{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-146599","form_type":"8-K","ticker":"APP","cik":"0001751008","company_name":"AppLovin Corp","filed_at":"2023-05-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.377287+00:00","generated_at":"2026-06-14T22:31:25.792425+00:00","sec_items":["1.01","8.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"AppLovin repurchases 15.95M shares from KKR at $21.00, an 8% discount; boosts buyback authorization by $296M","bullets":["Private repurchase of 15,952,381 shares from KKR Denali at $21.00/share, total ~$335M; 8% discount to $22.88 close.","Closing expected by May 18, 2023; Special Committee of independent directors approved the transaction.","Board increased share repurchase authorization by $296M to $500M; $165M remains available after this repurchase.","Repurchases may be made via open market or private transactions subject to market conditions and legal requirements."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-146599","json":"https://secwatch.observer/filing/0001193125-23-146599.json","markdown":"https://secwatch.observer/filing/0001193125-23-146599.md","text":"https://secwatch.observer/filing/0001193125-23-146599.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1751008/000119312523146599/0001193125-23-146599-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1751008/000119312523146599/d491086d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T22:31:25.792425+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"099067cf2ec6703350040230849e2122840e384d","claim":"AppLovin Corp entered into Share Repurchase Agreement with KKR Denali Holdings L.P. valued at approximately $335 million (effective 2023-05-17).","evidence_excerpt":"On May 17, 2023, AppLovin Corporation (“AppLovin”) entered into an agreement to repurchase 15,952,381 shares of its Class A common stock, par value $0.00003 per share (the “Class A Common Stock”), beneficially owned by KKR Denali Holdings L.P. (“KKR Denali”) in a private transaction at a price per share equal to $21.00, for an aggregate purchase price of approximately $335 million (the “Share Repurchase Agreement”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1751008/000119312523146599/0001193125-23-146599-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"KKR Denali Holdings L.P."},{"label":"Value","value":"approximately $335 million"},{"label":"Effective","value":"2023-05-17"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}