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

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AppLovin Announces Pricing of Upsized Secondary Offering

December 3, 2021 9:28 AM EST

PALO ALTO, Calif.--(BUSINESS WIRE)-- AppLovin Corporation (Nasdaq: APP) (AppLovin), 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... More