jain.com

$375M SMBC financing closed for Ellendale HPC Campus

Company: Applied Digital

Subject kind
financing
Statement date
2025-02-11
Promised amount
375000000.0 USD
Current status
stated

The claim, verbatim

Applied Digital, through its subsidiary APLD HPC Holdings LLC, closed a $375 million financing led by SMBC for its Ellendale HPC data center campus.

Source (primary)

applied-digital 8-K exhibit (ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-20)Live source ↗

Quote: “closed a $375 million financing with SMBC”

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 applied-digital 8-K exhibit (ex99-1.htm)

Quote: “closed a $375 million financing with SMBC”

View cached copy (2026-10-20)Live source ↗