jain.com
The Analysis · Companies · People · Methodology

CIM Promissory Note total outstanding balance

Company: Applied Digital

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

The claim, verbatim

Total balance outstanding under CIM Promissory Note approximately $125 million as of prospectus date

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, the total balance outstanding under the CIM Promissory Note is approximately $125 million.”

How we checked this

Attempted on September 17, 2026. We could not read enough of the cited source to check this claim.

The verification run did not return a result for this claim (claude -p exit 1: b'').

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000149315224041455/forms-1.htm) in full (144,260 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Applied Digital S-1 filed 2024-10-18

Quote: “As of the date of this prospectus, the total balance outstanding under the CIM Promissory Note is approximately $125 million.”

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