Company: APO
Filing Date: 2025-09-02
Form Type: 424B7
Source: 0000950142-25-002341
Chunk: 14

Company: Apollo Global Management, Inc.
Filing Date: 2025-09-02
Form: 424B7
Chunk 14
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 dividends on shares of Series A Mandatory
Convertible Preferred Stock (i) have not been declared and paid in full on any Dividend Payment Date (or, in the case of Parity Stock
having dividend payment dates different from such Dividend Payment Dates, on a dividend payment date falling within a regular dividend
period related to such Dividend Payment Date), or (ii) have been declared but a sum of cash or number of shares of our common stock sufficient
for payment thereof has not been set aside for the benefit of the holders of Series A Mandatory Convertible Preferred Stock thereof on
the applicable Regular Record Date (as defined in the certificate of designations), no dividends may be declared or paid on any shares
of Parity Stock unless dividends are declared on the shares of Series A Mandatory Convertible Preferred Stock such that the respective
amounts of such dividends declared on the shares of Series A Mandatory Convertible Preferred Stock and such shares of Parity Stock will
be allocated pro rata among the holders of the shares of Series A Mandatory Convertible Preferred Stock and the holders of any shares
of Parity Stock then outstanding.

Anti-Takeover Provisions

Our certificate of incorporation and bylaws
and the DGCL contain provisions, which are summarized in the following paragraphs, that are intended to enhance the likelihood of continuity
and stability in the composition of our board of directors and to discourage certain types of transactions that may involve an actual
or threatened acquisition of our company. These provisions are intended to avoid costly takeover battles, reduce our vulnerability to
a hostile change in control or other unsolicited acquisition proposal, and enhance the ability of our board of directors to maximize stockholder
value in connection with any unsolicited offer to acquire us. However, these provisions may have the effect of delaying, deterring or
preventing a merger or acquisition of our company by means of a tender offer, a proxy contest or other takeover attempt that a stockholder
might consider in its best

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interest, including attempts that might result in a premium over
the prevailing market price for the shares of common stock held by stockholders.

Authorized but Unissued Capital Stock

Delaware law does not require stockholder approval
for any issuance of shares that are authorized and available for issuance. However, the listing requirements of the New York Stock Exchange,
which would apply so long as the shares of our common stock remain listed on the New York Stock Exchange, require stockholder approval
of certain issuances equal to or exceeding 20% of the