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$225M Preferred Units from Macquarie

Company: Applied Digital

Subject kind
financing
Statement date
2025-01-13
Promised amount
225000000.0 USD
Current status
stated

The claim, verbatim

APLD HPC Holdings LLC to sell 225,000 Preferred Units at $1,000 per unit for aggregate purchase price of $225,000,000

Source (primary)

Applied Digital 8-K filed 2025-01-14 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗

Quote: “Issuer agreed to sell to the Purchaser at the Closing (as defined in the UPA), 225,000 Preferred Units in the Issuer (the "Preferred Units") at a price per Preferred Unit of $1,000, for an aggregate purchase price of $225,000,000.”

How we checked this

Attempted on September 17, 2026. We could not read enough of the cited source to check this claim.

The verification run did not return a result for this claim (claude -p exit 1: b'').

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000149315225002040/form8-k.htm) in full (16,003 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Applied Digital 8-K filed 2025-01-14

Quote: “Issuer agreed to sell to the Purchaser at the Closing (as defined in the UPA), 225,000 Preferred Units in the Issuer (the "Preferred Units") at a price per Preferred Unit of $1,000, for an aggregate purchase price of $225,000,000.”

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