Articles amendment to increase authorized shares
Company: Applied Digital
What the later record shows
Delivered on time · happened November 20, 2024
The company filed the Articles amendment on November 20, 2024. It raised authorized common stock to 400,000,000 shares and authorized preferred stock to 10,000,000 shares.
“on November 20, 2024, the Company filed an amendment to its Articles of Incorporation, increasing the number of shares of common stock authorized for issuance to 400,000,000 shares”
2025-09-20 · ARS View cached copy (2026-09-01)Live source ↗
Checked October 9, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
Company seeking approval to amend Articles of Incorporation to increase authorized common stock and preferred stock
Source (primary)
Applied Digital DEF 14A filed 2024-10-23 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “To approve an amendment to the Company's Second Amended and Restated Articles of Incorporation, as amended (the "Articles"), to increase the number of shares of common stock and the number of shares of preferred stock authorized for issuance thereunder”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The proxy statement lists this as Proposal 6: an increase in authorized common stock from 300,000,000 to 400,000,000 shares and in authorized preferred stock from 5,000,000 to 10,000,000 shares.
Confirmed in the source:
- Applied Digital sought stockholder approval to amend its Second Amended and Restated Articles of Incorporation to increase its authorized common stock and preferred stock (Proposal 6 at the November 20, 2024 annual meeting)
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000149315224042122/formdef14a.htm) in full (303,817 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital DEF 14A filed 2024-10-23
Quote: “To approve an amendment to the Company's Second Amended and Restated Articles of Incorporation, as amended (the "Articles"), to increase the number of shares of common stock and the number of shares of preferred stock authorized for issuance thereunder”
confirms ARS
Quote: “on November 20, 2024, the Company filed an amendment to its Articles of Incorporation, increasing the number of shares of common stock authorized for issuance to 400,000,000 shares”