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Private placement share issuance terms

Company: Applied Digital

Subject kind
financing
Statement date
2024-09-09
Promised amount
49382720.0 units
Current status
stated

The claim, verbatim

Applied Digital agreed to issue 49,382,720 common shares at $3.24 per share, the September 4, 2024 closing price, with closing subject to customary conditions.

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: “Applied Digital agreed to issue 49,382,720 shares of its common stock at a price per share of $3.24, representing the last closing price on September 4, 2024”

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: “Applied Digital agreed to issue 49,382,720 shares of its common stock at a price per share of $3.24, representing the last closing price on September 4, 2024”

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