$375M term loan facility
Company: Applied Digital
The claim, verbatim
Applied Digital secured $375 million in aggregate term loans that were immediately available as of February 11, 2025
Source (primary)
Applied Digital 8-K filed 2025-02-12 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “The Credit Agreement provides for an aggregate of $375 million of term loans (collectively, the "Loans"), the entire amount of which was immediately available on the Closing Date”
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 2025-02-12
Quote: “The Credit Agreement provides for an aggregate of $375 million of term loans (collectively, the "Loans"), the entire amount of which was immediately available on the Closing Date”