Convertible notes offering expected closing
Company: Applied Digital
What the later record shows
Delivered on time · happened November 4, 2024
Later filings state the convertible notes offering was completed on November 4, 2024, the promised closing date. The final size was $450 million, which includes the $75 million option the initial purchasers fully exercised.
“On November 4, 2024, we completed a private offering (the “Convertible Notes Offering”) of 2.75% Convertible Senior Notes due 2030 (the “Convertible Notes”).”
2024-11-21 · Applied Digital S-1/A filed 2024-11-22 View cached copy (2026-08-31)Live source ↗
“The aggregate principal amount of Convertible Notes sold in the offering was $450 million, which included $75 million aggregate principal amount issued pursuant to the initial purchasers' fully exercised option.”
2025-01-13 · Applied Digital 10-Q filed 2025-01-14 View cached copy (2026-08-31)Live source ↗
Checked October 25, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
The convertible notes offering is expected to close on November 4, 2024, subject to customary closing conditions.
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 offering is expected to close on November 4, 2024, subject to satisfaction of customary closing conditions.”
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 offering is expected to close on November 4, 2024, subject to satisfaction of customary closing conditions.”
confirms Applied Digital S-1/A filed 2024-11-22
Quote: “On November 4, 2024, we completed a private offering (the “Convertible Notes Offering”) of 2.75% Convertible Senior Notes due 2030 (the “Convertible Notes”).”
confirms Applied Digital 10-Q filed 2025-01-14
Quote: “The aggregate principal amount of Convertible Notes sold in the offering was $450 million, which included $75 million aggregate principal amount issued pursuant to the initial purchasers' fully exercised option.”