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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.