Services Agreement with GMR, SparkPool, Valuefinder
Company: Applied Digital
The claim, verbatim
Applied Digital executed services agreement with GMR, SparkPool, and Valuefinder for cryptoasset mining management and equipment procurement
Source (primary)
Applied Digital S-3 filed 2023-05-17 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “In March 2021, we executed a strategy planning and portfolio advisory services agreement ("Services Agreement") with GMR Limited, a British Virgin Island limited liability company ("GMR"), Xsquared Holding Limited, a British Virgin Island limited liability company ("SparkPool") and Valuefinder, a British Virgin Islands limited liability company ("Valuefinder")”
How we checked this
Checked on September 21, 2026. The cited source supports every part of this claim.
The document confirms the services agreement with all three parties for mining management and equipment procurement.
Confirmed in the source:
- Applied Digital executed a services agreement with GMR, SparkPool (Xsquared Holding Limited), and Valuefinder
- The agreement covered cryptoasset mining management and assistance securing equipment
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000114487923000148/apld-forms3shelfregistrati.htm) in full (99,038 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital S-3 filed 2023-05-17
Quote: “In March 2021, we executed a strategy planning and portfolio advisory services agreement ("Services Agreement") with GMR Limited, a British Virgin Island limited liability company ("GMR"), Xsquared Holding Limited, a British Virgin Island limited liability company ("SparkPool") and Valuefinder, a British Virgin Islands limited liability company ("Valuefinder")”