Initial draw on Macquarie $5B preferred equity facility
Company: Applied Digital
The claim, verbatim
Drew an initial $112.5 million from the $5 billion preferred equity facility with Macquarie Asset Management to fund completion of Polaris Forge 1.
Source (primary)
Earnings Release (IR page (ir.applieddigital.com), earnings_call)
View cached copy (2026-09-29)Live source ↗
Quote: “Drew an initial $112.5 million from our $5 billion preferred equity facility with Macquarie Asset Management ("MAM" or "Macquarie") to fund the completion of Polaris Forge 1”
How we checked this
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Additional evidence
confirms Earnings Release
Quote: “Drew an initial $112.5 million from our $5 billion preferred equity facility with Macquarie Asset Management ("MAM" or "Macquarie") to fund the completion of Polaris Forge 1”