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$13.5M contingent loan advance

Company: Applied Digital

Subject kind
financing
Statement date
2023-05-23
Promised amount
13500000.0 USD
Current status
stated

The claim, verbatim

Remaining $13,500,000 of the loan to be advanced at the sole discretion of the Lenders

Source (primary)

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

Quote: “the remaining $13,500,000 to be advanced at the sole discretion of the Lenders”

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: “the remaining $13,500,000 to be advanced at the sole discretion of the Lenders”

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