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Divestiture of Garden City Facility

Company: Applied Digital

Subject kind
acquisition
Statement date
2024-04-10
Current status
stated

The claim, verbatim

The company made a strategic decision to divest its Garden City Facility.

Source (primary)

applied-digital 8-K exhibit (apld3q24earningsrelease.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-08)Live source ↗

Quote: “the strategic decision to divest our Garden City Facility”

How we checked this

Checked on November 9, 2026. The cited source supports every part of this claim.

The CEO's commentary lists the strategic decision to divest the Garden City Facility as an achievement.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1144879/000114487924000077/apld3q24earningsrelease.htm) in full (28,454 characters, retrieved November 8, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms applied-digital 8-K exhibit (apld3q24earningsrelease.htm)

Quote: “the strategic decision to divest our Garden City Facility”

View cached copy (2026-11-08)Live source ↗