Api group announces launch of public offering of common stock

New brighton, minn.--(business wire)--api group corporation (nyse: apg) (“api” or the “company”) announced today that it has commenced an underwritten public offering of 11,000,000 shares of its common stock. in connection with the offering, api intends to grant the underwriters a 30-day option to purchase additional shares of its common stock. all of the shares of common stock to be sold in the offering are to be sold by api. api intends to use the net proceeds from the offering for general co.
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