SEC confirms ongoing probe into AppLovin

The U.S. Securities and Exchange Commission has confirmed that its investigation involving AppLovin remains active, according to statements provided to Bloomberg News.

In correspondence responding to a request for internal records, the SEC declined to release documents tied to the matter, stating that disclosure could interfere with an ongoing enforcement proceeding. The regulator indicated that making certain materials public could risk revealing investigative strategies, identifying cooperating witnesses, or compromising evidence.

The agency has not detailed the specific focus or scope of the inquiry. No charges or formal allegations have been announced against the company or its executives.

The investigation was first reported last year and was said to have been prompted by a whistleblower submission and reports published by short sellers. Since then, the regulator has provided limited public information about the status of the review beyond confirming that it remains underway.

AppLovin has not issued a public statement in response to the SEC’s latest confirmation.