Capped call transactions with $14.72 cap price
Company: Applied Digital
The claim, verbatim
In connection with the notes issuance, the company entered into capped call transactions with a cap price of $14.72, a 100% premium over the last reported sale price, at a cost of approximately $51.8 million funded from the offering proceeds.
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 Company entered into capped call transactions with a cap price of $14.72 (representing a premium of 100% over the last reported sale price)”
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 Company entered into capped call transactions with a cap price of $14.72 (representing a premium of 100% over the last reported sale price)”