jain.com

Divestiture of Garden City Facility

Company: Applied Digital

Subject kind
acquisition
Statement date
2024-04-11
Current status
stated

The claim, verbatim

Strategic decision to divest Garden City Facility

Source (primary)

Earnings Release (IR page (ir.applieddigital.com), earnings_call)
View cached copy (2026-09-25)Live source ↗Archive.org ↗

Quote: “the strategic decision to divest our Garden City Facility”

How we checked this

Checked on October 12, 2026. The cited source supports every part of this claim.

CEO Wes Cummins is quoted in the release citing the strategic decision to divest the Garden City Facility as one of the quarter's achievements.

Confirmed in the source:

What we did: Read our cached copy of IR page (ir.applieddigital.com) (https://ir.applieddigital.com/news-events/press-releases/detail/94/applied-digital-reports-fiscal-third-quarter-2024-results/) in full (29,636 characters, retrieved September 25, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Earnings Release

Quote: “the strategic decision to divest our Garden City Facility”

View cached copy (2026-09-25)Live source ↗Archive.org ↗

confirms Earnings Release

Quote: “the strategic decision to divest our Garden City Facility”

View cached copy (2026-09-29)Live source ↗Archive.org ↗

confirms Earnings Release

Quote: “the strategic decision to divest our Garden City Facility”

View cached copy (2026-10-03)Live source ↗

confirms Earnings Release

Quote: “the strategic decision to divest our Garden City Facility”

View cached copy (2026-10-06)Live source ↗Archive.org ↗

confirms Earnings Release

Quote: “the strategic decision to divest our Garden City Facility”

View cached copy (2026-10-08)Live source ↗Archive.org ↗

Record of changes

September 25, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 9, 2026 — stated
Review. statement_date 2026-09-25 was the source's retrieval date; source published 2024-04-11.