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Garden City, Texas facility expected to begin operating Q2 2023

Company: Applied Digital - Project: Garden City

Subject kind
facility timeline
Statement date
2023-05-15
Promised by
2023-06-30
Current status
verified

What the later record shows

Delivered late · happened November 30, 2023, new target December 31, 2023

By August 2023 the start date had moved to the second half of 2023. The 10-Q for the quarter ended November 30, 2023 says the company began energizing the facility that quarter, which is after the Q2 2023 target.

“The facility is expected to begin operating in the second half of calendar 2023”
2023-08-01 · Applied Digital 10-K filed 2023-08-02 View cached copy (2026-09-13)Live source ↗
“provide energy to the Company’s 200 MW Garden City, Texas facility and the Company began energizing the facility”
2024-01-15 · Applied Digital 10-Q filed 2024-01-16 View cached copy (2026-08-31)Live source ↗

Checked October 9, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.

The claim, verbatim

Garden City, Texas facility is expected to begin operating in calendar Q2 2023

Source (primary)

Applied Digital 424B3 filed 2023-05-16 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗

Quote: “The facility is expected to begin operating in calendar Q2 of 2023”

How we checked this

Checked on October 11, 2026. The cited source supports every part of this claim.

The prospectus says the Garden City, TX datacenter facility is expected to begin operating in calendar Q2 of 2023.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000114487923000134/apld-424b3finalprospectus0.htm) in full (53,370 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Applied Digital 424B3 filed 2023-05-16

Quote: “The facility is expected to begin operating in calendar Q2 of 2023”

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

confirms Applied Digital 10-Q filed 2024-01-16

Quote: “provide energy to the Company’s 200 MW Garden City, Texas facility and the Company began energizing the facility”

View cached copy (2026-08-31)Live source ↗

confirms Applied Digital 10-K filed 2023-08-02

Quote: “The facility is expected to begin operating in the second half of calendar 2023”

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.
October 9, 2026 — outcome unconfirmed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 9, 2026 — verified
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.