AppLovin Files 8-K for Financial Results & Other Events
Ticker: APP · Form: 8-K · Filed: Feb 14, 2024 · CIK: 1751008
Sentiment: neutral
Topics: 8-K filing, financial disclosure, corporate update
TL;DR
AppLovin just filed an 8-K for **financial results and other events**, so keep an eye out for the details!
AI Summary
AppLovin Corporation filed an 8-K on February 14, 2024, to report on 'Results of Operations and Financial Condition' and 'Other Events'. This filing, under SEC File Number 001-40325, indicates the company's disclosure of its latest financial performance and potentially other material corporate developments. The registrant's principal executive offices are located at 1100 Page Mill Road, Palo Alto, California 94304.
Why It Matters
This filing signals AppLovin's disclosure of its latest financial performance and potentially other significant corporate developments, providing investors with crucial updates for decision-making. Investors should await the full details of the reported results and events.
Risk Assessment
Risk Level: medium — The filing itself is procedural, indicating future disclosure, but the underlying financial results or other events could carry varying levels of risk once detailed.
Key Numbers
- 001-40325 — SEC File Number (Identifies the registrant's filing with the SEC)
- 0001751008 — Central Index Key (CIK) (Unique identifier for AppLovin Corp.)
- 45-3264542 — IRS Employer Identification No. (Tax identification for AppLovin Corp.)
Key Players & Entities
- AppLovin Corporation (company) — Registrant
- Delaware (company) — State of incorporation
- Palo Alto (company) — City of principal executive offices
- February 14, 2024 (date) — Date of earliest event reported
FAQ
What is the exact name of the registrant as specified in its charter?
The exact name of the registrant is AppLovin Corporation.
What is the date of the earliest event reported in this 8-K filing?
The date of the earliest event reported is February 14, 2024.
What specific items are mentioned under 'ITEM INFORMATION' in this 8-K filing?
The items mentioned are 'Results of Operations and Financial Condition', 'Other Events', and 'Financial Statements and Exhibits'.
What is the address of AppLovin Corporation's principal executive offices?
The address of the principal executive offices is 1100 Page Mill Road, Palo Alto, California 94304.
What is AppLovin Corporation's Commission File Number?
AppLovin Corporation's Commission File Number is 001-40325.
Filing Stats: 692 words · 3 min read · ~2 pages · Grade level 11.4 · Accepted 2024-02-14 16:07:34
Key Financial Figures
- $0.00003 — tered Class A common stock, par value $0.00003 per share APP The Nasdaq Stock Market L
- $2.2 million — As of February 8, 2024, approximately $2.2 million remained available under AppLovin's sha
- $1.25 billion — s of AppLovin authorized an increase of $1.25 billion such that up to $1.252 billion of Class
- $1.252 billion — crease of $1.25 billion such that up to $1.252 billion of Class A Common Stock may be repurcha
Filing Documents
- app-20240214.htm (8-K) — 28KB
- exhibit991-pressreleasedat.htm (EX-99.1) — 7KB
- exhibit992-applovinx4q23.htm (EX-99.2) — 46KB
- exhibit992-applovinx4q23001.jpg (GRAPHIC) — 66KB
- exhibit992-applovinx4q23002.jpg (GRAPHIC) — 245KB
- exhibit992-applovinx4q23003.jpg (GRAPHIC) — 142KB
- exhibit992-applovinx4q23004.jpg (GRAPHIC) — 142KB
- exhibit992-applovinx4q23005.jpg (GRAPHIC) — 158KB
- exhibit992-applovinx4q23006.jpg (GRAPHIC) — 87KB
- exhibit992-applovinx4q23007.jpg (GRAPHIC) — 65KB
- exhibit992-applovinx4q23008.jpg (GRAPHIC) — 218KB
- exhibit992-applovinx4q23009.jpg (GRAPHIC) — 301KB
- exhibit992-applovinx4q23010.jpg (GRAPHIC) — 208KB
- exhibit992-applovinx4q23011.jpg (GRAPHIC) — 178KB
- exhibit992-applovinx4q23012.jpg (GRAPHIC) — 166KB
- exhibit992-applovinx4q23013.jpg (GRAPHIC) — 195KB
- exhibit992-applovinx4q23014.jpg (GRAPHIC) — 86KB
- exhibit992-applovinx4q23015.jpg (GRAPHIC) — 114KB
- exhibit992-applovinx4q23016.jpg (GRAPHIC) — 136KB
- exhibit992-applovinx4q23017.jpg (GRAPHIC) — 129KB
- exhibit992-applovinx4q23018.jpg (GRAPHIC) — 149KB
- exhibit992-applovinx4q23019.jpg (GRAPHIC) — 25KB
- 0001751008-24-000004.txt ( ) — 4093KB
- app-20240214.xsd (EX-101.SCH) — 2KB
- app-20240214_lab.xml (EX-101.LAB) — 23KB
- app-20240214_pre.xml (EX-101.PRE) — 12KB
- app-20240214_htm.xml (XML) — 3KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition On February 14, 2024, AppLovin Corporation ("AppLovin" or the "Company") issued a press release announcing its financial results for the quarter ended December 31, 2023 and issued a letter to its shareholders. A copy of the press release and shareholder letter are attached as Exhibits 99.1 and 99.2 to this current report on Form 8-K and are incorporated by reference herein. The information in this Item 2.02 of this current report on Form 8-K and the related exhibits attached hereto shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act") or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation language in such filing.
01 Other Events
Item 8.01 Other Events. As of February 8, 2024, approximately $2.2 million remained available under AppLovin's share repurchase program. On February 8, 2024, the Board of Directors of AppLovin authorized an increase of $1.25 billion such that up to $1.252 billion of Class A Common Stock may be repurchased under the share repurchase program following this increase. Repurchases may be made from time to time through open market purchases or through privately negotiated transactions subject to market conditions, applicable legal requirements and other relevant factors. Open market repurchases may be structured to occur in accordance with the requirements of Rule 10b-18. AppLovin may also, from time to time, enter into Rule 10b5-1 plans to facilitate repurchases of its shares under this authorization. The repurchase program does not obligate AppLovin to acquire any particular amount of its Class A common stock, and may be suspended at any time at AppLovin's discretion.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits (d) Exhibits: Exhibit No. Exhibit Description 99.1 Press Release, dated February 14, 2024 . 99.2 L etter to Shareholders, dated February 14, 2024 . 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. APPLOVIN CORPORATION Date: February 14, 2024 /s/ Matthew A. Stumpf Matthew A. Stumpf Chief Financial Officer