Garden City escrow release
Company: Applied Digital
The claim, verbatim
The conditional approval requirements for releasing escrowed funds from the Garden City, Texas facility sale were met, and $25 million was received from escrow.
Source (primary)
applied-digital 8-K exhibit (apldq424earningsrelease.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-30)Live source ↗
Quote: “On July 30, 2024 the conditional approval requirements related to the release of the escrowed funds from the sale of its Garden City, Texas facility were met, and those funds were received from escrow totaling $25 million.”
How we checked this
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Additional evidence
confirms applied-digital 8-K exhibit (apldq424earningsrelease.htm)
Quote: “On July 30, 2024 the conditional approval requirements related to the release of the escrowed funds from the sale of its Garden City, Texas facility were met, and those funds were received from escrow totaling $25 million.”