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Investor no-short covenant

Company: Applied Digital

Subject kind
financing
Statement date
2024-03-31
Current status
stated

The claim, verbatim

The investor has contractually agreed not to short Applied Digital stock during the term of the note.

Source (primary)

applied-digital 8-K exhibit (apld-yorkvilleprx33124.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-08)Live source ↗

Quote: “The Investor has contractually agreed not to short the stock during the term of the note.”

How we checked this

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

The release states that the investor has contractually agreed not to short the stock during the term of the note.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1144879/000114487924000061/apld-yorkvilleprx33124.htm) in full (5,644 characters, retrieved November 8, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms applied-digital 8-K exhibit (apld-yorkvilleprx33124.htm)

Quote: “The Investor has contractually agreed not to short the stock during the term of the note.”

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