$1.59 billion senior secured notes for Polaris Forge 1 fourth building
Company: Applied Digital - Project: Polaris Forge 1
The claim, verbatim
Applied Digital announced pricing of $1.59 billion of senior secured notes to fund the fourth building at Polaris Forge 1
Source (primary)
Applied Digital Corp. SEC Filing (Sep 25, 2026) - Stock Titan (-, news_article)
View cached copy (2026-09-26)Live source ↗Archive.org ↗
Quote: “Applied Digital Announces Pricing of $1.59 Billion of Senior Secured Notes to fund the Fourth Building at Polaris Forge 1”
How we checked this
Checked on September 28, 2026. The cited source supports every part of this claim.
The page lists a June 9, 2026 news headline stating every element of the claim. This comes from the page's news sidebar, not from the ARS filing itself, which is only linked as a PDF.
Confirmed in the source:
- Applied Digital announced pricing of senior secured notes
- The notes total $1.59 billion
- The proceeds are to fund the fourth building at Polaris Forge 1
What we did: Read our cached copy of the publisher (https://www.stocktitan.net/sec-filings/APLD/ars-applied-digital-corp-sec-filing-ebccf70d50fa.html) in full (4,817 characters, retrieved September 26, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital Corp. SEC Filing (Sep 25, 2026) - Stock Titan
Quote: “Applied Digital Announces Pricing of $1.59 Billion of Senior Secured Notes to fund the Fourth Building at Polaris Forge 1”