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Series E-1 Redeemable Preferred Stock Offering

Company: Applied Digital

Subject kind
financing
Statement date
2024-10-28
Promised amount
62.5 million USD
Current status
stated

The claim, verbatim

Offering of up to 62,500 shares of Series E-1 Redeemable Preferred Stock at $1,000 per share for maximum proceeds of $62.5 million

Source (primary)

Applied Digital S-1/A filed 2024-10-29 (SEC EDGAR, sec_filing)
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Quote: “Up to 62,500 shares of Series E-1 Redeemable Preferred Stock, par value $0.001 per share ("Series E-1 Preferred Stock"), at a price per share of $1,000.00 per share (the "Offering")”

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 S-1/A filed 2024-10-29

Quote: “Up to 62,500 shares of Series E-1 Redeemable Preferred Stock, par value $0.001 per share ("Series E-1 Preferred Stock"), at a price per share of $1,000.00 per share (the "Offering")”

View cached copy (2026-08-31)Live source ↗