$45M Greenshoe Option on Convertible Notes
Company: Applied Digital
The claim, verbatim
Initial purchasers have an option to purchase up to an additional $45 million aggregate principal amount of convertible notes within 13 days of issuance
Source (primary)
Applied Digital 8-K filed 2024-10-30 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “grant 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 $45 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 2024-10-30
Quote: “grant 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 $45 million aggregate principal amount of the Convertible Notes”