Promissory Note Repayment
Company: Applied Digital
The claim, verbatim
Company anticipates repaying approximately $6.9 million of promissory note in cash on or prior to stated maturity date
Source (primary)
Applied Digital 8-K filed 2024-10-30 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “The Company anticipates repaying any remaining balance of the promissory note, approximately $6.9 million, in cash pursuant to its terms on or prior to its stated maturity date.”
How we checked this
Checked on September 17, 2026. The cited source supports every part of this claim.
The filing states the company anticipates repaying the remaining promissory note balance of about $6.9 million in cash on or before its stated maturity date.
Confirmed in the source:
- The company anticipates repaying the remaining balance of the promissory note
- The remaining balance is approximately $6.9 million
- Repayment is anticipated in cash
- Repayment is anticipated on or prior to the note's stated maturity date
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: “The Company anticipates repaying any remaining balance of the promissory note, approximately $6.9 million, in cash pursuant to its terms on or prior to its stated maturity date.”