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Optional $4.1B for future HPC projects

Company: Applied Digital

Subject kind
financing
Statement date
2025-01-13
Promised amount
4100000000.0 USD
Current status
stated

The claim, verbatim

Purchaser has right to invest up to $4.1 billion on same terms for future HPC datacenter development projects within 30 months following Closing

Source (primary)

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

Quote: “The Purchaser's right to invest up to an additional $4.1 billion on the same terms of the Preferred Units to provide a portion of the equity financing for future HPC datacenter development projects presented to the Purchaser by the Issuer during the 30 months following the Closing”

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: “The Purchaser's right to invest up to an additional $4.1 billion on the same terms of the Preferred Units to provide a portion of the equity financing for future HPC datacenter development projects presented to the Purchaser by the Issuer during the 30 months following the Closing”

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