Debenture proceeds to fund Ellendale HPC construction
Company: Applied Digital
The claim, verbatim
Net proceeds from the private financing will fund construction of the company's HPC data center in Ellendale, North Dakota.
Source (primary)
applied-digital 8-K exhibit (apld-form8xkoaklawniiex991.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-04)Live source ↗
Quote: “The net proceeds from the private financing will be strategically utilized to finance substantial advancements in the construction phase of our HPC data center in Ellendale, North Dakota.”
How we checked this
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Additional evidence
confirms applied-digital 8-K exhibit (apld-form8xkoaklawniiex991.htm)
Quote: “The net proceeds from the private financing will be strategically utilized to finance substantial advancements in the construction phase of our HPC data center in Ellendale, North Dakota.”