jain.com

Base Electron agreement financial-close condition

Company: Applied Digital - Project: Base Electron North Dakota Gas Plant

Subject kind
partnership
Statement date
2026-11-09
Promised by
2027-03-31
Current status
stated

The claim, verbatim

The Base Electron power agreement may be terminated if the planned North Dakota natural gas facility does not achieve financial close by March 31, 2027.

Source (primary)

Applied Digital Slides 37% YTD: Time to Exit or Hold the Stock? - Yahoo Finance (-, news_article)
View cached copy (2026-11-10)Live source ↗Archive.org ↗

Quote: “the agreement may be terminated if the facility fails to achieve financial close by March 31, 2027”

How we checked this

Checked on November 11, 2026. The cited source supports every part of this claim.

The article states that the agreement may be terminated if the planned North Dakota facility misses financial close by March 31, 2027.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://finance.yahoo.com/markets/stocks/articles/applied-digital-slides-37-ytd-152000407.html) in full (14,371 characters, retrieved November 10, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Applied Digital Slides 37% YTD: Time to Exit or Hold the Stock? - Yahoo Finance

Quote: “the agreement may be terminated if the facility fails to achieve financial close by March 31, 2027”

View cached copy (2026-11-10)Live source ↗Archive.org ↗