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9% annual interest rate on term loan

Company: Applied Digital

Subject kind
financing
Statement date
2023-05-23
Promised amount
9.0 percent
Current status
stated

The claim, verbatim

The Loan carries an interest rate of 9.00% per annum

Source (primary)

Applied Digital 8-K filed 2023-05-24 (SEC EDGAR, sec_filing)
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Quote: “The Loan and Security Agreement provides for an interest rate of 9.00% per annum”

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 Loan and Security Agreement provides for an interest rate of 9.00% per annum”

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