{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-216397","form_type":"8-K","ticker":"APP","cik":"0001751008","company_name":"AppLovin Corp","filed_at":"2023-08-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.088548+00:00","generated_at":"2026-06-11T06:21:07.041330+00:00","sec_items":["1.01","8.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"AppLovin to repurchase 15M shares from KKR Denali for $552.75M at $36.85/share","bullets":["Repurchases 15M shares from KKR Denali at $36.85/share for $552.75M total, a 3.6% discount to Aug 18 close of $38.23.","Closing expected by Aug 28, 2023; transaction approved by special committee of independent directors not affiliated with KKR.","Board increased share repurchase authorization by ~$448M to $555M; after closing, $2.25M remains under the program.","Sale reduces KKR Denali's beneficial ownership; company funds deal with available cash on hand."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-216397","json":"https://secwatch.observer/filing/0001193125-23-216397.json","markdown":"https://secwatch.observer/filing/0001193125-23-216397.md","text":"https://secwatch.observer/filing/0001193125-23-216397.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1751008/000119312523216397/0001193125-23-216397-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1751008/000119312523216397/d541078d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T06:21:07.041330+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":"be87c8d1f8d15f13ed111b366461d322f0cd93db","claim":"AppLovin Corp entered into Share Repurchase Agreement with KKR Denali Holdings L.P. valued at $552.75 million (effective 2023-08-21).","evidence_excerpt":"On August 21, 2023, AppLovin Corporation (“AppLovin”) entered into an agreement to repurchase 15,000,000 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 of $36.85, for an aggregate purchase price of $552.75 million (the “Share Repurchase Agreement”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1751008/000119312523216397/0001193125-23-216397-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":"$552.75 million"},{"label":"Effective","value":"2023-08-21"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}