- APi Group Corp APG commenced an underwritten public offering of $400 million of shares of its common stock.
- APi Group intends to use the net proceeds from the offering for general corporate purposes, including future acquisitions and other business opportunities, capital expenditures, and working capital.
- APi Group plans to grant the underwriters a 30-day option to purchase additional shares.
- Price Action: APG shares are trading lower by 4.20% at $21.00 during the premarket session on Monday.
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