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Apollo Strategic Growth Capital Priced, NYSE: APSG.U

Blank check company formed by Apollo targeting growth-oriented businesses.

Industry: SPAC

Latest Trade: $10.05 -0.01 (-0.1%)

First Day Return: -0.3%

Return from IPO: +0.6%

Industry: SPAC

Apollo Strategic Growth Capital is a Cayman Islands incorporated and exempted blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. We have not selected any specific business combination target and we have not, nor has anyone on our behalf, engaged in any substantive discussions, directly or indirectly, with any business combination target with respect to an initial business combination with us. Apollo Strategic Growth Capital is an affiliate of Apollo. Founded in 1990, Apollo is a leading global alternative investment manager with approximately $414 billion of assets under management as of June 30, 2020. Apollo has a long history of extending its platform outside of its existing investment funds to diversify into areas with meaningful synergy with its core businesses. Apollo Strategic Growth Capital broadens Apollo’s investment mandate, allowing the platform to pursue new opportunities that leverages Apollo’s significant experience in building and accelerating growth in businesses across diverse industries. Apollo Strategic Growth Capital will seek to invest in more growth-oriented businesses that stand to benefit from being public in the acceleration of their value-creation strategies.
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IPO News for Apollo Strategic Growth Capital
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IPO Data
IPO File Date 09/16/2020
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 75.0
Deal Size ($mm) $750
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 10/01/2020
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 75.0
Deal Size ($mm) $750
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
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Company Data
Headquarters New York, NY
Founded 2008
Employees 2
Website www.apollo.com