Company: APO
Filing Date: 2025-05-12
Form Type: S-4/A
Source: 0001193125-25-117912
Chunk: 65

Company: Apollo Global Management, Inc.
Filing Date: 2025-05-12
Form: S-4/A
Chunk 65
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 Bridge or Bridge LLC undergoes a change of control, including in connection with the mergers. Pursuant to the merger agreement, both Bridge and Bridge LLC will undergo changes of control upon completion
of the mergers. If a change of control transaction occurs, including with respect to the mergers, Bridge cannot be certain that its relevant SEC-registered investment adviser subsidiaries will be able to
obtain the necessary consents from the funds and other accounts, which could cause Bridge to lose the management fees and performance fees it earns from such funds and other accounts.

Bridge stockholders are not entitled to appraisal rights in connection with the mergers.

Appraisal rights are statutory rights that enable stockholders to dissent from certain extraordinary transactions, such as certain mergers, and
to demand that the corporation pay the fair value for their shares as determined by a court in a judicial proceeding instead of receiving the consideration offered to stockholders in connection with the applicable transaction. Under the DGCL,
holders of shares of Bridge common stock will not have rights to an appraisal of the fair value of their shares in connection with the mergers. See “The Mergers—No Appraisal Rights” beginning on page 90 for additional
information.

The shares of Apollo common stock to be received by Bridge stockholders and holders of Bridge LLC Class A common units upon completion of the Corporate Merger will have different rights from shares of Bridge common stock and Bridge LLC Class A common units.

Upon completion of the Corporate Merger, Bridge stockholders will no longer be stockholders of Bridge and holders of Bridge LLC Class A
common units will no longer be unitholders of Bridge LLC but will instead become stockholders of Apollo, and their rights as Apollo stockholders will be governed by the terms of Apollo’s certificate of incorporation, as amended
(“Apollo’s certificate of incorporation”), and Apollo’s bylaws, as amended (“Apollo’s bylaws”). The terms of Apollo’s certificate of incorporation and Apollo’s bylaws are in some respects materially
different than the terms of Bridge’s certificate of incorporation, as amended and restated (“Bridge’s certificate of incorporation”), and Bridge’s bylaws, which currently govern the rights of Bridge stockholders, and the
Bridge LLC operating agreement, which currently governs the rights of Bridge LLC Class A unitholders. See “Comparison of Rights of Stockholders of Apollo and Bridge and ClassA Unitholders of Bridge LLC”
beginning on page 142 for a discussion of the different rights associated with shares of Bridge common stock, Bridge LLC Class