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Convertible notes net proceeds

Company: Applied Digital

Subject kind
financing
Statement date
2024-11-04
Promised amount
434.5 USD
Current status
stated

The claim, verbatim

Net proceeds from convertible notes offering were approximately $434.5 million after discounts, commissions, and estimated offering expenses.

Source (primary)

Applied Digital 8-K filed 2024-11-05 (SEC EDGAR, sec_filing)
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Quote: “The net proceeds from the sale of the notes were approximately $434.5 million after deducting the Initial Purchasers' discounts and commissions and estimated offering expenses payable by the Company.”

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 2024-11-05

Quote: “The net proceeds from the sale of the notes were approximately $434.5 million after deducting the Initial Purchasers' discounts and commissions and estimated offering expenses payable by the Company.”

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