jain.com
The Analysis · Companies · People · Methodology

Extended exclusivity for hyperscaler 400 MW lease

Company: Applied Digital - Project: Ellendale

Subject kind
partnership
Statement date
2024-09-22
Current status
stated

The claim, verbatim

On July 26, 2024, company extended exclusivity period for 400 MW HPC facility lease with U.S.-based hyperscaler

Source (primary)

Applied Digital S-1 filed 2024-09-23 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗

Quote: “On July 26, 2024, the Company extended the initial exclusivity period under the previously announced letter of intent with the U.S. based hyperscaler for leasing the HPC Ellendale Facility.”

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/1144879/000149315224037827/forms-1.htm) in full (181,241 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Applied Digital S-1 filed 2024-09-23

Quote: “On July 26, 2024, the Company extended the initial exclusivity period under the previously announced letter of intent with the U.S. based hyperscaler for leasing the HPC Ellendale Facility.”

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