Private placement financing from institutional investors and NVIDIA
Company: Applied Digital
The claim, verbatim
$160 million private placement financing from institutional and accredited investors, NVIDIA, and Related Companies; closed September 9, 2024
Source (primary)
Earnings Release (IR page (ir.applieddigital.com), earnings_call)
View cached copy (2026-09-25)Live source ↗Archive.org ↗
Quote: “The Company announced on September 5, 2024 that it has entered into definitive agreements for a $160 million private placement financing priced at market, from a group of institutional and accredited investors, NVIDIA and Related Companies... The transaction closed on September 9, 2024.”
How we checked this
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Additional evidence
confirms Earnings Release
Quote: “The Company announced on September 5, 2024 that it has entered into definitive agreements for a $160 million private placement financing priced at market, from a group of institutional and accredited investors, NVIDIA and Related Companies... The transaction closed on September 9, 2024.”