Polaris Forge 1 construction and build-out
Company: Applied Digital - Project: Polaris Forge 1
The claim, verbatim
Series G Preferred Stock proceeds are intended for continued construction and build-out at Polaris Forge 1
Source (primary)
Up to $835M may fund data-center construction as Applied Digital (APLD) registers shares for resale. - Stock Titan (-, news_article)
View cached copy (2026-09-26)Live source ↗Archive.org ↗
Quote: “continued construction and build-out at Polaris Forge 1 and Polaris Forge 2”
How we checked this
Checked on September 28, 2026. The cited source supports every part of this claim.
The Use of Proceeds section names continued construction and build-out at Polaris Forge 1 as an intended use of Series G proceeds.
Confirmed in the source:
- Applied Digital intends to use Series G Preferred Stock proceeds for continued construction and build-out at its Polaris Forge 1 campus
What we did: Read our cached copy of the publisher (https://www.stocktitan.net/sec-filings/APLD/posasr-applied-digital-corp-sec-filing-9b94e028cab4.html) in full (122,061 characters, retrieved September 26, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Up to $835M may fund data-center construction as Applied Digital (APLD) registers shares for resale. - Stock Titan
Quote: “continued construction and build-out at Polaris Forge 1 and Polaris Forge 2”