First Co-hosting Facility Completion
Company: Applied Digital
What the later record shows
Delivered late · happened February 2, 2022
The target was Q4 2021. A January 2022 filing pushed the target to Q1 2022, and later filings state the first facility was brought online on February 2, 2022.
“Construction of our first co-hosting facility began in September 2021. We expect this facility to be online in the first calendar quarter of 2022.”
2022-01-31 · Applied Digital S-1/A filed 2022-02-01 View cached copy (2026-09-13)Live source ↗
“In February 2022, the Company commenced operations on its first co-hosting facility in North Dakota”
2022-04-12 · Applied Digital 424B3 filed 2022-04-13 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
Company expects delivery and installation of first co-hosting facility to be completed in Q4 2021
Source (primary)
Applied Digital S-1 filed 2021-08-13 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “We expect delivery and installation of our first co-hosting facility to be completed in the fourth quarter of calendar year 2021.”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The S-1 says the company expects delivery and installation of its first co-hosting facility to be completed in the fourth quarter of calendar year 2021.
Confirmed in the source:
- Applied Blockchain expected delivery and installation of its first co-hosting facility to be completed in the fourth quarter of calendar year 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: “We expect delivery and installation of our first co-hosting facility to be completed in the fourth quarter of calendar year 2021.”
confirms Applied Digital 424B5 filed 2024-04-30
Quote: “Construction of our first co-hosting facility began in September 2021. On February 2, 2022, we brought our first facility online.”
confirms Applied Digital 424B3 filed 2022-04-13
Quote: “In February 2022, the Company commenced operations on its first co-hosting facility in North Dakota”
confirms Applied Digital S-1/A filed 2022-02-01
Quote: “Construction of our first co-hosting facility began in September 2021. We expect this facility to be online in the first calendar quarter of 2022.”