Company: APO
Filing Date: 2025-09-02
Form Type: 424B7
Source: 0000950142-25-002341
Chunk: 23

Company: Apollo Global Management, Inc.
Filing Date: 2025-09-02
Form: 424B7
Chunk 23
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 or dealer, who will
then resell or transfer the Shares under this prospectus supplement. Any selling stockholders may also enter into hedging transactions
with respect to the Shares. For example, selling stockholders may:

| · | enter into transactions involving short sales of the Shares by underwriters, brokers or dealers; |

| · | sell the Shares short and deliver the shares to close out short positions; |

| · | enter into option or other types of transactions that require us to deliver the Shares to an underwriter, broker or dealer, who will 
 then resell or transfer the Shares under this prospectus; or                                                                         |

| · | loan or pledge the Shares to an underwriter, broker or dealer, who may sell the loaned the Shares or, in the event of default, sell 
 the pledged Shares.                                                                                                                 |

Any selling stockholder will act independently
of us in making decisions with respect to the timing, manner and size of each sale of the Shares covered by this prospectus supplement.
If the Shares are sold through underwriters or broker-dealers, the selling stockholders will be responsible for underwriting fees, discounts
or commissions or agent’s commissions.

Selling stockholders may enter into derivative
transactions relating to the Shares with third parties, or sell derivative securities not covered by this prospectus supplement to third
parties in privately negotiated transactions. If the applicable prospectus supplement indicates, in connection with those derivatives,
the third parties may sell the Shares covered by this prospectus supplement and the applicable prospectus supplement, including in short
sale transactions. If so, the third party may use Shares (or derivative securities relating to the Shares) pledged by us or borrowed from
us or others to settle those sales or to close out any related open borrowings of Shares, and may use Shares received from us in settlement
of those derivatives to close out any related open borrowings of Shares. The third party in such sale transactions will be an underwriter
and, if not identified in this prospectus supplement, will be identified in the applicable prospectus supplement (or a post-effective
amendment). In addition, the selling

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stockholders may otherwise loan or pledge Shares to a financial
institution or other third party that in turn may sell the Shares short using this prospectus supplement. Such financial institution or
other third party may transfer its economic short position to investors in Shares or in connection with a concurrent offering of other
securities.

Shares may also be exchanged for satisfaction
of