Series F Convertible Preferred Stock placement
Company: Applied Digital
The claim, verbatim
Company closed private placement of 53,191 shares of Series F Convertible Preferred Stock for net proceeds of $50.0 million on August 30, 2024
Source (primary)
Applied Digital S-1 filed 2024-09-23 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “The transaction closed on August 30, 2024, for total net proceeds to the Company of $50.0 million.”
How we checked this
This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.
Additional evidence
confirms Applied Digital S-1 filed 2024-09-23
Quote: “The transaction closed on August 30, 2024, for total net proceeds to the Company of $50.0 million.”