First interest payment on convertible notes
Company: Applied Digital
What the later record shows
Outcome not yet confirmed
Passages confirm the notes bear 2.75% interest payable semiannually beginning June 1, 2025, but this only restates the terms. No passage confirms the June 1, 2025 payment occurred.
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 notes accrue interest at 2.75% per annum, payable semi-annually on June 1 and December 1, beginning June 1, 2025.
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: “payable semi-annually in arrears on June 1 and December 1 of each year, beginning on June 1, 2025”
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: “payable semi-annually in arrears on June 1 and December 1 of each year, beginning on June 1, 2025”