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$50M term loan facility

Company: Applied Digital

This claim was marked delayed on September 14, 2026. Recorded automatically from the cited source when it was published, then queued for evidence review.

How this was decided: Automated extraction from the cited source. The claim is preserved below exactly as it was originally published, so the record shows what was asserted as well as what became of it.

Subject kind
financing
Statement date
2023-05-23
Promised by
2025-05-23
Promised amount
50000000.0 USD
Current status
delayed

The claim, verbatim

SAI Computing LLC entered into a Loan and Security Agreement providing for a term loan of $50,000,000 with a maturity date of May 23, 2025

Source (primary)

Applied Digital 8-K filed 2023-05-24 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗

Quote: “Loan and Security Agreement provides for a term loan (the "Loan") in the principal amount of $50,000,000 with a maturity date of May 23, 2025”

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 8-K filed 2023-05-24

Quote: “Loan and Security Agreement provides for a term loan (the "Loan") in the principal amount of $50,000,000 with a maturity date of May 23, 2025”

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

Record of changes

September 13, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
September 14, 2026 — delayed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.