Strategy advisory partnership with GMR and SparkPool
Company: Applied Digital
The claim, verbatim
Executed strategy planning agreement in March 2021 with GMR and SparkPool for crypto asset mining management and equipment procurement; issued 7,440,148 shares to each
Source (primary)
Applied Digital S-1 filed 2024-10-18 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “In March 2021, we executed a strategy planning and portfolio advisory services agreement with GMR Limited... and Xsquared Holding Limited... we issued 7,440,148 shares of our Common Stock to each of GMR and SparkPool.”
How we checked this
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Additional evidence
confirms Applied Digital S-1 filed 2024-10-18
Quote: “In March 2021, we executed a strategy planning and portfolio advisory services agreement with GMR Limited... and Xsquared Holding Limited... we issued 7,440,148 shares of our Common Stock to each of GMR and SparkPool.”