AppFolio Inc. filed SEC Form 8-K: Other Events, Financial Statements and Exhibits
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Computer Software: Prepackaged Software
Technology
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): April 11, 2025
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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.
(d) Exhibits:
Exhibit Number | Description | |||||||
| 99.1 | ||||||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | |||||||
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Date: April 17, 2025 | AppFolio, Inc. | ||||||||||
| By: /s/ Evan Pickering | |||||||||||
| Name: Evan Pickering | |||||||||||
| Title: General Counsel and Corporate Secretary | |||||||||||