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At-Market Issuance Sales Agreement with Craig-Hallum Capital Group

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 to offer and sell 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: “Up to $125,000,000 Common Stock 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 confirms the sales agreement with Craig-Hallum and the up to $125,000,000 common stock offering.

Confirmed in the source:

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: “Up to $125,000,000 Common Stock We have entered into an At Market Issuance Sales Agreement, or the sales agreement, with Craig-Hallum Capital Group LLC”

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