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$160M private placement

Company: Applied Digital

Subject kind
financing
Statement date
2024-09-09
Promised amount
160000000.0 USD
Current status
stated

The claim, verbatim

Applied Digital entered into definitive agreements for a $160 million private placement priced at market with institutional and accredited investors, NVIDIA and Related Companies.

Source (primary)

applied-digital 8-K exhibit (exh991-apldxform8xkgspipe.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-28)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”

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 (exh991-apldxform8xkgspipe.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”

View cached copy (2026-10-28)Live source ↗