Option for initial purchasers to purchase additional Convertible Notes
Company: Applied Digital
The claim, verbatim
Initial purchasers granted option to purchase up to $75 million aggregate principal amount of additional Convertible Notes within 13-day period from issuance
Source (primary)
Applied Digital 8-K filed 2024-10-31 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “The Company also granted to the initial purchasers of the Convertible Notes an option to purchase, within a 13-day period beginning on, and including, the date on which the Convertible Notes are first issued, up to an additional $75 million aggregate principal amount of the Convertible Notes.”
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 2024-10-31
Quote: “The Company also granted to the initial purchasers of the Convertible Notes an option to purchase, within a 13-day period beginning on, and including, the date on which the Convertible Notes are first issued, up to an additional $75 million aggregate principal amount of the Convertible Notes.”