AppLovin Corp

AppLovin Corp (APP) priced its initial public offering on Apr 15, 2021 at $80.00 per share, raising $2B, and listed on Nasdaq Global Select. At the IPO price its market capitalization was about $16.8B. Morgan Stanley was lead-left underwriter, joined by J.P. Morgan, BofA Securities and Citigroup and others. Wilson Sonsini advised the company and Fenwick & West advised the underwriters.

AppLovin Corp provides software that helps mobile app developers market and monetize their apps through automation and optimization tools. It also owns and operates a portfolio of mobile apps and has grown through acquisitions and partnerships.

Status

IPO

Ticker

APP

Exchange

Nasdaq Global Select

Priced

Apr 15, 2021

IPO price

$80.00

Raised

$2B

Market cap at IPO price

$16.8B

First filed

Mar 2, 2021

Underwriters

Morgan Stanley, J.P. Morgan, BofA Securities, Citigroup, Credit Suisse, UBS, Oppenheimer, Stifel, Truist, William Blair, Blaylock Van and Guzman & Company

Company counsel

Wilson Sonsini

Underwriters' counsel

Fenwick & West

Sector

Technology

Country / state

CA

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.