APi Group Announces Closing Of Public Offering Of Common Stock - NewsBreak

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By Hernandez in Business
Updated 3 years ago

APi Group Corporation (APG) ("APi" or the "Company") announced the closing of its previously-announced underwritten public offering of 22,716,049 shares of its common stock at a public offering price of $20.25 per share. This number includes 2,962,962 shares sold to the underwriters upon exercise in full of their option to purchase additional shares. The offering resulted in gross proceeds to APi of approximately $460 million, before deducting underwriting discounts and commissions and offering expenses payable by APi. All of the shares of common stock sold in the offering were sold by APi.

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