Apollo Strategic Growth Capital II Adds More Non-Redemption Agreements

Apollo Strategic Growth Capital II

Apollo Strategic Growth Capital II in an 8-K said it had entered into addional non-redemption agreements for an unspecified number of shares and may continue to enter into further non-redemption agreements.

The SPAC last month said it had amended another non-redemption agreement, increasing the participating investor’s committment to 1.5 million shares — up from the initial 650,413 shares.

An extension vote is the main order of business at tomorrow’s shareholder meeting. The SPAC wants to move its deadline from May 12 to Feb. 12, 2024.

Apollo raised $600 million in an IPO more than two years ago. Led by CEO and director Sanjay Patel, the SPAC is targeting growth-oriented companies. Read more.

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