Capital Raised from Equity Offerings
Company: Applied Digital
The claim, verbatim
Applied Digital raised $268.9 million from sales of common stock under an At-the-Market agreement and Series G Preferred Stock sales
Source (primary)
Earnings Release (IR page (ir.applieddigital.com), earnings_call)
View cached copy (2026-09-25)Live source ↗Archive.org ↗
Quote: “Subsequent to fiscal year end, the Company has raised $268.9 million, from sales of shares of the Company's common stock pursuant to the June 2025 At-the-Market Sales Agreement and sale of shares of its Series G Preferred Stock.”
How we checked this
Checked on October 12, 2026. The cited source supports every part of this claim.
The release states that after fiscal year-end the company raised $268.9 million from at-the-market common stock sales and Series G Preferred Stock sales.
Confirmed in the source:
- Applied Digital raised $268.9 million after fiscal year-end 2025
- The funds came from common stock sales under the June 2025 At-the-Market Sales Agreement and from sales of Series G Preferred Stock
What we did: Read our cached copy of IR page (ir.applieddigital.com) (https://ir.applieddigital.com/news-events/press-releases/detail/126/applied-digital-reports-fiscal-fourth-quarter-and-full-year/) in full (41,868 characters, retrieved September 25, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Earnings Release
Quote: “Subsequent to fiscal year end, the Company has raised $268.9 million, from sales of shares of the Company's common stock pursuant to the June 2025 At-the-Market Sales Agreement and sale of shares of its Series G Preferred Stock.”