Company: APO
Filing Date: 2025-05-07
Form Type: 10-Q
Source: 0001858681-25-000049
Chunk: 143

Company: Apollo Global Management, Inc.
Filing Date: 2025-05-07
Form: 10-Q
Item: Item 8
Chunk 143
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 each of the first, second, third, fourth, fifth and sixth anniversaries thereof. As of March 31, 2025, warrants exercisable for 0.4 million shares of common stock were vested and exercisable. Each warrant, to the extent exercised, will be settled on a “cashless net exercise basis.” The warrants will expire on the seventh anniversary of the issuance date, with any vested but unexercised warrants being automatically exercised at such time if the trading price of common stock is above the exercise price.In April 2025, the Company issued 1,080,041 shares of common stock in relation to a cashless exercise of 2.6 million vested warrants issued in 2022. Donor-Advised Fund In February 2025, the Company established a donor-advised fund (the “Apollo DAF”) as part of its ongoing commitment to philanthropy. The Company issued 1,213,003 shares of common stock in February 2025 to fund the Apollo DAF. 

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Table of ContentsAPOLLO GLOBAL MANAGEMENT, INC.NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)

Dividends and DistributionsOutlined below is information regarding quarterly dividends and distributions (in millions, except per share data).Dividend Declaration DateDividend per Share of Common StockPayment DateDividend to Common StockholdersDistribution Equivalents on Participating SecuritiesFebruary 8, 2024$0.43 February 29, 2024$245 $14 May 2, 20240.46 May 31, 2024263 16 August 1, 20240.46 August 30, 2024262 15 November 5, 20240.46 November 29, 2024262 15 Year ended December 31, 2024$1.81 $1,032 $60 February 4, 2025$0.46 February 28, 2025$264 $14 Three months ended March 31, 2025$0.46 $264 $14 Accumulated Other Comprehensive Income (Loss)(In millions)Unrealized investment gains (losses) on AFS securities without a credit allowanceUnrealized investment gains (losses) on AFS securities with a credit allowanceUnrealized gains (losses) on hedging instrumentsReme