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Applovin(APP.US) 10% Shareholder Sells US$1.63 Billion in Common Stock

Moomoo News ·  Nov 26 05:35

$Applovin (APP.US)$ 10% Shareholder KKR Denali Holdings L.P. sold 5.27 million shares of common stock on Nov 21, 2024 at an average price of $309.9705 for a total value of $1.63 billion.

This transaction involves other related parties: KKR Denali Holdings GP LLC, KKR Americas Fund XII L.P., KKR Associates Americas XII L.P., KKR Americas XII Ltd, KKR Group Partnership L.P., KKR Group Holdings Corp., KKR Group Co. Inc., KKR & Co. Inc., KKR Management LLP, KRAVIS HENRY R and ROBERTS GEORGE R.

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What is statement of changes in beneficial ownership of securities?

It is a requirement under federal securities laws that mandates individuals, including officers, directors, and those who hold more than 10% of any class of a company's securities (collectively known as "insiders"), to report their purchases, sales, and holdings of their company's securities by submitting Forms 3, 4, and 5.

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