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Convertible notes interest rate and maturity date

Company: Applied Digital

Subject kind
financing
Statement date
2024-11-04
Promised by
2030-06-01
Promised amount
2.75 percent
Current status
stated

The claim, verbatim

Convertible notes bear interest at 2.75% per year payable semiannually on June 1 and December 1, and will mature on June 1, 2030.

Source (primary)

Applied Digital 8-K filed 2024-11-05 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗

Quote: “The notes are senior unsecured obligations of the Company and bear interest at a rate of 2.75% per year payable semiannually in arrears on June 1 and December 1 of each year, beginning on June 1, 2025. The notes will mature on June 1, 2030”

How we checked this

Attempted on September 17, 2026. We could not read enough of the cited source to check this claim.

The verification run did not return a result for this claim (claude -p exit 1: b'').

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000149315224043604/form8-k.htm) in full (16,904 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Applied Digital 8-K filed 2024-11-05

Quote: “The notes are senior unsecured obligations of the Company and bear interest at a rate of 2.75% per year payable semiannually in arrears on June 1 and December 1 of each year, beginning on June 1, 2025. The notes will mature on June 1, 2030”

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