secwatch.observer — SEC 8-K summary
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Issuer:     ADT Inc. (ADT)
CIK:        0001703056
Form:       8-K
Filed at:   2024-03-11T23:59:59+00:00
Accession:  0001193125-24-064837
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ADT completes secondary offering of 65M shares by Apollo affiliates; repurchases 15M shares
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- Apollo-managed entities sold 65M shares (plus up to 9.75M overallotment) of ADT common stock.
- ADT repurchased 15M shares from the underwriters as part of the offering at no underwriting fees.
- Company received no proceeds from the selling stockholders' sale; repurchase uses existing $350M authorization.
- Offering and share repurchase closed on March 11, 2024; underwriting agreement with Morgan Stanley and Barclays.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1703056/000119312524064837/0001193125-24-064837-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1703056/000119312524064837/d770043d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-064837

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