Apollo Strategic Growth Capital (APSG) Prices 75M Unit IPO at $10/Unit

Apollo Strategic Growth Capital (NYSE: APSG) today announced the pricing of its initial public offering of 75,000,000 units at $10.00 per unit. The units will be listed on the New York Stock Exchange (the “NYSE”) under the symbol “APSG.U” commencing on October 2, 2020. Each unit consists of one Class A ordinary share of the Company and one-third of one warrant, each whole warrant entitling the holder thereof to purchase one Class A ordinary share at an exercise price of $11.50 per share. Once the securities constituting the units begin separate trading, the Company expects the Class A ordinary shares and warrants will be listed on the NYSE under the symbols “APSG” and “APSG WS,” respectively.

The Company is sponsored by APSG Sponsor, L.P., an affiliate of Apollo Global Management, Inc. (NYSE: APO). The Company was formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. It may pursue an initial business combination target in any business or industry.

Citigroup Global Markets Inc. is acting as joint bookrunner and representative of the underwriters and Credit Suisse Securities (USA) LLC and Goldman Sachs & Co. LLC are acting as joint bookrunners. Apollo Global Securities LLC, Deutsche Bank Securities and Siebert Williams Shank are acting as co-bookrunners. The Company has granted the underwriters a 45-day option to purchase up to 11,250,000 additional units at the initial public offering price to cover over-allotments, if any.

This offering will only be made by means of a prospectus.

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