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Series E Preferred Stock issuance

Company: Applied Digital

Subject kind
financing
Statement date
2024-10-08
Promised amount
301673.0 shares
Current status
stated

The claim, verbatim

Company issued 301,673 shares of Series E Preferred Stock

Source (primary)

Applied Digital 10-Q filed 2024-10-09 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗

Quote: “Preferred Series E Stock 301,673 6,932”

How we checked this

Checked on September 17, 2026. The cited source supports every part of this claim.

The equity statement and Note 8 show 301,673 Series E Preferred shares sold during the quarter, for net proceeds of about $6.9 million.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000114487924000253/apld-20240831.htm) in full (158,170 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Applied Digital 10-Q filed 2024-10-09

Quote: “Preferred Series E Stock 301,673 6,932”

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