Series G Preferred Stock conversions
Company: Applied Digital
The claim, verbatim
1,197,050 Series G preferred shares converted into approximately 60.6 million common shares as of September 25, 2026
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: “Applied Digital reports that 1,197,050 Series G preferred shares had converted into approximately 60.6 million common shares as of September 25, 2026”
How we checked this
Checked on September 28, 2026. The cited source supports every part of this claim.
The prospectus, dated September 25, 2026, states that as of its date 1,197,050 Series G preferred shares had converted into about 60.6 million common shares.
Confirmed in the source:
- 1,197,050 shares of Series G Preferred Stock had been converted into approximately 60.6 million shares of Applied Digital common stock
- This conversion figure is stated as of the prospectus date, September 25, 2026
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: “Applied Digital reports that 1,197,050 Series G preferred shares had converted into approximately 60.6 million common shares as of September 25, 2026”