secwatch.observer — SEC 8-K summary
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Issuer:     AppLovin Corp (APP)
CIK:        0001751008
Form:       8-K
Filed at:   2023-06-02T23:59:59+00:00
Accession:  0001193125-23-159174
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

KKR sells 15M AppLovin shares to GQG; closing on June 9
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- KKR Denali enters agreement to sell 15,000,000 shares of AppLovin Class A common stock to GQG Partners.
- Transaction expected to close June 9, 2023; KKR receives all proceeds.
- AppLovin is not offering any shares and will not receive any proceeds.
- Company and KKR believe the sale adds long-term oriented investors to shareholder base.
- Sale made under shelf registration statement and prospectus supplement filed June 1, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1751008/000119312523159174/0001193125-23-159174-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1751008/000119312523159174/d518550d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-159174

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