Closing of $450M 2.75% convertible notes due 2030
Company: Applied Digital
The claim, verbatim
Applied Digital completed its private offering of 2.75% Convertible Senior Notes due 2030 to qualified institutional buyers under Rule 144A, totaling $450 million in aggregate principal amount, including $75 million from the initial purchasers' option exercised in full on October 31, 2024.
Source (primary)
applied-digital 8-K exhibit (ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-25)Live source ↗
Quote: “The aggregate principal amount of notes sold in the offering was $450 million, which includes $75 million aggregate principal amount of notes issued pursuant to an option to purchase additional notes granted to the initial purchasers”
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 aggregate principal amount of notes sold in the offering was $450 million, which includes $75 million aggregate principal amount of notes issued pursuant to an option to purchase additional notes granted to the initial purchasers”