Apollo Strategic Growth Capital II offered 10 million more units than expected to uspize its IPO by 20 percent to $600 million.
Led by CEO and director Sanjay Patel, Apollo will target growth-oriented companies.
Apollo Global Management’s previous SPACs include Apollo I, which raised $750 million in an IPO last fall, and Spartan I, which completed a merger with electric car maker Fisker Technologies.
The SPAC’s units begin trading today on the NYSE under APGB.U. Read more.
