<SEC-DOCUMENT>0000950170-25-016258.txt : 20250207
<SEC-HEADER>0000950170-25-016258.hdr.sgml : 20250207
<ACCEPTANCE-DATETIME>20250207160503
ACCESSION NUMBER:		0000950170-25-016258
CONFORMED SUBMISSION TYPE:	SCHEDULE 13G/A
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20250207
DATE AS OF CHANGE:		20250207

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			AppLovin Corp
		CENTRAL INDEX KEY:			0001751008
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370]
		ORGANIZATION NAME:           	06 Technology
		IRS NUMBER:				453264542
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13G/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-93370
		FILM NUMBER:		25601660

	BUSINESS ADDRESS:	
		STREET 1:		1100 PAGE MILL RD
		CITY:			PALO ALTO
		STATE:			CA
		ZIP:			94304-1047
		BUSINESS PHONE:		(800) 839-9646

	MAIL ADDRESS:	
		STREET 1:		1100 PAGE MILL RD
		CITY:			PALO ALTO
		STATE:			CA
		ZIP:			94304-1047

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Applovin Corp
		DATE OF NAME CHANGE:	20180823

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Chen Herald Y
		CENTRAL INDEX KEY:			0001348636
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13G/A

	MAIL ADDRESS:	
		STREET 1:		1100 PAGE MILL ROAD
		CITY:			PALO ALTO
		STATE:			CA
		ZIP:			94304
</SEC-HEADER>
<DOCUMENT>
<TYPE>SCHEDULE 13G/A
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13g" xmlns:xsd="http://www.w3.org/2001/XMLSchema" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
  <headerData>
    <submissionType>SCHEDULE 13G/A</submissionType>
    <previousAccessionNumber>0001193125-24-254134</previousAccessionNumber>
    <filerInfo>
      <filer>
        <filerCredentials>
          <cik>0001348636</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
  </headerData>
  <formData>
    <coverPageHeader>
      <amendmentNo>4</amendmentNo>
      <securitiesClassTitle>Class A common stock, par value $0.00003 per share</securitiesClassTitle>
      <eventDateRequiresFilingThisStatement>12/31/2024</eventDateRequiresFilingThisStatement>
      <issuerInfo>
        <issuerCik>0001751008</issuerCik>
        <issuerName>AppLovin Corporation</issuerName>
        <issuerCusip>03831W108</issuerCusip>
        <issuerPrincipalExecutiveOfficeAddress>
          <street1 xmlns="http://www.sec.gov/edgar/common">1100 Page Mill Road</street1>
          <city xmlns="http://www.sec.gov/edgar/common">Palo Alto</city>
          <stateOrCountry xmlns="http://www.sec.gov/edgar/common">CA</stateOrCountry>
          <zipCode xmlns="http://www.sec.gov/edgar/common">94304</zipCode>
        </issuerPrincipalExecutiveOfficeAddress>
      </issuerInfo>
      <designateRulesPursuantThisScheduleFiled>
        <designateRulePursuantThisScheduleFiled>Rule 13d-1(d)</designateRulePursuantThisScheduleFiled>
      </designateRulesPursuantThisScheduleFiled>
    </coverPageHeader>
    <coverPageHeaderReportingPersonDetails>


      <reportingPersonName>Herald Chen</reportingPersonName>
      <memberGroup>a</memberGroup>
      <citizenshipOrOrganization>X1</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0</soleVotingPower>
        <sharedVotingPower>3408887</sharedVotingPower>
        <soleDispositivePower>3218877</soleDispositivePower>
        <sharedDispositivePower>190000</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>3408887</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>1.1</classPercent>
      <typeOfReportingPerson>IN</typeOfReportingPerson>
      <comments>For additional information regarding row 11, see Item 4.</comments>
    </coverPageHeaderReportingPersonDetails>
    <items>
      <item1>
        <issuerName>AppLovin Corporation</issuerName>
        <issuerPrincipalExecutiveOfficeAddress>1100 Page Mill Road, Palo Alto, California 94304</issuerPrincipalExecutiveOfficeAddress>
      </item1>
      <item2>
        <filingPersonName>Herald Chen</filingPersonName>
        <principalBusinessOfficeOrResidenceAddress>c/o AppLovin Corporation
1100 Page Mill Road
Palo Alto, California 94304</principalBusinessOfficeOrResidenceAddress>
        <citizenship>The Reporting Person is a United States citizen.</citizenship>
      </item2>
      <item3>
        <notApplicableFlag>Y</notApplicableFlag>
      </item3>
      <item4>
        <amountBeneficiallyOwned>The reporting person holds a total of 3,408,877 shares of common stock of the Issuer, based on (i) 621,209 shares of Class A Common Stock of the Issuer held by the reporting person, (ii) 190,000 shares of Class A Common Stock of the Issuer held by Herald Y. &amp; Mei K. Chen, as trustees of The Chen Family 2012 Irrevocable Trust, for which the reporting person and his spouse serve as co-trustees (the "Chen Family Trust"), (iii) 717,467 shares of Class B Common Stock of the Issuer held by the reporting person, and (iv) 1,880,201 shares of Class A Common Stock of the Issuer subject to options held by Mr. Chen that are exercisable within 60 days of December 31, 2024. The ownership percentage in Row 11 of the cover page is calculated based on 309,353,198 shares of Class A Common Stock outstanding as of December 31, 2024, as reported by the Issuer to the reporting person, plus the assumed exercise, as applicable of 1,880,201 shares of Class A Common Stock subject to options, and conversion of 717,467 shares of Class B Common Stock deemed beneficially owned by Mr. Chen into shares of Class A Common Stock.

Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date. Each share of Class B Common Stock is entitled to twenty votes per share, whereas each share of Class A Common Stock is entitled to one vote per share. The rights of the holders of Class A Common Stock and Class B Common Stock are identical, except with respect to the aforementioned conversion rights and voting rights.

In addition, Mr. Chen and Adam Foroughi, co-founder, Chief Executive Officer, and the Chairperson of the board of directors of the Issuer (collectively with certain affiliates, the "Voting Agreement Parties") are parties to a Voting Agreement (the "Voting Agreement"), which contains certain provisions relating to voting of securities of the Issuer by the parties thereto. Pursuant to the Voting Agreement, together, Mr. Foroughi and Mr. Chen have the authority to direct the vote of all shares of Class B Common Stock, and all other shares of capital stock of the Issuer, held by the Voting Agreement Parties and their respective permitted entities and permitted transferees on all matters to be voted upon by stockholders.

By virtue of the Voting Agreement and the obligations and rights thereunder, the reporting person acknowledges and agrees that he is acting as a "group" within the meaning of Section 13(d) of the Securities Exchange Act of 1934 with the other Voting Agreement Parties and/or certain of their affiliates. The reporting person expressly disclaims beneficial ownership over any shares of Class A Common Stock or Class B Common Stock that he may be deemed to beneficially own solely by reason of the Voting Agreement. Mr. Foroughi has separately made a Schedule 13G filing reporting his beneficial ownership of shares of Class A Common Stock.

Pursuant to an equity exchange right agreement entered into between the Issuer and Mr. Chen (the "Equity Award Exchange Agreement"), Mr. Chen has a right (but not an obligation) to require the Issuer to exchange any shares of Class A Common Stock received upon the exercise of options to purchase shares of Class A Common Stock for an equivalent number of shares of Class B Common Stock. This right applies only to equity awards granted to Mr. Chen prior to the effectiveness of the filing of the Issuer's amended and restated certificate of incorporation in connection with the Issuer's initial public offering. As of December 31, 2024, there were 1,880,201 shares of Class A Common Stock subject to options held by Mr. Chen subject to the Equity Award Exchange Agreement that may be exchanged, upon exercise, for an equivalent number of shares of Class B Common Stock.</amountBeneficiallyOwned>
        <classPercent>See Item 4(a) above.</classPercent>
        <numberOfSharesPersonHas>
          <solePowerOrDirectToVote>See Row 5 of cover page</solePowerOrDirectToVote>
          <sharedPowerOrDirectToVote>See Row 6 of cover page.</sharedPowerOrDirectToVote>
          <solePowerOrDirectToDispose>See Row 7 of cover page.</solePowerOrDirectToDispose>
          <sharedPowerOrDirectToDispose>See Row 8 of cover page.</sharedPowerOrDirectToDispose>
        </numberOfSharesPersonHas>
      </item4>
      <item5>
        <notApplicableFlag>Y</notApplicableFlag>
      </item5>
      <item6>
        <notApplicableFlag>Y</notApplicableFlag>
      </item6>
      <item7>
        <notApplicableFlag>Y</notApplicableFlag>
      </item7>
      <item8>
        <notApplicableFlag>N</notApplicableFlag>
        <identificationAndClassificationOfGroupMembers>See Item 4 above.</identificationAndClassificationOfGroupMembers>
      </item8>
      <item9>
        <notApplicableFlag>Y</notApplicableFlag>
      </item9>
      <item10>
        <notApplicableFlag>Y</notApplicableFlag>
      </item10>
    </items>
    <signatureInformation>
      <reportingPersonName>Herald Chen</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Herald Chen</signature>
        <title>Herald Chen</title>
        <date>02/07/2025</date>
      </signatureDetails>
    </signatureInformation>
  </formData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
