UPDATE 1-Electric car maker Fisker to go public through SPAC deal at $2.9 bln valuation [Reuters]
Apollo Global Management, Inc. (New) (APO)
Last apollo global management, inc. (new) earnings: 5/1 07:00 am
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Source: Reuters
EV maker Fisker to go public by merging with blank check firm at $2.9 billion valuation (Reuters) - Electric-car maker Fisker will go public through a merger with a blank check company backed by private equity firm Apollo Global Management Inc at a $2.9 billion valuation, the companies said on Monday. Reuters reported last week that the special purpose acquisition company, Spartan Energy Acquisition Corp ( SPAQ_u.N ), was leading a bidding war among blank-check companies for Fisker. The proceeds are expected to be used to bring the company’s first product, the Fisker Ocean, to production in late-2022. The deal mirrors that of peer Nikola Corp, which went public last month, as investors place bets on which startup will be the next Tesla Inc.
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APO
News
- Barclays Appoints David Garner as Global Head of Securitized Products Bond Trading [Yahoo! Finance]Yahoo! Finance
- Apollo to Announce First Quarter 2024 Financial Results on May 2, 2024GlobeNewswire
- S&P cuts Paramount Global's credit rating to 'BB+' on streaming challenges [Yahoo! Finance]Yahoo! Finance
- TD SYNNEX Announces Launch of Secondary Public Offering of Common Stock and Concurrent Share Repurchase [Yahoo! Finance]Yahoo! Finance
- UBS sells $8 bln of Credit Suisse assets to Apollo [Reuters]Reuters
APO
Earnings
- 2/8/24 - Beat
APO
Sec Filings
- 3/21/24 - Form 4
- 3/5/24 - Form 4
- 3/4/24 - Form 4
- APO's page on the SEC website