SCHEDULE 13G/A: AppLovin Corporation: Key Investors Disclose Passive Stake Below 5% Threshold
Beneficial Ownership Report
An amended Schedule 13G filing reveals that Midterm Success Limited, Asian Creative Capital Limited, Discovery Key Investments Limited, and Hao Tang collectively hold a passive stake of 4.0% in AppLovin Corporation's Class A common stock as of December 31, 2024.
Summary
- Midterm Success Limited, Asian Creative Capital Limited, Discovery Key Investments Limited, and Hao Tang have filed an amended Schedule 13G regarding their beneficial ownership of AppLovin Corporation's Class A common stock.
- As of December 31, 2024, the reporting persons collectively beneficially own 11,969,535 shares of Class A common stock, representing 4.0% of the class.
- This ownership percentage is based on 298,667,774 shares of Common Stock outstanding as of November 1, 2024, as disclosed in AppLovin's Form 10-Q.
- Midterm Success Limited and Asian Creative Capital Limited each report shared beneficial ownership of 9,969,535 shares, equating to 3.3% of the class.
- Discovery Key Investments Limited reports shared beneficial ownership of 2,000,000 shares, equating to 0.7% of the class.
- Mr. Hao Tang is the sole shareholder of Asian Creative Capital Limited (which is the sole shareholder of Midterm Success Limited) and also the sole shareholder of Discovery Key Investments Limited, leading to his aggregate shared beneficial ownership of 11,969,535 shares (4.0%).
- The securities are not held for the purpose of changing or influencing the control of AppLovin Corporation, indicating a passive investment stance.
Sentiment
Score: 5
Explanation: The document is a factual regulatory filing (Schedule 13G) disclosing beneficial ownership, which inherently carries a neutral sentiment as it does not contain performance results, forward-looking statements, or strategic updates.
Future Outlook
NA
Industry Context
NA
Stakeholder Impact
- Shareholders: Provides transparency on significant passive ownership stakes, confirming the beneficial ownership structure of certain investors.
Key Dates
| Date | Description |
|---|---|
| 11/01/2024 | Date as of which AppLovin Corporation's shares outstanding were reported in its Form 10-Q (298,667,774 shares). |
| 12/31/2024 | Date of the event which requires the filing of this statement (ownership snapshot date). |
| 01/30/2025 | Date the Schedule 13G Amendment No. 1 was signed and filed. |
Keywords
AppLovin Corporation, Class A common stock, Schedule 13G, beneficial ownership, passive investment, Midterm Success Limited, Asian Creative Capital Limited, Discovery Key Investments Limited, Hao Tang, SEC filing
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