$450 million convertible notes issuance
Company: Applied Digital
The claim, verbatim
Issued $450 million in convertible notes at a 2.75% interest rate
Source (primary)
applied-digital 8-K exhibit (apld_invxfinalpresentati.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-27)Live source ↗
Quote: “Issued $450m in convertible notes at a 2.75% interest rate”
How we checked this
Checked on September 29, 2026. The cited source supports every part of this claim.
The company timeline lists issuing $450 million in convertible notes at a 2.75% interest rate.
Confirmed in the source:
- Applied Digital issued $450 million in convertible notes
- The notes carry a 2.75% interest rate
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1144879/000114487925000076/apld_invxfinalpresentati.htm) in full (26,833 characters, retrieved September 27, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms applied-digital 8-K exhibit (apld_invxfinalpresentati.htm)
Quote: “Issued $450m in convertible notes at a 2.75% interest rate”