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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)
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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

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 2025-01-14

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.”

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