Company: APO
Filing Date: 2025-09-02
Form Type: 424B7
Source: 0000950142-25-002341
Chunk: 55

Company: Apollo Global Management, Inc.
Filing Date: 2025-09-02
Form: 424B7
Chunk 55
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 more difficult or discourage an attempt to obtain control of us by means of a merger,
tender offer, proxy contest or otherwise, and thereby protect the continuity of our management and possibly

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deprive our stockholders of opportunities to sell their shares of Common
Stock at prices higher than prevailing market prices.

Business Combinations

We are subject to Section 203 of the DGCL.
In general, Section 203 prohibits a publicly-held Delaware corporation from engaging, under certain circumstances, in a “business
combination” with an “interested stockholder” for a period of three years following the time that the stockholder became
an interested stockholder, unless:

| • | prior to such time, the board of directors of the corporation approved either the business combination or the transaction that resulted 
 in the stockholder becoming an interested stockholder;                                                                                  |

| • | upon consummation of the transaction that resulted in the stockholder becoming an interested stockholder, the interested stockholder            
 owned at least 85% of the voting stock of the corporation outstanding at the time the transaction commenced, excluding for purposes of          
 determining the number of shares outstanding (but not for purposes of determining the number of shares owned by the interested stockholder) (i) 
 shares owned by persons who are directors and also officers and (ii) shares owned by employee stock plans in which employee participants        
 do not have the right to determine confidentially whether shares held subject to the plan will be tendered in a tender or exchange offer;       
 or                                                                                                                                              |

| • | at or subsequent to such time, the business combination is approved by the board and authorized at an annual or special meeting of         
 stockholders, and not by written consent, by the affirmative vote of at least sixty-six and two-thirds (66 2/3)% of the outstanding voting 
 stock which is not owned by the interested stockholder.                                                                                    |

Generally, a “business combination”
includes a merger, asset or stock sale, or other transaction resulting in a financial benefit to the interested stockholder (other than
on a pro rata basis with other stockholders). Subject to certain exceptions, an “interested stockholder” is a person who,
together with that person’s affiliates and associates, “owns” or if such person is an affiliate or associate of the
corporation, within three years prior to the determination of interested stockholder status, did “own” 15% or more of a corporation’s
outstanding voting stock.

Under certain circumstances, Section