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Series E Preferred Stock proceeds

Company: Applied Digital

Subject kind
financing
Statement date
2024-10-03
Promised amount
6.9 USD
Current status
stated

The claim, verbatim

Series E Preferred Stock: sold 301,673 shares for net proceeds of approximately $6.9 million

Source (primary)

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

Quote: “As of the date of this prospectus, we sold 301,673 shares of Series E Preferred Stock for net proceeds of approximately $6.9 million in total.”

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/1144879/000149315224039591/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: “As of the date of this prospectus, we sold 301,673 shares of Series E Preferred Stock for net proceeds of approximately $6.9 million in total.”

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