Michael Maniscalco severance payment
Company: Applied Digital
What the later record shows
Outcome not yet confirmed
No passage mentions Michael Maniscalco's severance or its payment.
Checked October 9, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
Michael Maniscalco will receive $200,000 in severance payable in substantially equal installments over six months following his January 31, 2025 separation as Chief Technology Officer
Source (primary)
Applied Digital 8-K/A filed 2025-02-21 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “The Company has agreed to pay Mr. Maniscalco as severance $200,000, payable in substantially equal installments in accordance with the Company's regular payroll practices over a period of six (6) months following January 31, 2024, the separation date.”
How we checked this
Checked on October 10, 2026. The cited source supports part of this claim, but not all of it.
The filing supports the amount, the installment schedule and the January 31, 2025 resignation. However, its severance clause gives the separation date as January 31, 2024, which is likely a typo in the filing, so the claim's date for the start of the severance period is not cleanly established.
Confirmed in the source:
- Michael Maniscalco was Applied Digital's Chief Technology Officer
- Maniscalco resigned effective January 31, 2025
- Applied Digital agreed to pay Maniscalco $200,000 in severance
- The severance is payable in substantially equal installments over six months
We could not confirm this from the cited source:
- The filing does not consistently say the six-month severance period follows a January 31, 2025 separation date; the severance clause itself names January 31, 2024 as the separation date
That does not mean it is false — only that this source does not establish it, as of the date above. If we find a source that settles it, we will re-check and update this page.
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000149315225007903/form8-ka.htm) in full (8,222 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital 8-K/A filed 2025-02-21
Quote: “The Company has agreed to pay Mr. Maniscalco as severance $200,000, payable in substantially equal installments in accordance with the Company's regular payroll practices over a period of six (6) months following January 31, 2024, the separation date.”