jain.com

Proceeds to fund first and second Ellendale HPC buildings

Company: Applied Digital

Subject kind
facility timeline
Statement date
2025-02-11
Current status
stated

The claim, verbatim

The remaining financing proceeds are intended to advance development of the first and second data center buildings at the Ellendale HPC Campus.

Source (primary)

applied-digital 8-K exhibit (ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
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Quote: “the remaining proceeds are intended to be used to advance the development of the first and second data center buildings at the Ellendale HPC Campus”

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: “the remaining proceeds are intended to be used to advance the development of the first and second data center buildings at the Ellendale HPC Campus”

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