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IPO pricing

Company: Applied Digital

Subject kind
financing
Statement date
2022-04-12
Promised amount
40000000.0 USD
Current status
stated

The claim, verbatim

Applied Blockchain announced pricing of an initial public offering of 8,000,000 shares at $5.00 per share for gross proceeds of $40 million

Source (primary)

Applied Digital 8-K filed 2022-04-13 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗

Quote: “pricing of an initial public offering of 8,000,000 shares of the Company's common stock, par value $0.001 per share, at a price per share of $5.00, for gross proceeds of $40 million”

How we checked this

Attempted on September 22, 2026. We could not read enough of the cited source to check this claim.

The verification run did not return a result for this claim (claude -p exit 1: b'').

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000110465922045556/tm2212668d1_8k.htm) in full (2,904 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Applied Digital 8-K filed 2022-04-13

Quote: “pricing of an initial public offering of 8,000,000 shares of the Company's common stock, par value $0.001 per share, at a price per share of $5.00, for gross proceeds of $40 million”

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