$65M revolving credit facility with First National Bank of Omaha
Company: Applied Digital
The claim, verbatim
On November 10, 2025, Applied Digital entered into a loan and security agreement with First National Bank of Omaha for a $65 million revolving credit facility at an interest rate of SOFR plus 2.75% per annum.
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: “on November 10, 2025, the Company entered into a loan and security agreement with First National Bank of Omaha, pursuant to which the lender agreed to make one or more revolving loans, and issue letters of credit, from time to time to the Company in an aggregate principal amount of $65 million. Interest accrues on the outstanding balance at a rate of SOFR plus 2.75% per annum.”
How we checked this
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Additional evidence
confirms applied-digital 8-K exhibit (ex99-1.htm)
Quote: “on November 10, 2025, the Company entered into a loan and security agreement with First National Bank of Omaha, pursuant to which the lender agreed to make one or more revolving loans, and issue letters of credit, from time to time to the Company in an aggregate principal amount of $65 million. Interest accrues on the outstanding balance at a rate of SOFR plus 2.75% per annum.”