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Termination of prior equity purchase agreement

Company: Applied Digital

This claim was marked delayed on September 3, 2026. Recorded automatically from the cited source when it was published, then queued for evidence review.

How this was decided: Automated extraction from the cited source. The claim is preserved below exactly as it was originally published, so the record shows what was asserted as well as what became of it.

Subject kind
financing
Statement date
2025-04-30
Promised by
2025-05-07
Current status
delayed

The claim, verbatim

Applied Digital terminated its Standby Equity Purchase Agreement with YA II PN, LTD., effective May 7, 2025

Source (primary)

Applied Digital 8-K filed 2025-05-01 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗

Quote: “the Company delivered a notice terminating its existing Standby Equity Purchase Agreement, dated as of August 28, 2024, as amended, with YA II PN, LTD. (the "SEPA"), effective May 7, 2025”

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 filed 2025-05-01

Quote: “the Company delivered a notice terminating its existing Standby Equity Purchase Agreement, dated as of August 28, 2024, as amended, with YA II PN, LTD. (the "SEPA"), effective May 7, 2025”

View cached copy (2026-08-31)Live source ↗

Record of changes

September 2, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
September 3, 2026 — delayed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.