IPO of 8,000,000 shares at $5.00 per share
Company: Applied Digital
The claim, verbatim
Firm commitment public offering of 8,000,000 shares of common stock at initial public offering price of $5.00 per share
Source (primary)
Applied Digital 424B4 filed 2022-04-13 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “This is a firm commitment public offering of 8,000,000 shares of our common stock, par value $0.001 per share. The initial public offering price per share is $5.00.”
How we checked this
Checked on September 22, 2026. The cited source supports every part of this claim.
The prospectus states this is a firm commitment offering of 8,000,000 shares at $5.00 per share.
Confirmed in the source:
- Firm commitment public offering
- 8,000,000 shares of common stock
- IPO price of $5.00 per share
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000110465922045562/tm2132377-25_424b4.htm) in full (528,650 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital 424B4 filed 2022-04-13
Quote: “This is a firm commitment public offering of 8,000,000 shares of our common stock, par value $0.001 per share. The initial public offering price per share is $5.00.”