Post-FY2025 equity raise $268.9M
Company: Applied Digital
The claim, verbatim
Subsequent to fiscal year end, raised $268.9 million from ATM common stock sales under the June 2025 ATM agreement and Series G Preferred Stock sales.
Source (primary)
Earnings Release (IR page (ir.applieddigital.com), earnings_call)
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Quote: “Subsequent to fiscal year end, the Company has raised $268.9 million, from sales of shares of the Company's common stock pursuant to the June 2025 At-the-Market Sales Agreement and sale of shares of its Series G Preferred Stock.”
How we checked this
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Additional evidence
confirms Earnings Release
Quote: “Subsequent to fiscal year end, the Company has raised $268.9 million, from sales of shares of the Company's common stock pursuant to the June 2025 At-the-Market Sales Agreement and sale of shares of its Series G Preferred Stock.”