$160M private placement with NVIDIA and Related Companies
Company: Applied Digital
The claim, verbatim
Applied Digital entered definitive agreements for a $160 million private placement priced at market from institutional and accredited investors, NVIDIA and Related Companies; the transaction closed September 9, 2024.
Source (primary)
Earnings Release (IR page (ir.applieddigital.com), earnings_call)
View cached copy (2026-09-29)Live source ↗Archive.org ↗
Quote: “entered into definitive agreements for a $160 million private placement financing priced at market, from a group of institutional and accredited investors, NVIDIA and Related Companies”
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: “entered into definitive agreements for a $160 million private placement financing priced at market, from a group of institutional and accredited investors, NVIDIA and Related Companies”