Series D Convertible Preferred Stock Issuance
Company: Applied Digital
The claim, verbatim
Issued 1,300,000 shares of Series D Convertible Redeemable Preferred Stock in private placement pursuant to subscription agreements executed on July 30, 2021
Source (primary)
Applied Digital S-1 filed 2021-08-13 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “1,300,000 shares of our Series D Convertible Redeemable Preferred Stock issued in a private placement pursuant to subscription agreements entered into on July 30, 2021”
How we checked this
Checked on September 22, 2026. The cited source supports every part of this claim.
The prospectus summary and MD&A both state 1,300,000 Series D shares were issued in a private placement pursuant to subscription agreements entered into on July 30, 2021.
Confirmed in the source:
- Applied Blockchain issued 1,300,000 shares of Series D Convertible Redeemable Preferred Stock
- The Series D shares were issued in a private placement
- The subscription agreements for the Series D placement were entered into on July 30, 2021
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000110465921105232/tm2124821d1_s1.htm) in full (345,646 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital S-1 filed 2021-08-13
Quote: “1,300,000 shares of our Series D Convertible Redeemable Preferred Stock issued in a private placement pursuant to subscription agreements entered into on July 30, 2021”