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Bridge Invt Group Hldgs Inc SEC Filings

BRDG NYSE

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Rhea-AI Summary

Bridge Investment Group Holdings Inc. (NYSE: BRDG) filed a Form 8-K to disclose the voting results of its June 17, 2025 special meeting of stockholders. The sole agenda was to decide on two proposals linked to the company’s previously announced plan to merge with Apollo Global Management, Inc.

Quorum & Voting Power: As of the May 2, 2025 record date, Bridge had 44,632,220 Class A shares (1 vote each) and 79,142,364 Class B shares (10 votes each) outstanding. A quorum of approximately 89.26 % of total voting power was present, represented by 28,996,857 Class A votes and 71,727,669 Class B votes.

Proposal 1 – Merger Agreement Adoption: Stockholders voted on the Agreement and Plan of Merger dated February 23, 2025 among Bridge, its operating subsidiary Bridge LLC, Apollo, and related merger subsidiaries. The proposal passed overwhelmingly with 746,161,161 votes FOR, 110,642 AGAINST and 1,744 ABSTENTIONS. No broker non-votes were recorded.

Proposal 2 – Adjournment Authority: Stockholders also approved authority to adjourn the meeting if needed to solicit additional proxies. Results were 745,367,628 votes FOR, 68,423 AGAINST and 837,496 ABSTENTIONS.

Implications:

  • Shareholder approval satisfies a key closing condition of the Apollo merger, allowing the transaction to advance to subsequent steps outlined in the Merger Agreement.
  • The voting results signal strong shareholder support, with more than 99.9 % of votes cast in favor of the merger proposal.
  • The dual-class voting structure, in which Class B shares carry ten votes each, materially influenced overall voting power.

The filing contains no financial statements, consideration terms, or expected closing date. Additional regulatory or procedural steps, if any, are not addressed in this document.

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FAQ

What is the current stock price of Bridge Invt Group Hldgs (BRDG)?

The current stock price of Bridge Invt Group Hldgs (BRDG) is $10.09 as of June 28, 2025.

What is the market cap of Bridge Invt Group Hldgs (BRDG)?

The market cap of Bridge Invt Group Hldgs (BRDG) is approximately 423.6M.

What is the core business of Bridge Investment Group Holdings Inc (BRDG)?

Bridge Investment Group Holdings Inc operates as a vertically integrated alternative investment manager, focusing on diversified asset classes including real estate, credit, renewable energy, and secondaries strategies.

How does the company structure its investment operations?

The company follows a vertically integrated model that oversees the entire investment process in-house—from sourcing and acquisition to asset management and disposition—which enhances operational efficiency and risk management.

What are the primary asset classes managed by the company?

Bridge Investment Group Holdings Inc manages a broad range of asset classes, primarily in real estate (including residential and commercial properties), as well as credit, renewable energy, and secondaries investments.

How does the company differentiate itself in a competitive market?

Its integrated approach and diversified portfolio allow the company to leverage synergies across multiple platforms, reducing sector-specific risks and ensuring comprehensive asset management.

What role does Bridge Investment Group Partners play in the business?

Bridge Investment Group Partners, an affiliate, is focused on real estate investments, managing a substantial portfolio of apartment units and commercial properties which adds significant depth to the firm’s overall asset management strategy.

What investment strategies does the company employ?

The company employs a mix of strategies including direct real estate investment, credit and secondary market strategies, and renewable energy investments, enabling a diversified risk profile across its asset base.

How does the integrated structure benefit investors?

The vertically integrated framework allows for centralized decision making and a seamless investment lifecycle, enhancing transparency, operational efficiency, and risk mitigation, which can be beneficial for investors seeking diversified exposure.

How does Bridge Investment Group Holdings Inc manage risk within its portfolio?

Risk management is achieved through a diversified approach across various asset classes and a centralized management system that emphasizes rigorous due diligence, strategic oversight, and synergy between investment platforms.
Bridge Invt Group Hldgs Inc

NYSE:BRDG

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BRDG Stock Data

423.58M
37.90M
11.98%
47.09%
0.93%
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