Texas facility letter of intent
Company: Applied Digital - Project: Garden City
The claim, verbatim
Letter of intent entered November 24, 2021 to develop Texas facility with 200MW of wind power, subject to definitive agreements
Source (primary)
Applied Digital S-1/A filed 2022-04-08 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “On November 24, 2021, we entered into a letter of intent to develop a facility in Texas with 200MW of wind power. The arrangement is subject to entry into definitive agreements by the parties.”
How we checked this
Checked on September 22, 2026. The cited source supports every part of this claim.
The document states the November 24, 2021 letter of intent for a 200MW wind facility in Texas, subject to definitive agreements.
Confirmed in the source:
- A letter of intent was entered on November 24, 2021 to develop a Texas facility with 200MW of wind power
- The arrangement is subject to entry into definitive agreements
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000110465922043846/tm2132377-19_s1a.htm) in full (563,104 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital S-1/A filed 2022-04-08
Quote: “On November 24, 2021, we entered into a letter of intent to develop a facility in Texas with 200MW of wind power. The arrangement is subject to entry into definitive agreements by the parties.”