Convertible notes initial conversion price
Company: Applied Digital
The claim, verbatim
Initial conversion price of convertible notes is approximately $9.75 per share, equivalent to an initial conversion rate of 102.5431 shares per $1,000 principal amount.
Source (primary)
Applied Digital 8-K filed 2024-11-05 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “The initial conversion rate of 102.5431 shares per $1,000 principal amount of notes (equivalent to an initial conversion price of approximately $9.75 per share of common stock).”
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 initial conversion rate of 102.5431 shares per $1,000 principal amount of notes (equivalent to an initial conversion price of approximately $9.75 per share of common stock).”