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GMR services and advisory agreement

Company: Applied Digital

Subject kind
partnership
Statement date
2023-05-15
Promised amount
7440148.0 shares
Current status
stated

The claim, verbatim

Executed strategy and portfolio advisory services agreement in March 2021 with GMR for cryptoasset mining management and equipment procurement, issuing 7,440,148 shares of common stock

Source (primary)

Applied Digital 424B3 filed 2023-05-16 (SEC EDGAR, sec_filing)
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Quote: “In March 2021, we executed a strategy planning and portfolio advisory services agreement ("Services Agreement") with GMR Limited... we agreed to issue 7,440,148 shares of Common Stock to GMR or its designees”

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 424B3 filed 2023-05-16

Quote: “In March 2021, we executed a strategy planning and portfolio advisory services agreement ("Services Agreement") with GMR Limited... we agreed to issue 7,440,148 shares of Common Stock to GMR or its designees”

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