$160M private placement with NVIDIA and Related Companies
Company: Applied Digital
The claim, verbatim
Applied Digital entered into definitive agreements for a $160 million private placement priced at market from institutional and accredited investors, NVIDIA and Related Companies; the transaction closed on September 9, 2024.
Source (primary)
applied-digital 8-K exhibit (apldq125earningsrelease.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-26)Live source ↗
Quote: “entered into definitive agreements for a $160 million private placement financing priced at market, from a group of institutional and accredited investors, NVIDIA and Related Companies ... The transaction closed on September 9, 2024.”
How we checked this
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Additional evidence
confirms applied-digital 8-K exhibit (apldq125earningsrelease.htm)
Quote: “entered into definitive agreements for a $160 million private placement financing priced at market, from a group of institutional and accredited investors, NVIDIA and Related Companies ... The transaction closed on September 9, 2024.”