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Garden City escrow release

Company: Applied Digital - Project: Garden City

Subject kind
financing
Statement date
2024-10-17
Promised amount
25.0 USD
Current status
stated

The claim, verbatim

Received remaining $25 million of purchase price from Garden City hosting facility sale held in escrow

Source (primary)

Applied Digital S-1 filed 2024-10-18 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗

Quote: “As of the date of this prospectus, we have received the remaining $25 million of the purchase price, previously held in escrow pending such conditional approval.”

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 filed 2024-10-18

Quote: “As of the date of this prospectus, we have received the remaining $25 million of the purchase price, previously held in escrow pending such conditional approval.”

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