---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-215724"
form_type: "8-K"
ticker: "APP"
cik: "0001751008"
company_name: "AppLovin Corp"
filed_at: "2022-08-09T23:59:59+00:00"
generated_at: "2026-06-24T02:11:31.743574+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# AppLovin proposes all-stock merger with Unity valuing Unity at $58.85/share; updates 2022 guidance

## Summary
- All-stock deal values Unity at $20B enterprise value, $58.85/share – an 18% premium to 8/8/2022 close.
- Unity shareholders would own ~55% of combined co (49% voting); AppLovin holders ~45% (51% voting).
- Combined targets >$7B run-rate revenue and >$3B run-rate Adj. EBITDA by end 2024E; $700M+ synergy by 2025E.
- Unity CEO John Riccitiello to become CEO of combined firm; AppLovin CEO Adam Foroughi to become COO.
- FY2022 Apps revenue outlook lowered to $1.70-1.85B from $2.00-2.15B; Software Platform & EBITDA guidance unchanged.

## SEC filing metadata
- accession: 0001193125-22-215724
- form_type: 8-K
- ticker: APP
- cik: 0001751008
- company_name: AppLovin Corp
- filed_at: 2022-08-09T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1751008/000119312522215724/0001193125-22-215724-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1751008/000119312522215724/d385952d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-215724
- JSON: https://secwatch.observer/filing/0001193125-22-215724.json
- Plain text: https://secwatch.observer/filing/0001193125-22-215724.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.