Credit facility with Sumitomo Mitsui Banking Corporation
Company: Applied Digital
The claim, verbatim
Applied Digital established a Credit and Guaranty Agreement with Sumitomo Mitsui Banking Corporation
Source (primary)
Applied Digital 8-K/A filed 2025-02-13 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “Credit and Guaranty Agreement, dated as of February 11, 2025, by and among APLD HPC Holdings LLC, the Subsidiary Guarantors, the Lenders and Sumitomo Mitsui Banking Corporation”
How we checked this
Checked on September 17, 2026. The cited source supports every part of this claim.
Applied Digital's 8-K/A lists a Credit and Guaranty Agreement dated February 11, 2025 among APLD HPC Holdings LLC, subsidiary guarantors, lenders and Sumitomo Mitsui Banking Corporation. It also lists a Parent Guarantee from Applied Digital Corporation, which ties the facility to the company. The named party is the APLD HPC Holdings entity, not Applied Digital Corporation itself.
Confirmed in the source:
- A Credit and Guaranty Agreement dated February 11, 2025 exists with Sumitomo Mitsui Banking Corporation as a party
- The agreement was entered into by Applied Digital's entity APLD HPC Holdings LLC, for which Applied Digital Corporation provided a Parent Guarantee, and was filed by Applied Digital as an exhibit to its own 8-K/A
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000149315225006268/form8-ka.htm) in full (4,207 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital 8-K/A filed 2025-02-13
Quote: “Credit and Guaranty Agreement, dated as of February 11, 2025, by and among APLD HPC Holdings LLC, the Subsidiary Guarantors, the Lenders and Sumitomo Mitsui Banking Corporation”