{
  "docId": "019dd923-622c-750b-8b97-b61650b69e06",
  "docSlug": "6c16913ce6b9",
  "documentTitle": "AppLovin (APP)",
  "authorId": "51_Muddy_Waters",
  "authorName": "Muddy Waters Research",
  "documentKindSlug": "activist-deck",
  "documentKindLabel": "Activist deck",
  "sourceTypeSlug": "short_seller",
  "sourceTypeLabel": "Short seller",
  "presentationDate": "2025-05-07 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.7777778,
  "pageNumber": 2,
  "pageCount": 16,
  "prevPage": 1,
  "nextPage": 3,
  "slideType": "appendix_disclosure",
  "function": "other",
  "density": "sparse",
  "nDataPoints": 0,
  "notes": "Standard Muddy Waters legal disclaimer page.",
  "elementsJson": [
    "paragraph",
    "callout_box",
    "logo_grid"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-622c-750b-8b97-b61650b69e06/2",
  "deckHref": "/decks/019dd923-622c-750b-8b97-b61650b69e06",
  "deckJsonHref": "/decks/019dd923-622c-750b-8b97-b61650b69e06.json",
  "deckAnchorHref": "/decks/019dd923-622c-750b-8b97-b61650b69e06#slide-2",
  "components": [
    {
      "bbox": null,
      "kind": "callout",
      "text": "As of the time and date of this report, Muddy Waters (defined below) is short the securities of, or derivatives linked to, Applovin Corporation (the “Covered Issuer”).",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd953-0936-7173-ab17-4f38987be4a7",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.9,
        "w": 0.9,
        "x": 0.05,
        "y": 0.05
      },
      "kind": "disclaimer",
      "text": "As of the time and date of this report, Muddy Waters (defined below) is short the securities of, or derivatives linked to, Applovin Corporation...",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "86a113e0-0458-4610-a5aa-238c45b88b72",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.07,
        "w": 0.11,
        "x": 0.87,
        "y": 0.03
      },
      "kind": "image",
      "text": "Muddy Waters Research logo",
      "attrs": null,
      "subkind": "logo",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "20a0eb65-e59e-4439-bec9-3fea35f7fe43",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.15,
        "x": 0.05,
        "y": 0.95
      },
      "kind": "paragraph",
      "text": "MUDDY WATERS RESEARCH",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "2e28647e-9ea4-4e0f-88f5-40039e5d6611",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.02,
        "x": 0.96,
        "y": 0.95
      },
      "kind": "paragraph",
      "text": "2",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "fe7c82a3-6b12-46e5-a122-2651d1f7e0f7",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}