Initial warrant issuance
Company: Applied Digital
The claim, verbatim
Applied Digital has issued warrants to purchase 9,265,366 shares of Common Stock, exercisable within five years at an exercise price of $4.8005 per share
Source (primary)
Applied Digital SC 13G/A filed 2024-11-08 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “APLD Lender Holdings currently directly owns warrants to purchase an aggregate of 9,265,366 shares of Common Stock (the "Initial Warrants")... The Initial Warrants are exercisable within five years from their respective issue date and have an exercise price of $4.8005 per share”
How we checked this
Checked on September 17, 2026. The cited source supports every part of this claim.
The CIM group's Schedule 13G/A states that CIM APLD Lender Holdings owns warrants to buy 9,265,366 Applied Digital common shares. It also states they are exercisable within five years of issue at $4.8005 per share.
Confirmed in the source:
- Warrants exist to purchase an aggregate of 9,265,366 shares of Applied Digital Common Stock (the Initial Warrants, held directly by CIM APLD Lender Holdings, LLC)
- The Initial Warrants are exercisable within five years from their respective issue date
- The Initial Warrants have an exercise price of $4.8005 per share
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000119312524254185/d880824dsc13ga.htm) in full (16,857 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital SC 13G/A filed 2024-11-08
Quote: “APLD Lender Holdings currently directly owns warrants to purchase an aggregate of 9,265,366 shares of Common Stock (the "Initial Warrants")... The Initial Warrants are exercisable within five years from their respective issue date and have an exercise price of $4.8005 per share”