jain.com

$1.59B note priced at 7%

Company: Applied Digital

Subject kind
financing
Statement date
2026-10-09
Promised amount
1590000000.0 USD
Current status
stated

The claim, verbatim

A new $1.59 billion note priced at 7%, versus 9.25% on an earlier note.

Source (primary)

Applied Digital Stock Gains as Fiscal Q1 Revenue Leaps 300% - TIKR.com (-, news_article)
View cached copy (2026-10-10)Live source ↗Archive.org ↗

Quote: “A new $1.59 billion note priced at 7%. An earlier note carried 9.25%.”

How we checked this

Checked on October 14, 2026. The cited source supports every part of this claim.

The article states both the new note's size and 7% rate and the earlier note's 9.25% rate.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://www.tikr.com/blog/applied-digital-stock-q1-revenue-jumps-322-percent) in full (7,061 characters, retrieved October 10, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Applied Digital Stock Gains as Fiscal Q1 Revenue Leaps 300% - TIKR.com

Quote: “A new $1.59 billion note priced at 7%. An earlier note carried 9.25%.”

View cached copy (2026-10-10)Live source ↗Archive.org ↗