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Initial purchasers' option for additional $45M of notes

Company: Applied Digital

Subject kind
financing
Statement date
2024-10-29
Promised amount
45000000.0 USD
Current status
stated

The claim, verbatim

The company expects to grant initial purchasers an option, exercisable within a 13-day period from first issuance, to buy up to an additional $45 million principal amount of the convertible notes.

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: “up to an additional $45 million aggregate principal amount of the Convertible Notes”

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: “up to an additional $45 million aggregate principal amount of the Convertible Notes”

View cached copy (2026-10-25)Live source ↗