Applied cash contribution to Dorothy 3A project company
Company: Applied Digital
The claim, verbatim
At closing, Applied Investor will contribute $19,515,306 in cash to the Project Company. This is reduced dollar-for-dollar by amounts it pays before closing for site development work and long lead-time equipment.
Source (primary)
A warrant for up to 7.64M shares would accompany Soluna (SLNH)'s planned Applied Digital venture. - Stock Titan (-, news_article)
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Quote: “Applied Investor will contribute to the Project Company an amount in cash equal to $19,515,306, subject to a dollar-for-dollar credit”
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 A warrant for up to 7.64M shares would accompany Soluna (SLNH)'s planned Applied Digital venture. - Stock Titan
Quote: “Applied Investor will contribute to the Project Company an amount in cash equal to $19,515,306, subject to a dollar-for-dollar credit”