AppLovin to sell mobile gaming business for $900M; CMO resigns

AppLovin Corp

CMO Katie Jansen resigns effective March 14, 2025; no disagreement on operations, policies, or procedures.
Company entered non-binding term sheet to sell mobile gaming business to private acquirer for $900M total consideration.
Consideration: $400M in acquirer's equity and $500M cash, subject to customary purchase price adjustments.
Acquirer may borrow up to $250M of cash portion; if unable, AppLovin agrees to provide financing via promissory note.
Term sheet includes exclusivity and good-faith negotiation; definitive agreements remain to be finalized.

item 5.02 item 8.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Katie Jansen

Chief Marketing Officer

APP · AppLovin Corp

Effective: 2025-03-14
Filed: February 12, 2025, 6:59 PM ET

On February 10, 2025, Katie Jansen, the Chief Marketing Officer of AppLovin Corporation (the “Company”), tendered her resignation from her position with the Company effective March 14, 2025.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Katie Jansen resigned as Chief Marketing Officer at AppLovin Corp.

Action: resigned
Role: Chief Marketing Officer

Exact text from the filing

On February 10, 2025, Katie Jansen, the Chief Marketing Officer of AppLovin Corporation (the “Company”), tendered her resignation from her position with the Company effective March 14, 2025.

View on SEC.gov

AppLovin Corp filing history →

Source: SEC EDGAR

accession 0001751008-25-000008

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.