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Benson board tenure under Oasis cooperation agreement

Company: Applied Digital

Subject kind
personnel
Statement date
2024-04-30
Current status
stated

The claim, verbatim

Under a Cooperation and Standstill Agreement with Oasis, Benson's board tenure is expected to extend through the Company's anticipated November 2026 Annual Meeting, roughly 31 months, during which Oasis will not accumulate more than 9.9% of outstanding shares.

Source (primary)

applied-digital 8-K exhibit (applieddigitalbod-ellabens.htm) (SEC EDGAR (8-K Ex), press_release)
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Quote: “which is contemplated by the Agreement to extend through the date of the Company’s anticipated November 2026 Annual Meeting of Shareholders, or approximately 31 months from the effective date of the Agreement”

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 (applieddigitalbod-ellabens.htm)

Quote: “which is contemplated by the Agreement to extend through the date of the Company’s anticipated November 2026 Annual Meeting of Shareholders, or approximately 31 months from the effective date of the Agreement”

View cached copy (2026-11-07)Live source ↗