Over-allotment option for 485,436 shares
Company: Applied Digital
The claim, verbatim
Underwriters granted 30-day option to purchase up to 485,436 additional shares to cover over-allotments
Source (primary)
Applied Digital S-1/A filed 2022-04-08 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “We have granted a 30-day option to the underwriters to purchase up to 485,436 additional shares of common stock solely to cover over-allotments”
How we checked this
Checked on September 22, 2026. The cited source supports every part of this claim.
The document states verbatim that the underwriters were granted a 30-day option to purchase up to 485,436 additional shares to cover over-allotments, establishing every assertion in the claim.
Confirmed in the source:
- The underwriters were granted a 30-day option
- The option covers up to 485,436 additional shares of common stock
- The option is solely to cover over-allotments
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: “We have granted a 30-day option to the underwriters to purchase up to 485,436 additional shares of common stock solely to cover over-allotments”