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Ellendale land purchase

Company: Applied Digital - Project: Ellendale

Subject kind
financing
Statement date
2023-05-15
Promised amount
1000000.0 USD
Current status
stated

The claim, verbatim

Completed purchase of 40 acres of land in Ellendale, North Dakota for $1 million on August 8, 2022

Source (primary)

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

Quote: “On August 8, 2022, the Company completed the purchase of 40 acres of land in Ellendale, North Dakota, for a total cost of $1 million.”

How we checked this

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

The prospectus states that on August 8, 2022 the company completed the purchase of 40 acres in Ellendale, North Dakota for a total cost of $1 million.

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: “On August 8, 2022, the Company completed the purchase of 40 acres of land in Ellendale, North Dakota, for a total cost of $1 million.”

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

confirms Applied Digital 424B3 filed 2023-05-16

Quote: “On August 8, 2022, the Company completed the purchase of 40 acres of land in Ellendale, North Dakota, for a total cost of $1 million.”

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