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Convertible Notes offering

Company: Applied Digital

Subject kind
financing
Statement date
2024-11-21
Promised by
2030-06-01
Promised amount
450.0 USD
Current status
stated

The claim, verbatim

Applied Digital completed a private offering of 2.75% Convertible Senior Notes due 2030 on November 4, 2024 with aggregate principal amount of $450 million.

Source (primary)

Applied Digital S-1/A filed 2024-11-22 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗

Quote: “On November 4, 2024, we completed a private offering (the "Convertible Notes Offering") of 2.75% Convertible Senior Notes due 2030 (the "Convertible Notes"). The aggregate principal amount of Convertible Notes sold in the Convertible Notes Offering was $450.0 million”

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/1144879/000149315224047408/forms-1a.htm) in full (150,630 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Applied Digital S-1/A filed 2024-11-22

Quote: “On November 4, 2024, we completed a private offering (the "Convertible Notes Offering") of 2.75% Convertible Senior Notes due 2030 (the "Convertible Notes"). The aggregate principal amount of Convertible Notes sold in the Convertible Notes Offering was $450.0 million”

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