Company: APPF
Filing Date: 2025-04-17
Form Type: 8-K
Source: 0001433195-25-000041
Chunk: 0

Company: APPFOLIO INC
Filing Date: 2025-04-17
Form: 8-K
Item: Item 8.01
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Item 8.01 Other Events

On April 11, 2025, AppFolio, Inc. ("AppFolio"), entered into a strategic partnership (the "Strategic Partnership") with Second Nature Brands, Inc. ("Second Nature") that will, among other things, enable AppFolio's property management customers to also offer Second Nature's suite of residential property services within the AppFolio Stack™ partner ecosystem. On April 17, 2025, AppFolio issued a press release announcing the Strategic Partnership with Second Nature. A copy of the press release is filed herewith as Exhibit 99.1 to this Current Report on Form 8-K.

In connection with entering into the Strategic Partnership, on April 11, 2025, AppFolio purchased a minority, non-controlling equity interest in Second Nature Holdings, L. P., the indirect parent of Second Nature, for $75 million, paid with cash on hand.

Item 9.01 Financial Statements and Exhibits.