Debt conversion to equity
Company: Applied Digital
The claim, verbatim
Company converted debt into 11,392,978 shares of common stock valued at $56,201 thousand
Source (primary)
Applied Digital 10-Q filed 2024-10-09 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “Conversions of debt — — — — 11,392,978 11 — — 56,201 — 56,201”
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 10-Q filed 2024-10-09
Quote: “Conversions of debt — — — — 11,392,978 11 — — 56,201 — 56,201”