$337.5M allocated to Polaris Forge 1 subject to senior notes closing
Company: Applied Digital
The claim, verbatim
$337.5 million of the Macquarie funding will be allocated to Polaris Forge 1 in Ellendale, North Dakota, subject to closing of the $2.35 billion senior secured notes offering.
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: “Macquarie Asset Management will fund the remaining $337.5 million into Polaris Forge 1 in Ellendale, North Dakota, subject to the closing of the Company's previously announced $2.35 billion senior secured notes offering and other customary conditions.”
How we checked this
This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.
Additional evidence
confirms applied-digital 8-K exhibit (ex99-1.htm)
Quote: “Macquarie Asset Management will fund the remaining $337.5 million into Polaris Forge 1 in Ellendale, North Dakota, subject to the closing of the Company's previously announced $2.35 billion senior secured notes offering and other customary conditions.”