Macquarie 12.75% preferred equity, $60.1M dividends in kind
Company: Applied Digital
The claim, verbatim
In the August quarter, Applied Digital incurred $113.1 million of interest plus $60.1 million of dividends in kind on Macquarie's 12.75% preferred equity.
Source (primary)
B. Riley Cut Its Applied Digital Target to $51. It Still Sees 185% Upside - TIKR.com (-, news_article)
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Quote: “$113.1 million of interest plus $60.1 million of dividends in kind on Macquarie's preferred equity”
How we checked this
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Additional evidence
confirms B. Riley Cut Its Applied Digital Target to $51. It Still Sees 185% Upside - TIKR.com
Quote: “$113.1 million of interest plus $60.1 million of dividends in kind on Macquarie's preferred equity”