Series G put limit escalation schedule
Company: Applied Digital
The claim, verbatim
Initial $75 million put limit automatically increases by $25 million increments on the 10th, 40th, and 70th days after registration effective date, reaching $150 million maximum
Source (primary)
Applied Digital 8-K filed 2025-05-01 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “The initial limit will automatically increase by an incremental $25 million, for a maximum of the Commitment Amount, on each of the 10th, 40th and 70th days after the date on which a registration statement covering the resale of the shares of Common Stock underlying the Series G Preferred Stock is declared effective”
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 initial limit will automatically increase by an incremental $25 million, for a maximum of the Commitment Amount, on each of the 10th, 40th and 70th days after the date on which a registration statement covering the resale of the shares of Common Stock underlying the Series G Preferred Stock is declared effective”