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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)
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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

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 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 ↗