Yorkville funding agreement amendments
Company: Applied Digital
The claim, verbatim
Company entered into amendments to Prepaid Advance Agreement and promissory note with YA II PN, LTD on October 29, 2024, providing consent to convertible notes offering and share repurchases, and removing restrictions on redemption before January 1, 2025.
Source (primary)
Applied Digital 8-K filed 2024-11-05 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “on October 29, 2024, the Company entered into certain amendments to its Prepaid Advance Agreement and related promissory note with YA II PN, LTD, each dated March 27, 2024. The amendments (i) provided consent to the notes offering and share repurchase transactions and (ii) removed certain prior restrictions on redemption of the promissory note before January 1, 2025.”
How we checked this
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Additional evidence
confirms Applied Digital 8-K filed 2024-11-05
Quote: “on October 29, 2024, the Company entered into certain amendments to its Prepaid Advance Agreement and related promissory note with YA II PN, LTD, each dated March 27, 2024. The amendments (i) provided consent to the notes offering and share repurchase transactions and (ii) removed certain prior restrictions on redemption of the promissory note before January 1, 2025.”