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Joint venture with Foundry Technologies (Sai-Foundry)

Company: Applied Digital

Subject kind
partnership
Statement date
2023-08-01
Promised amount
98.0 percent
Current status
stated

The claim, verbatim

98% ownership interest in Sai-Foundry joint venture entity with Foundry Technologies, consolidated

Source (primary)

Applied Digital 10-K filed 2023-08-02 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗

Quote: “Sai-Foundry will serve as the joint venture entity between the Company and Foundry Technologies ("Foundry"). We have a 98% ownership interest in Sai-Foundry and consolidate the entity.”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms Applied Digital 10-K filed 2023-08-02

Quote: “Sai-Foundry will serve as the joint venture entity between the Company and Foundry Technologies ("Foundry"). We have a 98% ownership interest in Sai-Foundry and consolidate the entity.”

View cached copy (2026-09-13)Live source ↗