$300M Convertible Senior Notes Offering Due 2030
Company: Applied Digital
The claim, verbatim
The company intends to offer $300 million aggregate principal amount of convertible senior notes due 2030 in a private offering to qualified institutional buyers
Source (primary)
Applied Digital 8-K filed 2024-10-30 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “its intention to offer, subject to market conditions and other factors, $300 million aggregate principal amount of convertible senior notes due 2030 (the "Convertible Notes") in a private offering”
How we checked this
Checked on September 17, 2026. The cited source supports every part of this claim.
The 8-K states Applied Digital intends to offer $300 million of convertible senior notes due 2030 in a private offering to qualified institutional buyers under Rule 144A.
Confirmed in the source:
- The company announced its intention to offer $300 million aggregate principal amount of convertible senior notes
- The notes are due 2030
- The offering is a private offering
- The notes are offered to persons reasonably believed to be qualified institutional buyers under Rule 144A
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000149315224043070/form8-k.htm) in full (5,094 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital 8-K filed 2024-10-30
Quote: “its intention to offer, subject to market conditions and other factors, $300 million aggregate principal amount of convertible senior notes due 2030 (the "Convertible Notes") in a private offering”