At-the-Market Sales Agreement capacity and proceeds
Company: Applied Digital
The claim, verbatim
Up to $125,000,000 of shares may be issued under Sales Agreement; approximately 2.9 million shares issued for $16.4 million proceeds
Source (primary)
Applied Digital S-1 filed 2024-10-18 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “Up to $125,000,000 of shares of our Common Stock may be issued if and when sold pursuant to the Sales Agreement. As of the date of this prospectus, approximately 2.9 million shares of our Common Stock have been issued and sold under the Sales Agreement for approximate proceeds to us of $16.4 million.”
How we checked this
Additional evidence
confirms Applied Digital S-1 filed 2024-10-18
Quote: “Up to $125,000,000 of shares of our Common Stock may be issued if and when sold pursuant to the Sales Agreement. As of the date of this prospectus, approximately 2.9 million shares of our Common Stock have been issued and sold under the Sales Agreement for approximate proceeds to us of $16.4 million.”