Dealer Manager Agreement with Preferred Capital Securities, LLC
Company: Applied Digital
The claim, verbatim
Applied Digital Corporation entered into a Dealer Manager Agreement with Preferred Capital Securities, LLC to serve as the Company's agent and dealer manager for the Series E-1 Preferred Stock offering
Source (primary)
Applied Digital 8-K filed 2024-09-27 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “Applied Digital Corporation (the "Company") entered into a Dealer Manager Agreement (the "Dealer Manager Agreement") with Preferred Capital Securities, LLC (the "Dealer Manager"), pursuant to which the Dealer Manager has agreed to serve as the Company's agent and dealer manager for the Company's proposed offering (the "Offering") of up to 2,500,000 shares (the "Shares") of Series E-1 Redeemable Preferred Stock”
How we checked this
Checked on September 17, 2026. The cited source supports every part of this claim.
The filing states that on September 23, 2024, the Company entered into this agreement, under which Preferred Capital Securities serves as agent and dealer manager for the Series E-1 offering.
Confirmed in the source:
- Applied Digital Corporation entered into a Dealer Manager Agreement with Preferred Capital Securities, LLC
- Preferred Capital Securities agreed to serve as the Company's agent and dealer manager for the Series E-1 Preferred Stock offering
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: “Applied Digital Corporation (the "Company") entered into a Dealer Manager Agreement (the "Dealer Manager Agreement") with Preferred Capital Securities, LLC (the "Dealer Manager"), pursuant to which the Dealer Manager has agreed to serve as the Company's agent and dealer manager for the Company's proposed offering (the "Offering") of up to 2,500,000 shares (the "Shares") of Series E-1 Redeemable Preferred Stock”