Estimated net proceeds from offering
Company: Applied Digital
The claim, verbatim
Company estimates net proceeds of approximately $361.8 million (or $434.5 million if option exercised in full), after deducting discounts and commissions but before offering expenses
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 estimates that the net proceeds of the Offering will be approximately $361.8 million (or approximately $434.5 million if the initial purchasers exercise in full their option to purchase additional Convertible Notes), after deducting the initial purchasers' discounts and commissions but before estimated offering expenses payable by the Company.”
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 estimates that the net proceeds of the Offering will be approximately $361.8 million (or approximately $434.5 million if the initial purchasers exercise in full their option to purchase additional Convertible Notes), after deducting the initial purchasers' discounts and commissions but before estimated offering expenses payable by the Company.”