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SparkPool share forfeiture

Company: Applied Digital

Subject kind
partnership
Statement date
2023-05-16
Current status
stated

The claim, verbatim

SparkPool ceased operations and forfeited 4,965,432 shares back to Applied Digital

Source (primary)

Applied Digital S-3 filed 2023-05-17 (SEC EDGAR, sec_filing)
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Quote: “As of June 2022, SparkPool ceased all operations and is no longer in a position to provide services under the Services Agreement. On June 2, 2022, SparkPool forfeited 4,965,432 shares of Common Stock back to us.”

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 S-3 filed 2023-05-17

Quote: “As of June 2022, SparkPool ceased all operations and is no longer in a position to provide services under the Services Agreement. On June 2, 2022, SparkPool forfeited 4,965,432 shares of Common Stock back to us.”

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