jain.com

Macquarie preferred equity draw $562.5M

Company: Applied Digital

Subject kind
financing
Statement date
2026-09-29
Promised amount
562500000.0 USD
Current status
stated

The claim, verbatim

Drew an additional $562.5 million from Macquarie Asset Management under the preferred equity facility of up to $5.0 billion for Polaris Forge 1 and 2.

Source (primary)

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

Quote: “Drew an additional $562.5 million from Macquarie Asset Management under the Company’s preferred equity financing facility of up to $5.0 billion”

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: “Drew an additional $562.5 million from Macquarie Asset Management under the Company’s preferred equity financing facility of up to $5.0 billion”

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