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ELN-02 Project completion deadline

Company: Applied Digital - Project: Polaris Forge 1

This claim was marked delayed on September 4, 2026. Recorded automatically from the cited source when it was published, then queued for evidence review.

How this was decided: Automated extraction from the cited source. The claim is preserved below exactly as it was originally published, so the record shows what was asserted as well as what became of it.

Subject kind
facility timeline
Statement date
2024-12-01
Promised by
2025-12-06
Current status
delayed

The claim, verbatim

If the ELN-02 Project is not completed by December 6, 2025, the borrower must mandatorily prepay the full outstanding principal balance of the promissory note together with accrued interest.

Source (primary)

Applied Digital 8-K filed 2024-12-02 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗

Quote: “to the extent that the ELN-02 Project (as defined therein) is not completed by December 6, 2025, the Borrower must mandatorily prepay the full outstanding principal balance of the Promissory Note together with accrued interest”

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 2024-12-02

Quote: “to the extent that the ELN-02 Project (as defined therein) is not completed by December 6, 2025, the Borrower must mandatorily prepay the full outstanding principal balance of the Promissory Note together with accrued interest”

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

Record of changes

September 3, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
September 4, 2026 — delayed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.