$5.0B Macquarie perpetual preferred equity facility
Company: Applied Digital
The claim, verbatim
Applied Digital entered into a $5.0 billion perpetual preferred equity financing facility with funds managed by Macquarie Asset Management for its HPC business conducted through APLD HPC Holdings LLC.
Source (primary)
Earnings Release (IR page (ir.applieddigital.com), earnings_call)
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Quote: “Applied Digital Corporation entered today into a $5.0 billion perpetual preferred equity financing facility, with investment vehicles of funds managed by Macquarie Asset Management (“MAM”), for its HPC business”
How we checked this
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Additional evidence
confirms Earnings Release
Quote: “Applied Digital Corporation entered today into a $5.0 billion perpetual preferred equity financing facility, with investment vehicles of funds managed by Macquarie Asset Management (“MAM”), for its HPC business”