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Applied Digital's demand for payment and threat of litigation

Company: Applied Digital

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

The claim, verbatim

On June 5, 2025, Applied Digital provided Character Tech. with a draft complaint that it intended to file within 10 days if Character Tech. refused to remit payment for the outstanding GPU lease balance.

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: “On June 5, 2025, Applied Digital provided Character Tech. with a draft complaint that Applied Digital intended to file within 10 days if Character Tech. refused to remit payment.”

How we checked this

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

The document states the draft complaint, the June 5, 2025 date, and the 10-day filing intent conditioned on non-payment; the characterization as the outstanding lease balance is consistent with the payment demand described.

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: “On June 5, 2025, Applied Digital provided Character Tech. with a draft complaint that Applied Digital intended to file within 10 days if Character Tech. refused to remit payment.”

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