Warrant issuance for 1,035,197 shares at $9.66 per share
Company: Applied Digital
The claim, verbatim
The company issued warrants to purchase up to 1,035,197 shares of common stock at $9.66 per share as partial consideration for the $150 million loan.
Source (primary)
Applied Digital 8-K filed 2024-12-02 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “the Company issued to the Lender warrants (the "Warrants") to purchase up to 1,035,197 shares of common stock of the Company, par value $0.001 (the "Common Shares")... The Warrants will have an exercise price of $9.66 per share”
How we checked this
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Additional evidence
confirms Applied Digital 8-K filed 2024-12-02
Quote: “the Company issued to the Lender warrants (the "Warrants") to purchase up to 1,035,197 shares of common stock of the Company, par value $0.001 (the "Common Shares")... The Warrants will have an exercise price of $9.66 per share”