AppLovin (APP) Launches 6.5M Share Secondary Offering
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December 3, 2021 9:28 AM EST
AppLovin Corporation (Nasdaq: APP), a leading marketing software company, today announced the pricing of its upsized underwritten offering of 7,500,000 shares of its Class A common stock, at a public offering price of $83.00 per share, with all shares offered by certain of AppLovins stockholders, including KKR Denali Holdings L.P (the Selling Stockholders). KKR Denali Holdings L.P. has also granted the underwriters a 30-day option to purchase up to an additional 1,125,000 shares of Class A common stock. The offering is expected to close on December 7, 2021, subject to customary closing conditions. The Selling Stockholders... More
December 2, 2021 6:19 AM EST
BTIG analyst Clark Lampen raised the price target on AppLovin Corp (NASDAQ: APP) to $128.00 (from $116.00) while maintaining a Buy rating.... More
