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Mining equipment delivery

Company: Applied Digital

Subject kind
product
Statement date
2021-11-01
Promised by
2021-12-31
Current status
outcome unconfirmed

What the later record shows

Outcome not yet confirmed · happened March 9, 2022

Installation could not occur in Q4 2021 because the first facility only came online February 2, 2022. Mining then ceased on March 9, 2022, and remaining undelivered or offline equipment was to be sold.

“However, the equipment is either not online or was previously purchased but has yet to be delivered. We intend to sell this equipment as soon as possible”
2022-04-11 · Applied Digital S-1/A filed 2022-04-12 View cached copy (2026-09-13)Live source ↗
“Construction of our first co-hosting facility began in September 2021. On February 2, 2022, we brought our first facility online.”
2024-04-29 · Applied Digital 424B5 filed 2024-04-30 View cached copy (2026-08-31)Live source ↗

Checked October 9, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.

The claim, verbatim

Additional mining equipment expected to be delivered and installed in fourth quarter of calendar year 2021

Source (primary)

Applied Digital S-1/A filed 2021-11-02 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗

Quote: “We have ordered additional mining equipment, which we expect to be delivered and installed in the fourth quarter of calendar year 2021 in our first co-hosting facility”

How we checked this

Checked on October 11, 2026. The cited source supports every part of this claim.

The filing says the company ordered additional mining equipment that it expected to be delivered and installed in its first co-hosting facility in the fourth quarter of calendar year 2021.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000110465921132877/tm2124821-2_s1a.htm) in full (486,363 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Applied Digital S-1/A filed 2021-11-02

Quote: “We have ordered additional mining equipment, which we expect to be delivered and installed in the fourth quarter of calendar year 2021 in our first co-hosting facility”

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

Record of changes

September 14, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
September 15, 2026 — delayed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 9, 2026 — outcome unconfirmed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.