or distribute up to 1,000,000 shares of common stock. Form 144 is typically filed by company insiders or affiliates to register the sale of restricted securities, providing transparency to investors about potential selling activities. The significance of this filing lies in the fact that it signals Apollo Global Management’s plan to potentially offload a significant number of shares, which could impact the company’s stock price and investor sentiment in the near future.
Apollo Global Management, Inc. is a leading global alternative investment manager with assets under management of over $455 billion as of June 30, 2021. The company specializes in private equity, credit-oriented capital markets, and real assets, serving a diverse group of clients, including public and private pension funds, endowments, and sovereign wealth funds. With a focus on delivering strong risk-adjusted returns for its investors, Apollo Global Management has established itself as a prominent player in the financial services industry. For more information about Apollo Global Management, Inc., visit their official website here.
Form 144 is a notice of proposed sale of securities filed with the Securities and Exchange Commission when an affiliate of a company plans to sell company stock. This form is used to comply with the Securities Act of 1933 and provides transparency to investors regarding potential insider selling activities. By filing Form 144, Apollo Global Management, Inc. is adhering to regulatory requirements while also keeping investors informed about the company’s securities transactions.
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Apollo Global Management, Inc. Submits Form 144 to the SEC – Find Out More About the Filing
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