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Financial markets

AppLovin Corporation Files Registration Statement for Proposed Initial Public Offering

Strategic Insights

— 1 min read

AppLovin Corporation, a global technology platform for developers, has announced that it has publicly filed a registration statement with the U.S. Securities and Exchange Commission (SEC) for a proposed initial public offering (IPO) of its common stock. The number of shares to be offered and the price range for the proposed offering have not yet been determined. AppLovin has applied to list its common stock on the Nasdaq Stock Market under the symbol "APP." The company is backed by prominent investment banks, including Morgan Stanley, J.P. Morgan, KKR Capital Markets, LLC, and Goldman Sachs & Co. LLC. The proposed offering will be made only by means of a prospectus, and a registration statement has been filed with the SEC but has not yet become effective.

Key Takeaways:

  • AppLovin Corporation has filed a registration statement with the SEC for a proposed IPO of its common stock.
  • The number of shares to be offered and the price range for the proposed offering have not yet been determined.
  • AppLovin has applied to list its common stock on the Nasdaq Stock Market under the symbol "APP."
  • Morgan Stanley, J.P. Morgan, KKR Capital Markets, LLC, and Goldman Sachs & Co. LLC are among the lead book-running managers for the proposed offering.
  • The proposed offering will be made only by means of a prospectus, and a registration statement has been filed with the SEC but has not yet become effective.
  • AppLovin's global technology platform provides developers with a powerful, integrated set of solutions to grow their businesses.
  • The company is headquartered in Palo Alto, California, with several offices globally.

Statistics:

  • AppLovin's proposed IPO filing is a significant step in the company's growth and expansion.
  • The number of shares to be offered and the price range for the proposed offering have yet to be determined.
  • The registration statement has not yet become effective.

Sources:

  • "AppLovin Corporation Files Registration Statement for Proposed Initial Public Offering." BusinessWire, 2 Mar. 2021, https://www.businesswire.com/news/home/20210302006177/en/.

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