SCHEDULE 13G/A: KKR Completes Full Divestment of AppLovin Class A Common Stock
Beneficial Ownership Update
Investment firm KKR and its affiliated entities have fully divested their beneficial ownership in AppLovin Corp.'s Class A Common Stock as of December 31, 2024.
Summary
- KKR Denali Holdings L.P., KKR Denali Holdings GP LLC, KKR Americas Fund XII L.P., KKR Associates Americas XII L.P., KKR Americas XII Limited, KKR Group Partnership L.P., KKR Group Holdings Corp., KKR Group Co. Inc., KKR & Co. Inc., KKR Management LLP, Henry R. Kravis, and George R. Roberts (collectively, the "Reporting Persons") no longer beneficially own any shares of AppLovin Corp. Class A Common Stock.
- As of December 31, 2024, the aggregate amount beneficially owned by each Reporting Person is 0.00 shares, representing 0% of the class.
- This filing is Amendment No. 4 to the Schedule 13G previously filed, updating the beneficial ownership status.
Sentiment
Score: 5
Explanation: The document is a factual regulatory filing (Schedule 13G/A) reporting a change in beneficial ownership. Its tone is neutral, serving purely as a disclosure of KKR's complete divestment from AppLovin Corp. While the divestment itself could be interpreted by the market, the document's content is objective and non-promotional.
Future Outlook
NA
Industry Context
This filing reflects a significant institutional investor's complete exit from a position in a mobile technology and advertising company. While not directly indicative of broader industry trends, it highlights portfolio rebalancing decisions by major investment firms.
Stakeholder Impact
- Shareholders of AppLovin Corp. will note the complete exit of a major institutional investor (KKR and its affiliates) from the company's Class A Common Stock.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Date of event which requires filing of this statement (KKR's beneficial ownership reduced to 0%) |
| 02/12/2025 | Date of signing of the Schedule 13G/A Amendment No. 4 |
Keywords
AppLovin Corp, KKR, Schedule 13G/A, Beneficial Ownership, Class A Common Stock, Divestment, Investment Firm, SEC Filing
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