Intended use of proceeds for capped call transactions
Company: Applied Digital
The claim, verbatim
Company intends to use approximately $51.8 million of net proceeds to pay the cost of capped call transactions.
Source (primary)
Applied Digital 8-K filed 2024-11-05 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “approximately $51.8 million of the net proceeds from the offering to pay the cost of the capped call transactions”
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: “approximately $51.8 million of the net proceeds from the offering to pay the cost of the capped call transactions”