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Series E-1 Preferred Stock dividend commitment

Company: Applied Digital

Subject kind
financing
Statement date
2024-11-13
Promised amount
9.0 percent
Current status
stated

The claim, verbatim

Series E-1 Preferred Stock holders are entitled to receive cumulative dividends at a fixed annual rate of 9% per annum of stated value

Source (primary)

Applied Digital 8-K filed 2024-11-14 (SEC EDGAR, sec_filing)
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Quote: “holders of the Series E-1 Preferred Stock are entitled to receive a cumulative dividend at a fixed annual rate of 9% per annum of the Stated Value of the Series E-1 Preferred Stock, or $1,000.00, per year”

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: “holders of the Series E-1 Preferred Stock are entitled to receive a cumulative dividend at a fixed annual rate of 9% per annum of the Stated Value of the Series E-1 Preferred Stock, or $1,000.00, per year”

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