Pre-Open Stock Movers 12/03: (LGVN) (MRVL) (SMAR) Higher; (DOCU) (OLLI) (SWBI) Lower (more...)

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AppLovin (APP) Prices Upsized 7.5M Share Secondary Offering at $83/sh

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