Series D Convertible Preferred Stock issuance
Company: Applied Digital
The claim, verbatim
1,380,000 shares of Series D Convertible Redeemable Preferred Stock issued in private placement with subscription agreements dated July 30, August 24, and October 7, 2021
Source (primary)
Applied Digital S-1/A filed 2021-12-01 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “1,380,000 shares of our Series D Convertible Redeemable Preferred Stock issued in a private placement pursuant to subscription agreements entered into on July 30, 2021, August 24, 2021 and October 7, 2021”
How we checked this
Checked on September 22, 2026. The cited source supports every part of this claim.
The prospectus states the 1,380,000 Series D shares were issued in a private placement under subscription agreements dated July 30, August 24 and October 7, 2021.
Confirmed in the source:
- 1,380,000 shares of Series D Convertible Redeemable Preferred Stock were issued in a private placement
- the Series D subscription agreements were entered into on July 30, August 24 and October 7, 2021
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000110465921145539/tm2124821-5_s1a.htm) in full (502,304 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital S-1/A filed 2021-12-01
Quote: “1,380,000 shares of our Series D Convertible Redeemable Preferred Stock issued in a private placement pursuant to subscription agreements entered into on July 30, 2021, August 24, 2021 and October 7, 2021”