Company: APPN
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0001441683-25-000017
Chunk: 60

Company: APPIAN CORP
Filing Date: 2025-02-19
Form: 10-K
Item: Item 1A
Chunk 60
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 of $12.00 per share, our stock price has ranged from an intraday low of $14.60 to an intraday high of $260.00 through February 17, 2025. Factors that may affect the market price of our Class A common stock and our ability to raise capital through the sale of additional equity securities include:

•Actual or anticipated fluctuations in our financial condition and operating results;

•Variance in our financial performance from expectations of securities analysts;

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•Changes in the prices of subscriptions to our platform;

•Changes in our projected operating and financial results;

•Changes in laws or regulations applicable to our platform;

•Announcements by us or our competitors of significant business developments, acquisitions, or new offerings;

•Our involvement in any litigation;

•Our sale of our Class A common stock or other securities in the future;

•Changes in senior management or key personnel;

•The trading volume of our Class A common stock;

•Trading activity by any of our four large stockholders who collectively owned approximately 50% of our publicly traded Class A common stock as of December 31, 2024;

•Changes in the anticipated future size and growth rate of our market; and

•General economic, regulatory, and market conditions.

The stock markets have experienced extreme price and volume fluctuations that have affected and continue to affect the market prices of equity securities of many companies, particularly during this time of uncertainty with increasing interest rates, inflation, and the prospects of a recession. These fluctuations have often been unrelated or disproportionate to the operating performance of those companies. Broad market and industry fluctuations, as well as general economic, political, regulatory, and market conditions, may negatively impact the market price of our Class A common stock. In the past, companies that have experienced volatility in the market price of their securities have been subject to securities class action litigation. We may be the target of this type of litigation in the future, which could result in substantial costs and divert our management’s attention.

If securities or industry analysts do not publish research or reports about our business, or publish negative reports about our business, our stock price and trading volume could decline.

The trading market for our Class A common stock depends, in part, on the research and reports securities or industry analysts publish about us or our business. We do not have any control over these analysts. If our financial performance fails to meet analyst estimates or one or more of the analysts who cover us downgrade our shares or change their opinion of our shares, our share price would