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Net proceeds from convertible notes offering

Company: Applied Digital

Subject kind
financing
Statement date
2024-11-04
Promised amount
434500000.0 USD
Current status
stated

The claim, verbatim

Net proceeds from the sale of the convertible notes were approximately $434.5 million after initial purchasers' discounts, commissions and estimated offering expenses.

Source (primary)

applied-digital 8-K exhibit (ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
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Quote: “The net proceeds from the sale of the Convertible Notes were approximately $434.5 million after deducting the initial purchasers' discounts and commissions and estimated offering expenses payable by the Company.”

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 net proceeds from the sale of the Convertible Notes were approximately $434.5 million after deducting the initial purchasers' discounts and commissions and estimated offering expenses payable by the Company.”

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