secwatch.observer — SEC 8-K summary
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Issuer:     ADT Inc. (ADT)
CIK:        0001703056
Form:       8-K
Filed at:   2024-10-30T23:59:59+00:00
Accession:  0001193125-24-247664
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Apollo entities sell 56M ADT shares in secondary offering; ADT repurchases 16M shares
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- Apollo Global Management affiliates sold 56M shares of ADT common stock, with underwriter option for up to 8.4M additional shares.
- ADT concurrently repurchased 16M shares from underwriters as part of the offering, using existing $350M buyback plan.
- Offering closed October 30, 2024; ADT received no proceeds from the sale by selling stockholders.
- Underwriters are Barclays, Citigroup, and BTIG; no fees paid on shares repurchased by ADT.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1703056/000119312524247664/0001193125-24-247664-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1703056/000119312524247664/d877981d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-247664

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