$268.9M raised via ATM and Series G after FY2025
Company: Applied Digital
The claim, verbatim
After the fiscal year ended May 31, 2025, the company raised $268.9 million from common stock sales under its June 2025 ATM agreement and sales of Series G Preferred Stock.
Source (primary)
applied-digital 8-K exhibit (apldq425earningsrelease.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-09)Live source ↗
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
Checked on October 13, 2026. The cited source supports every part of this claim.
The release states the $268.9 million raised after fiscal year end from ATM common stock sales and Series G Preferred Stock sales.
Confirmed in the source:
- The fiscal year ended May 31, 2025
- After fiscal year end, the company raised $268.9 million
- The funds came from common stock sales under the June 2025 At-the-Market Sales Agreement
- The funds also came from sales of Series G Preferred Stock
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1144879/000114487925000019/apldq425earningsrelease.htm) in full (40,651 characters, retrieved October 9, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms applied-digital 8-K exhibit (apldq425earningsrelease.htm)
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.”