Series G Preferred Stock proceeds for data center construction
Company: Applied Digital
The claim, verbatim
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
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 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
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 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.”