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Yorkville funding agreement amendments

Company: Applied Digital

Subject kind
partnership
Statement date
2024-11-04
Current status
stated

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

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: “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.”

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