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1.80x liquidation preference multiple

Company: Applied Digital

Subject kind
financing
Statement date
2025-01-13
Promised amount
1.8 multiple
Current status
stated

The claim, verbatim

Preferred Units carry minimum 1.80x multiple of invested capital liquidation preference inclusive of Common Units value

Source (primary)

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

Quote: “The Preferred Units are to carry a minimum 1.80x multiple of invested capital liquidation preference, inclusive of the value of the Common Units issued to the Purchaser at 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 Preferred Units are to carry a minimum 1.80x multiple of invested capital liquidation preference, inclusive of the value of the Common Units issued to the Purchaser at Closing.”

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