Plan to Sell Cloud Services Business
Company: Applied Digital
The claim, verbatim
The Board of Directors approved a plan to sell the Company's Cloud Services Business.
Source (primary)
Earnings Release (IR page (ir.applieddigital.com), earnings_call)
View cached copy (2026-09-25)Live source ↗Archive.org ↗
Quote: “On April 10, 2025, the Board of Directors approved a plan to sell the Company's Cloud Services Business.”
How we checked this
Checked on October 12, 2026. The cited source supports every part of this claim.
The release states that on April 10, 2025, the Board approved a plan to sell the Cloud Services Business.
Confirmed in the source:
- Applied Digital's Board of Directors approved a plan to sell the Company's Cloud Services Business
What we did: Read our cached copy of IR page (ir.applieddigital.com) (https://ir.applieddigital.com/news-events/press-releases/detail/121/applied-digital-reports-fiscal-third-quarter-2025-results/) in full (33,151 characters, retrieved September 25, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Earnings Release
Quote: “On April 10, 2025, the Board of Directors approved a plan to sell the Company's Cloud Services Business.”
confirms Earnings Release
Quote: “On April 10, 2025, the Board of Directors approved a plan to sell the Company's Cloud Services Business.”
confirms Earnings Release
Quote: “On April 10, 2025, the Board of Directors approved a plan to sell the Company's Cloud Services Business.”
confirms Earnings Release
Quote: “On April 10, 2025, the Board of Directors approved a plan to sell the Company's Cloud Services Business.”