{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-059240","form_type":"8-K","ticker":"APG","cik":"0001796209","company_name":"APi Group Corp","filed_at":"2024-03-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.562189+00:00","generated_at":"2026-06-05T03:59:40.840553+00:00","sec_items":["1.01","3.03","5.03","7.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"APi Group: Blackstone and Viking sell 12.15M shares in upsized secondary at $34.25; Series B preferred eliminated","bullets":["Secondary offering upsized to 10,569,106 shares (plus 1,585,365 option exercised=12,154,471 total) at $34.25/share.","Selling stockholders (Blackstone and Viking) converted all 5.5% Series B Perpetual Convertible Preferred into common before sale.","APi received no proceeds from the offering; all shares sold by existing holders.","Company filed Certificate of Elimination to remove Series B Preferred Stock from charter, effective March 5, 2024.","Lock-up agreements: company, execs, directors, and selling stockholders subject to 90-day trading restriction."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-059240","json":"https://secwatch.observer/filing/0001193125-24-059240.json","markdown":"https://secwatch.observer/filing/0001193125-24-059240.md","text":"https://secwatch.observer/filing/0001193125-24-059240.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1796209/000119312524059240/0001193125-24-059240-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1796209/000119312524059240/d766221d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T03:59:40.840553+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"cb52edb016856c96cd4ab63c7d3122e4f73f95c5","claim":"APi Group Corp: APi Group Corp filed a Certificate of Elimination to remove all matters related to the 5.5% Series B Perpetual Convertible Preferred Stock from its certificate of incorporation, following conversion of all outstanding Series B Preferred Stock into common stock (effective 2024-03-05).","evidence_excerpt":"On March 5, 2024, the Company filed with the Delaware Secretary of State a Certificate of Elimination of 5.5% Series B Perpetual Convertible Preferred Stock of the Company (the “Certificate of Elimination”) which eliminated all matters set forth in the Certificate of Designation of 5.5% Series B Perpetual Convertible Preferred Stock from the Company’s certificate of incorporation.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1796209/000119312524059240/0001193125-24-059240-index.htm","confidence":1.0,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2024-03-05"}],"fact_type":"governance_change"},{"claim_id":"0805cc67eef59a8e3463219687a04404bf0f446e","claim":"APi Group Corp entered into Underwriting Agreement with UBS Securities LLC and Citigroup Global Markets Inc., as representatives of the several underwriters (effective 2024-02-29).","evidence_excerpt":"On February 29, 2024, APi Group Corporation (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with UBS Securities LLC and Citigroup Global Markets Inc., as representatives of the several underwriters named in Schedule III thereto","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1796209/000119312524059240/0001193125-24-059240-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"underwriting"},{"label":"Counterparty","value":"UBS Securities LLC and Citigroup Global Markets Inc., as representatives of the several underwriters"},{"label":"Effective","value":"2024-02-29"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}