AppLovin (APP) Launches 6.5M Share Secondary Offering
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/28/2026
- S&P 500 ends lower; chips tumble and Moderna rallies
- SpaceX weighs Starlink mobile service to US consumers, FT reports
- U.S. chip stocks retreat after Apple price hikes stoke fears over AI trade
- Morgan Stanley flags Fed hike risk if unemployment drops below 4%
- UBS trims AI portfolio exposure to semis and hardware after recent rally
AppLovin Announces Launch of Secondary Offering
December 2, 2021 4:12 PM ESTPALO ALTO, Calif.--(BUSINESS WIRE)-- AppLovin Corporation (Nasdaq: APP) (AppLovin), a leading marketing software company, today announced that certain of AppLovins stockholders, including KKR Denali Holdings L.P (the Selling Stockholders), intend to offer for sale in an underwritten secondary offering 6,500,000 shares of the Companys Class A common stock. KKR Denali Holdings L.P. will also grant the underwriters a 30-day option to purchase up to an additional 975,000 shares of Class A common stock. The Selling Stockholders will receive all of the proceeds from the offering. AppLovin is not offering any... More
