jain.com

IPO and Nasdaq uplisting

Company: Applied Digital

Subject kind
financing
Statement date
2026-09-29
Promised amount
36000000.0 USD
Current status
stated

The claim, verbatim

The company closed its IPO in April 2022, issuing 8.0 million shares at $5.00 per share, for approximately $36 million in net proceeds.

Source (primary)

Earnings Release (IR page (ir.applieddigital.com), earnings_call)
View cached copy (2026-09-29)Live source ↗Archive.org ↗

Quote: “the Company closed its IPO, issuing 8.0 million shares of its common stock at $5.00 per share. Net proceeds received by Applied Blockchain were approximately $36 million.”

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 Earnings Release

Quote: “the Company closed its IPO, issuing 8.0 million shares of its common stock at $5.00 per share. Net proceeds received by Applied Blockchain were approximately $36 million.”

View cached copy (2026-09-29)Live source ↗Archive.org ↗