$150 million loan from Macquarie Equipment Capital
Company: Applied Digital
The claim, verbatim
Applied Digital's subsidiary entered into a $150 million promissory note with Macquarie Equipment Capital, Inc. on November 27, 2024, which was fully drawn on that date.
Source (primary)
Applied Digital 8-K filed 2024-12-02 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “On November 27, 2024... entered into a promissory note (the "Promissory Note") with Macquarie Equipment Capital, Inc., a Delaware corporation (the "Lender"). The Promissory Note, which was fully drawn on November 27, 2024, provides for a loan of $150 million”
How we checked this
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Additional evidence
confirms Applied Digital 8-K filed 2024-12-02
Quote: “On November 27, 2024... entered into a promissory note (the "Promissory Note") with Macquarie Equipment Capital, Inc., a Delaware corporation (the "Lender"). The Promissory Note, which was fully drawn on November 27, 2024, provides for a loan of $150 million”