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Expected close of notes offering

Company: Applied Digital

Subject kind
financing
Statement date
2025-11-13
Promised by
2025-11-20
Current status
verified

What the later record shows

Delivered on time · happened November 20, 2025

The 10-Q states the notes offering was completed on November 20, 2025, the expected closing date.

“On November 20, 2025, APLD ComputeCo LLC (“Issuer”), a subsidiary of the Company, completed a private offering of 9.25 % Senior Secured Notes due 2030”
2026-01-07 · Applied Digital 10-Q filed 2026-01-08 View cached copy (2026-08-31)Live source ↗

Checked October 9, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.

The claim, verbatim

The senior secured notes offering is expected to close on or around November 20, 2025

Source (primary)

applied-digital 8-K exhibit (ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-26)Live source ↗

Quote: “The Offering is expected to close on or around November 20, 2025, subject to market and other conditions”

How we checked this

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

The press release states the senior secured notes offering is expected to close on or around November 20, 2025, subject to market and other conditions.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1144879/000149315225022506/ex99-1.htm) in full (8,456 characters, retrieved September 26, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms applied-digital 8-K exhibit (ex99-1.htm)

Quote: “The Offering is expected to close on or around November 20, 2025, subject to market and other conditions”

View cached copy (2026-09-26)Live source ↗

confirms Applied Digital 10-Q filed 2026-01-08

Quote: “On November 20, 2025, APLD ComputeCo LLC (“Issuer”), a subsidiary of the Company, completed a private offering of 9.25 % Senior Secured Notes due 2030”

View cached copy (2026-08-31)Live source ↗

Record of changes

September 26, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
September 27, 2026 — delayed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 9, 2026 — outcome unconfirmed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 9, 2026 — verified
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.