Standby Equity Purchase Agreement with YA Fund
Company: Applied Digital
The claim, verbatim
Standby Equity Purchase Agreement for up to $250 million of Common Stock available to be issued from time to time
Source (primary)
Applied Digital S-1/A filed 2024-10-29 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “Under the SEPA, we agreed to issue and sell to YA Fund, from time to time, and YA Fund agreed to purchase from us, up to $250 million of our Common Stock, subject to certain obligations and limitations”
How we checked this
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Additional evidence
confirms Applied Digital S-1/A filed 2024-10-29
Quote: “Under the SEPA, we agreed to issue and sell to YA Fund, from time to time, and YA Fund agreed to purchase from us, up to $250 million of our Common Stock, subject to certain obligations and limitations”