jain.com

Rejection of Third Addendum termination terms

Company: Applied Digital

Subject kind
customer
Statement date
2026-07-23
Current status
stated

The claim, verbatim

Applied Digital did not accept or execute the Third Addendum dated July 29, 2024, asserting that the parties failed to accurately memorialize the offer regarding early termination of the GPU lease.

Source (primary)

Character Technologies, Inc. v. Applied Digital Corporation — Entry #32: OPINION AND ORDER: Applied Digital's Partial Motion to Dismiss in Character Tech., Court No (RECAP, court_filing)
View cached copy (2026-09-10)Live source ↗

Quote: “Applied Digital avers that it neither accepted nor executed the Third Addendum because Applied Digital did not agree with the terms, arguing that the Parties failed to accurately memorialize the offer.”

How we checked this

Checked on September 20, 2026. The cited source supports every part of this claim.

The document dates the Third Addendum to July 29, 2024, describes it as memorializing early termination, and states Applied Digital's refusal and memorialization argument.

Confirmed in the source:

What we did: Read our cached copy of RECAP (https://archive.org/download/gov.uscourts.ded.89549/gov.uscourts.ded.89549.32.0.pdf) in full (48,875 characters, retrieved September 10, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Character Technologies, Inc. v. Applied Digital Corporation — Entry #32: OPINION AND ORDER: Applied Digital's Partial Motion to Dismiss in Character Tech., Court No

Quote: “Applied Digital avers that it neither accepted nor executed the Third Addendum because Applied Digital did not agree with the terms, arguing that the Parties failed to accurately memorialize the offer.”

View cached copy (2026-09-10)Live source ↗