CIM Promissory Note Additional Borrowing
Company: Applied Digital
The claim, verbatim
Company can draw additional $20 million from CIM Promissory Note following Waiver Agreement
Source (primary)
Applied Digital S-1 filed 2024-09-13 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “allowing the Company to draw an additional $20 million (net of original discount and fees) of borrowings under the Promissory Note.”
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 2024-09-13
Quote: “allowing the Company to draw an additional $20 million (net of original discount and fees) of borrowings under the Promissory Note.”