8-KEarnings & ResultsLeadership ChangesExhibits & Filings

AppLovin Corp 8-K Report, Financial Results (Nov 10, 2021)

Filed November 10, 2021For Securities:APP

Summary

AppLovin Corporation (APP) filed an 8-K on November 9, 2021, reporting on its financial results for the quarter ended September 30, 2021, which were announced on November 10, 2021. The filing includes a press release and a letter to shareholders detailing these results. While the specific financial figures are not detailed within the 8-K's text itself, these attached documents are critical for investors to understand the company's performance, revenue streams, and outlook. Investors should review Exhibits 99.1 and 99.2 for key performance indicators and management's commentary on the company's operational and financial condition. In addition to financial reporting, the 8-K announced a change in the board of directors. Cathy Sun resigned from the board but will continue her role as GM, New Initiatives. The company also appointed Alyssa Harvey Dawson as a new director and member of the Nominating and Corporate Governance Committee. Ms. Harvey Dawson brings significant legal and operational experience from companies like Gusto and Alphabet's Sidewalk Labs, which could be valuable to AppLovin's strategic direction and governance.

Key Highlights

  • 1AppLovin Corporation announced its financial results for the quarter ended September 30, 2021, via a press release and shareholder letter filed on November 10, 2021.
  • 2The press release and shareholder letter (Exhibits 99.1 and 99.2) are incorporated by reference and contain crucial financial and operational details for investors.
  • 3Cathy Sun resigned from the Board of Directors but will continue in her executive role as GM, New Initiatives.
  • 4Alyssa Harvey Dawson was appointed to the Board of Directors and the Nominating and Corporate Governance Committee.
  • 5Alyssa Harvey Dawson brings extensive legal and leadership experience from roles at Gusto, Sidewalk Labs (Alphabet), and Harman International Industries.
  • 6Ms. Harvey Dawson's appointment does not involve any related party transactions requiring disclosure under Regulation S-K.
  • 7Ms. Harvey Dawson will participate in the standard director compensation and indemnification arrangements.

Frequently Asked Questions

The specific financial results are not detailed within the body of the 8-K filing itself. They are contained in the "Press Release, dated November 10, 2021" (Exhibit 99.1) and the "Letter to Shareholders, dated November 10, 2021" (Exhibit 99.2) which are attached to this Form 8-K. Investors should refer to these exhibits for detailed financial performance data.

Cathy Sun's resignation from the Board is noted, but importantly, she will continue to serve the company in her executive capacity as GM, New Initiatives. This suggests a continued focus on her operational responsibilities rather than a departure from the company.

Alyssa Harvey Dawson brings a strong background in legal and corporate governance. Her experience as Chief Legal Officer at Gusto, General Counsel at Sidewalk Labs (an Alphabet subsidiary), and VP of Global Intellectual Property at Harman International Industries indicates significant expertise in areas relevant to a growing technology company, including legal strategy, intellectual property, and corporate governance.

Based on the filing, there are no disclosed arrangements between Ms. Harvey Dawson and the Company or other persons related to her appointment that require disclosure. Furthermore, the filing explicitly states there are no related party transactions between the Company and Ms. Harvey Dawson (or her immediate family members) requiring disclosure under Item 404(a) of Regulation S-K.