At-the-Market Sales Agreement
Company: Applied Digital
The claim, verbatim
At-the-Market Sales Agreement authorized for up to $125 million of Common Stock; approximately 2.9 million shares sold for approximately $16.4 million as of prospectus date
Source (primary)
Applied Digital S-1 filed 2024-10-04 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “Up to $125,000,000 of shares of our Common Stock may be issued if and when sold pursuant to the Sales Agreement. As of the date of this prospectus, approximately 2.9 million shares of our Common Stock have been issued and sold under the Sales Agreement for approximate proceeds to us of $16.4 million.”
How we checked this
Additional evidence
confirms Applied Digital S-1 filed 2024-10-04
Quote: “Up to $125,000,000 of shares of our Common Stock may be issued if and when sold pursuant to the Sales Agreement. As of the date of this prospectus, approximately 2.9 million shares of our Common Stock have been issued and sold under the Sales Agreement for approximate proceeds to us of $16.4 million.”