Angel Pride Amends AppLovin Class A Stock Ownership on 13G/A

TL;DR

**Angel Pride Holdings just updated their AppLovin stock ownership, signaling a potential shift in their investment.**

AI Summary

Angel Pride Holdings Limited filed an SC 13G/A on February 9, 2024, indicating an amendment to their ownership of AppLovin Corporation's Class A Common Stock as of December 31, 2023. This filing is an amendment (Amendment No. 1) to a previous Schedule 13G, filed under Rule 13d-1(d). This matters to investors because it updates the public record on a significant shareholder's position, potentially signaling a change in their investment strategy or a reclassification of their holding, which can influence market perception of AppLovin.

Why It Matters

This filing updates the public record on Angel Pride Holdings Limited's stake in AppLovin, providing transparency on a major shareholder's position and any changes to it.

Risk Assessment

Risk Level: low — This filing is a routine update on a passive investment, not indicating any immediate or significant risk.

Analyst Insight

Investors should note this filing as an update to a significant shareholder's position, but without further details on the change in ownership (which would be in the full filing), it primarily serves as a record-keeping update rather than a strong buy/sell signal.

Key Numbers

• 03831W108 — CUSIP Number (Identifies AppLovin Corporation's Class A Common Stock)
• December 31, 2023 — Date of Event (The date for which the ownership information is being reported)
• February 9, 2024 — Filing Date (The date the SC 13G/A was filed with the SEC)

Key Players & Entities

• Angel Pride Holdings Limited (company) — Reporting Person and shareholder of AppLovin Corporation
• AppLovin Corporation (company) — Issuer of the Class A Common Stock
• LING TANG (person) — Group Member associated with the filing
• 06 Technology (company) — Group Member associated with the filing

Forward-Looking Statements

• Angel Pride Holdings Limited will maintain a passive investment stance in AppLovin Corporation. (Angel Pride Holdings Limited) — high confidence, target: Next 12 months

FAQ

Key Financial Figures

• $0.00003 — ties: Class A Common Stock, par value $0.00003 per share (Class A Common Stock). (e)

Filing Documents

• d733231dsc13ga.htm (SC 13G/A) — 54KB
• 0001193125-24-030014.txt ( ) — 56KB

From the Filing

SC 13G/A 1 d733231dsc13ga.htm SC 13G/A SC 13G/A Securities and Exchange Commission Washington, D.C. 20549 Schedule 13G (Rule 13d-102) Information to be Included in Statements Filed Pursuant to 240.13d-1(b), (c) and (d) and Amendments Thereto Filed Pursuant to 240.13d-2 UNDER THE SECURITIES EXCHANGE ACT OF 1934 (Amendment No. 1)* AppLovin Corporation (Name of Issuer) Class A Common Stock (Title of Class of Securities) 03831W108 (CUSIP Number) December 31, 2023 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: Rule 13d-1(b) Rule 13d-1(c) Rule 13d-1(d) * The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 03831W108 Schedule 13G Page 1 of 6 1 Names of Reporting Persons Angel Pride Holdings Limited 2 Check the Appropriate Box if a Member of a Group (a)(b) 3 SEC Use Only 4 Citizenship or Place of Organization British Virgin Islands Number of Shares Beneficially Owned by Each Reporting Person With 5 Sole Voting Power 0 6 Shared Voting Power 20,493,747 7 Sole Dispositive Power 0 8 Shared Dispositive Power 20,493,747 9 Aggregate Amount Beneficially Owned by Each Reporting Person 20,493,747 10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares Not Applicable 11 Percent of Class Represented by Amount in Row 9 7.7% 12 Type of Reporting Person CO CUSIP No. 03831W108 Schedule 13G Page 2 of 6 1 Names of Reporting Persons Ling Tang 2 Check the Appropriate Box if a Member of a Group (a)(b) 3 SEC Use Only 4 Citizenship or Place of Organization Canada Number of Shares Beneficially Owned by Each Reporting Person With 5 Sole Voting Power 0 6 Shared Voting Power 20,493,747 7 Sole Dispositive Power 0 8 Shared Dispositive Power 20,493,747 9 Aggregate Amount Beneficially Owned by Each Reporting Person 20,493,747 10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares Not Applicable 11 Percent of Class Represented by Amount in Row 9 7.7% 12 Type of Reporting Person IN CUSIP No. 03831W108 Schedule 13G Page 3 of 6 ITEM1. (a) Name of Issuer: AppLovin Corporation (the Issuer). (b) Address of Issuers Principal Executive Offices: 1100 Page Mill Road, Palo Alto, CA 94304 ITEM2. (a) Name of Person Filing: Each of the following is hereinafter individually referred to as a Reporting Person and collectively as the Reporting Persons. This statement is filed on behalf of: Angel Pride Holdings Limited (Angel Pride) Ling Tang (b) Address or Principal Business Office: The principal business address for Angel Pride is Vistra Corporate Services Centre, Wickhams Cay II, Road Town, Tortola, VG1110, British Virgin Islands. The address for Ling Tang is Unit 11, 22/F., Global Gateway Tower, Nos. 61 - 63 Wing Hong Street, Lai Chi Kok, Kowloon, Hong Kong. (c) Citizenship of each Reporting Person is: Angel Pride is organized under the laws of the British Virgin Islands. Ling Tang is a citizen of Canada. (d) Title of Class of Securities: Class A Common Stock, par value $0.00003 per share (Class A Common Stock). (e) CUSIP Number: 03831W108 ITEM3. Not applicable. CUSIP No. 03831W108 Schedule 13G Page 4 of 6 ITEM4. (a-c) The ownership information presented below represents beneficial ownership of Class A Common Stock of the Issuer as of December 31, 2023, based upon 264,638,950 shares of Class A Common Stock outstanding as of November 2, 2023, as disclosed in the Issuers Quarterly Report as filed with the Securities and Exchange Commission on November 8, 2023. Reporting Person Amount beneficially owned Percent of class: Sole power to vote or to direct the vote: Shared power to vote or to direct the vote: Sole power to dispose or to direct the disposition of: Shared power to dispose or to direct the disposition of: Angel Pride Holdings Limited 20,493,747 7.7 % 0 20,493,747 0 20,493,747 Ling Tang 20,493,747 7.7 % 0 20,493,747 0 20,493,747 These shares are held of record by Angel Pride, of which Ling Tang is the shareholder and sole director. Ms. Tang holds voting and investment discretion over the shares held by Angel Pride and may be deemed to share beneficial ownership over such shares. ITEM5.

View Full Filing

View this SC 13G/A filing on SEC EDGAR