Second $787.5M Macquarie equity draw
Company: Applied Digital
The claim, verbatim
Applied Digital expects to receive an additional $787.5 million in equity funding from Macquarie Asset Management as part of a perpetual preferred equity financing facility of up to $5.0 billion, with completion expected by the end of November 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: “it expects to receive additional funding as part of its previously disclosed perpetual preferred equity financing facility of up to $5.0 billion with Macquarie Asset Management. The anticipated additional draws of an aggregate amount equal to $787.5 million are expected to be completed by the end of the month”
How we checked this
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Additional evidence
confirms applied-digital 8-K exhibit (ex99-1.htm)
Quote: “it expects to receive additional funding as part of its previously disclosed perpetual preferred equity financing facility of up to $5.0 billion with Macquarie Asset Management. The anticipated additional draws of an aggregate amount equal to $787.5 million are expected to be completed by the end of the month”