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Series E-1 Preferred Stock offering initiated

Company: Applied Digital

Subject kind
financing
Statement date
2024-11-13
Promised amount
62500000.0 USD
Current status
stated

The claim, verbatim

Applied Digital initiated a registered offering of up to $62,500,000 of Series E-1 Redeemable Preferred Stock

Source (primary)

Applied Digital 8-K filed 2024-11-14 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗

Quote: “entered into a Dealer Manager Agreement with Preferred Capital Securities, LLC (the "Dealer Manager"), pursuant to which the Dealer Manager agreed to serve as the Company's agent and dealer manager for the Company's registered offering (the "Series E-1 Offering") of up to $62,500,000 of the Company's Series E-1 Redeemable Preferred Stock”

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 2024-11-14

Quote: “entered into a Dealer Manager Agreement with Preferred Capital Securities, LLC (the "Dealer Manager"), pursuant to which the Dealer Manager agreed to serve as the Company's agent and dealer manager for the Company's registered offering (the "Series E-1 Offering") of up to $62,500,000 of the Company's Series E-1 Redeemable Preferred Stock”

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