AppLovin Corp. Retains Quinn Emanuel Firm to Investigate Recent Short Report Activity

PALO ALTO, Calif.--(BUSINESS WIRE)--AppLovin Corporation, (NASDAQ: APP) (“AppLovin” or the “Company”) today announced that it has retained Alex Spiro, partner and Co-Chair of the Investigations, Government Enforcement & White Collar Defense Practice at Quinn Emanuel Urquhart & Sullivan, a nationally recognized legal firm with deep expertise in securities and corporate investigations, to conduct an independent review and investigation into recent short report activity targeting the Company.

This action reflects the Company’s unwavering commitment to transparency, integrity, and the protection of its business, shareholders, and stakeholders. The Company takes these matters seriously and is determined to thoroughly examine the circumstances and motivations behind the dissemination of misleading or inaccurate information.

“We are fully committed to defending the Company, its operations, and its reputation from those seeking to manipulate the market through false narratives,” said Adam Foroughi, Co-founder and Chief Executive Officer of AppLovin. “We will take all necessary steps to ensure the facts are known and to protect our employees, stockholders, and partners.”

For more information, visit AppLovin’s blog: www.applovin.com/blog/.

About AppLovin

AppLovin makes technologies that help businesses of every size connect to their ideal customers. The company provides end-to-end software and AI solutions for businesses to reach, monetize and grow their global audiences. For more information about AppLovin, visit: www.applovin.com.

Source: AppLovin Corp.