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Warrant Exercise Potential Proceeds

Company: Applied Digital

Subject kind
financing
Statement date
2024-09-12
Promised amount
30.2 USD
Current status
stated

The claim, verbatim

Warrant for 6,300,449 shares at $4.8005 per share exercise price generates up to $30.2 million if exercised in full in cash

Source (primary)

Applied Digital S-1 filed 2024-09-13 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗

Quote: “If exercised in full in cash, we will receive up to an aggregate of approximately $30.2 million.”

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/1144879/000114487924000245/apld-formsx1ciminitialwarr.htm) in full (113,167 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Applied Digital S-1 filed 2024-09-13

Quote: “If exercised in full in cash, we will receive up to an aggregate of approximately $30.2 million.”

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