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Capped call transactions cap price

Company: Applied Digital

Subject kind
financing
Statement date
2024-11-04
Promised amount
14.72 per share
Current status
stated

The claim, verbatim

Capped call transactions have a cap price of approximately $14.72, representing a 100% premium over the last reported sale price on October 30, 2024, with total cost of approximately $51.8 million.

Source (primary)

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

Quote: “The cap price of the Capped Call Transactions is approximately $14.72, which represents a premium of 100% over the last reported sale price of the Company's common stock on October 30, 2024. The cost of the Capped Call Transactions was approximately $51.8 million.”

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 cap price of the Capped Call Transactions is approximately $14.72, which represents a premium of 100% over the last reported sale price of the Company's common stock on October 30, 2024. The cost of the Capped Call Transactions was approximately $51.8 million.”

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