Series G Preferred Stock proceeds
Company: Applied Digital
The claim, verbatim
Applied Digital may receive up to $835.0 million in additional proceeds from Series G Preferred Stock issuances for working capital and general corporate purposes
Source (primary)
Up to $835M may fund data-center construction as Applied Digital (APLD) registers shares for resale. - Stock Titan (-, news_article)
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Quote: “Applied Digital may receive up to $835.0 million in additional proceeds from Series G Preferred Stock issuances, intended for working capital and general corporate purposes, including continued construction and build-out at Polaris Forge 1 and Polaris Forge 2”
How we checked this
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Additional evidence
confirms Up to $835M may fund data-center construction as Applied Digital (APLD) registers shares for resale. - Stock Titan
Quote: “Applied Digital may receive up to $835.0 million in additional proceeds from Series G Preferred Stock issuances, intended for working capital and general corporate purposes, including continued construction and build-out at Polaris Forge 1 and Polaris Forge 2”