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At Market Issuance Sales Agreement for up to $125 million in common stock

Company: Applied Digital

Subject kind
financing
Statement date
2023-06-25
Promised amount
125000000.0 USD
Current status
stated

The claim, verbatim

Applied Digital entered into an At Market Issuance Sales Agreement with Craig-Hallum Capital Group LLC, pursuant to which the Company may offer and sell up to $125,000,000 of shares of its common stock from time to time.

Source (primary)

Applied Digital 8-K filed 2023-06-26 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗

Quote: “the Company entered into an At Market Issuance Sales Agreement (the "Sales Agreement") with Craig-Hallum Capital Group LLC. (the "Sales Agent"), pursuant to which the Company may offer and sell, from time to time, through the Sales Agent, up to $125,000,000 of shares of its common stock”

How we checked this

Attempted on September 21, 2026. We could not read enough of the cited source to check this claim.

The verification run did not return a result for this claim (claude -p exit 1: b'').

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000114487923000167/apld-20230626.htm) in full (5,807 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Applied Digital 8-K filed 2023-06-26

Quote: “the Company entered into an At Market Issuance Sales Agreement (the "Sales Agreement") with Craig-Hallum Capital Group LLC. (the "Sales Agent"), pursuant to which the Company may offer and sell, from time to time, through the Sales Agent, up to $125,000,000 of shares of its common stock”

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