Convertible Senior Notes offering
Company: Applied Digital
The claim, verbatim
Completed a $450 million offering of 2.75% Convertible Senior Notes due 2030
Source (primary)
Earnings Release (IR page (ir.applieddigital.com), earnings_call)
View cached copy (2026-09-25)Live source ↗Archive.org ↗
Quote: “Completed a $450 million offering of 2.75% Convertible Senior Notes due 2030, including $75 million from an option exercised by initial purchasers.”
How we checked this
Checked on October 12, 2026. The cited source supports every part of this claim.
The release states that the company completed a $450 million offering of 2.75% Convertible Senior Notes due 2030.
Confirmed in the source:
- Applied Digital completed a $450 million offering of Convertible Senior Notes
- The notes carry a 2.75% rate
- The notes are due 2030
What we did: Read our cached copy of IR page (ir.applieddigital.com) (https://ir.applieddigital.com/news-events/press-releases/detail/118/applied-digital-reports-fiscal-second-quarter-2025-results/) in full (35,889 characters, retrieved September 25, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Earnings Release
Quote: “Completed a $450 million offering of 2.75% Convertible Senior Notes due 2030, including $75 million from an option exercised by initial purchasers.”