jain.com

Majority ownership of Dorothy project company

Company: Applied Digital

Subject kind
partnership
Statement date
2026-11-04
Current status
stated

The claim, verbatim

Under the proposed structure, Applied Digital would hold a majority of the project company and Soluna would hold the balance.

Source (primary)

Why Is Applied Digital (NASDAQ:APLD) Teaming Up With Soluna In Texas? - Kalkine Media (-, news_article)
View cached copy (2026-11-05)Live source ↗Archive.org ↗

Quote: “Under the proposed structure, Applied Digital would end up with a majority share of the project company and Soluna with the balance.”

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 Why Is Applied Digital (NASDAQ:APLD) Teaming Up With Soluna In Texas? - Kalkine Media

Quote: “Under the proposed structure, Applied Digital would end up with a majority share of the project company and Soluna with the balance.”

View cached copy (2026-11-05)Live source ↗Archive.org ↗