CIM Group private debt facility – initial commitment
Company: Applied Digital
The claim, verbatim
Applied Digital's subsidiary APLD Holdings 2, LLC issued a Promissory Note to CIM Group with initial commitments totaling $125 million at close to fund construction of the Ellendale, ND HPC Campus.
Source (primary)
applied-digital 8-K exhibit (apld-pressreleasexfinal6624.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-03)Live source ↗
Quote: “has issued a Promissory Note (the “Note”) for commitments that total $125 million at close (“Initial Commitments”)”
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 (apld-pressreleasexfinal6624.htm)
Quote: “has issued a Promissory Note (the “Note”) for commitments that total $125 million at close (“Initial Commitments”)”