Repay ~$180M Ellendale bridge debt
Company: Applied Digital
The claim, verbatim
MAM proceeds, with future project financing, will be used to repay existing bridge debt currently outstanding at approximately $180 million.
Source (primary)
applied-digital 8-K exhibit (ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-21)Live source ↗
Quote: “repay the existing bridge debt, currently outstanding at approximately $180 million”
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: “repay the existing bridge debt, currently outstanding at approximately $180 million”