Use of remaining net proceeds
Company: Applied Digital
The claim, verbatim
Remaining net proceeds from the Note will be used to repay other outstanding debt and pay transaction expenses.
Source (primary)
applied-digital 8-K exhibit (ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
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Quote: “The remaining net proceeds will be used to repay other outstanding debt and pay transaction expenses.”
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 net proceeds will be used to repay other outstanding debt and pay transaction expenses.”