On April 14, 2021, AppLovin announced the pricing of its initial public offering of its Class A common stock at a price of $80.00 per share. Wilson Sonsini Goodrich & Rosati advised AppLovin on the offering.

AppLovin is offering 22,500,000 shares of its Class A common stock and KKR Denali Holdings L.P. is offering 2,500,000 shares of Class A common stock. In connection with the offering, the underwriters will have the option to purchase up to an additional 3,750,000 shares from KKR Denali Holdings L.P. The shares began trading on the Nasdaq Global Select Market on April 15, 2021, under the symbol “APP." The offering is expected to close on April 19, 2021, subject to customary closing conditions.

The Wilson Sonsini team advising AppLovin includes:

Corporate
Rezwan Pavri
Lisa Stimmell
Andrew Hill
Lang Liu
Gordon Grafft
Grecia Barboza
Alex Kwok
Matt Maricic

Employee Benefits and Compensation
David Thomas
Brandon Gantus
Matthew Norgard

Delaware Law and Governance
Amy Simmerman
Ryan Greecher

Please see AppLovin’s press release for more information.