Capped call transactions funded with ~$43.1M
Company: Applied Digital
The claim, verbatim
The company entered into capped call transactions with an initial cap price of $14.72 per share (100% premium to $7.36), to be paid for with approximately $43.1 million of net 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: “approximately $43.1 million of the net proceeds from the offering to pay the cost of the capped call transactions”
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: “approximately $43.1 million of the net proceeds from the offering to pay the cost of the capped call transactions”