Series E-1 Preferred Stock offering
Company: Applied Digital
The claim, verbatim
Applied Digital Corporation is offering up to 2,500,000 shares of Series E-1 Redeemable Preferred Stock at $25.00 per share
Source (primary)
Applied Digital 8-K filed 2024-09-27 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “offering (the "Offering") of up to 2,500,000 shares (the "Shares") of Series E-1 Redeemable Preferred Stock... Each Share will be sold at a public offering price of $25.00 per share (the "Stated Value")”
How we checked this
Checked on September 17, 2026. The cited source supports every part of this claim.
The filing describes a proposed offering of up to 2,500,000 Series E-1 Redeemable Preferred shares at a $25.00 public offering price, subject to adjustment. At the time of filing, the registration statement had not yet been declared effective.
Confirmed in the source:
- Applied Digital Corporation's offering covers up to 2,500,000 shares of Series E-1 Redeemable Preferred Stock
- The public offering price is $25.00 per share
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000149315224038585/form8-k.htm) in full (11,859 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital 8-K filed 2024-09-27
Quote: “offering (the "Offering") of up to 2,500,000 shares (the "Shares") of Series E-1 Redeemable Preferred Stock... Each Share will be sold at a public offering price of $25.00 per share (the "Stated Value")”