---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-058014"
form_type: "8-K"
ticker: "APP"
cik: "0001751008"
company_name: "AppLovin Corp"
filed_at: "2024-03-04T23:59:59+00:00"
generated_at: "2026-06-05T04:49:22.182698+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# KKR selling 19.9M APP shares at $56; AppLovin to repurchase 10.5M at $54.46

## Summary
- Secondary offering of 19,866,397 Class A shares by KKR Denali at $56.00 per share.
- AppLovin agrees to repurchase 10,466,397 shares from underwriters at $54.46 per share.
- KKR expected to convert ~16M Class B shares to Class A in connection with offering.
- Company will receive no proceeds; closing expected around March 6, 2024.
- Underwriting agreement includes customary reps, warranties, and indemnification.

## SEC filing metadata
- accession: 0001193125-24-058014
- form_type: 8-K
- ticker: APP
- cik: 0001751008
- company_name: AppLovin Corp
- filed_at: 2024-03-04T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1751008/000119312524058014/0001193125-24-058014-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1751008/000119312524058014/d801640d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-058014
- JSON: https://secwatch.observer/filing/0001193125-24-058014.json
- Plain text: https://secwatch.observer/filing/0001193125-24-058014.txt

## Key facts
- Material Agreements
  AppLovin Corp entered into Underwriting Agreement with KKR Denali Holdings L.P. and BofA Securities, Inc. (effective 2024-02-29).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: KKR Denali Holdings L.P. and BofA Securities, Inc.
  - Effective: 2024-02-29
  source text: On February 29, 2024, AppLovin Corporation (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with KKR Denali Holdings L.P. (the “Selling Stockholder”) and BofA Securities, Inc., acting for themselves and as representative of the several underwriters named in Schedule I to the Underwriting Agreement
  evidence_url: https://www.sec.gov/Archives/edgar/data/1751008/000119312524058014/0001193125-24-058014-index.htm

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