At Market Offering Agreement
Company: Applied Digital
The claim, verbatim
Company entered into At Market Issuance Sales Agreement with Craig-Hallum Capital Group to offer up to $125,000,000 of common stock
Source (primary)
Applied Digital 424B5 filed 2023-06-26 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “we have entered into an At Market Issuance Sales Agreement, or the sales agreement, with Craig-Hallum Capital Group LLC”
How we checked this
Checked on September 21, 2026. The cited source supports every part of this claim.
The document states the company entered the sales agreement with Craig-Hallum for common stock with an aggregate offering price up to $125,000,000.
Confirmed in the source:
- Applied Digital entered into an At Market Issuance Sales Agreement with Craig-Hallum Capital Group LLC
- The agreement covers offering up to $125,000,000 of common stock
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000114487923000166/apld-preliminaryprospectus.htm) in full (176,255 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital 424B5 filed 2023-06-26
Quote: “we have entered into an At Market Issuance Sales Agreement, or the sales agreement, with Craig-Hallum Capital Group LLC”