Joint venture with GMR Limited to form Highland Digital Holdings
Company: Applied Digital
The claim, verbatim
Entered into joint venture agreement with GMR Limited to form Highland Digital Holdings, LLC, which may acquire mining hardware and digital infrastructure assets, with 50% ownership stake each
Source (primary)
Applied Digital 10-Q filed 2023-04-06 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “On September 1, 2022, Company entered into a joint venture agreement with GMR Limited ("GMR") to form Highland Digital Holdings, LLC ("Highland Digital"), which may acquire mining hardware and digital infrastructure assets. The Company and GMR each have a 50 % ownership stake in Highland Digital.”
How we checked this
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Additional evidence
confirms Applied Digital 10-Q filed 2023-04-06
Quote: “On September 1, 2022, Company entered into a joint venture agreement with GMR Limited ("GMR") to form Highland Digital Holdings, LLC ("Highland Digital"), which may acquire mining hardware and digital infrastructure assets. The Company and GMR each have a 50 % ownership stake in Highland Digital.”