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SparkPool share forfeiture

Company: Applied Digital

Subject kind
partnership
Statement date
2022-09-08
Promised amount
4965432.0 shares
Current status
stated

The claim, verbatim

SparkPool forfeited 4,965,432 shares of common stock back to company on June 2, 2022.

Source (primary)

Applied Digital 424B3 filed 2022-09-09 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗

Quote: “On June 2, 2022, SparkPool forfeited 4,965,432 shares of our common stock back to us.”

How we checked this

Checked on September 22, 2026. The cited source supports every part of this claim.

The document states SparkPool forfeited 4,965,432 shares back to the company on June 2, 2022.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000114487922000027/a424b3finalprospectusregno.htm) in full (350,097 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Applied Digital 424B3 filed 2022-09-09

Quote: “On June 2, 2022, SparkPool forfeited 4,965,432 shares of our common stock back to us.”

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