APi Group closes additional 1.65M shares from underwriters option, raising ~$59.7M net

APi Group Corp

Underwriters fully exercised 30-day option for 1.65M shares at same terms as initial April 19 offering.
Additional net proceeds ~$59.7M after underwriting discounts and before expenses.
Total net proceeds from combined offering ~$457.8M.
Initial offering of 11M shares closed April 19, 2024, raised ~$398.1M net.
Proceeds intended for general corporate purposes, including potential acquisitions.

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