jain.com

Series F Preferred Stock offering

Company: Applied Digital

Subject kind
financing
Statement date
2024-10-03
Promised amount
50.0 USD
Event date
2024-08-30
Current status
stated

What the later record shows

Not a promise: a reported event · happened August 30, 2024

The claim, made on 2024-10-03, reports a closing that had already happened on August 30, 2024. A later filing confirms that closing.

“The Series F Private Placement closed on August 30, 2024, with total proceeds to us of $50.0 million”
2024-11-21 · Applied Digital S-1/A filed 2024-11-22 View cached copy (2026-08-31)Live source ↗

Checked October 9, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.

The claim, verbatim

Series F Preferred Stock offering closed on August 30, 2024 for 53,191 shares with total proceeds of $50.0 million

Source (primary)

Applied Digital S-1 filed 2024-10-04 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗

Quote: “The transaction closed on August 30, 2024, for total proceeds to the Company of $50.0 million, before deducting certain offering expenses.”

How we checked this

Checked on October 10, 2026. The cited source supports every part of this claim.

The filing states the Series F offering was for 53,191 shares and closed on August 30, 2024 for $50.0 million in total proceeds before expenses.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000149315224039591/forms-1.htm) in full (130,138 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Applied Digital S-1 filed 2024-10-04

Quote: “The transaction closed on August 30, 2024, for total proceeds to the Company of $50.0 million, before deducting certain offering expenses.”

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

Record of changes

September 3, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
September 4, 2026 — delayed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 9, 2026 — outcome unconfirmed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 9, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.