Prepaid Advance Agreement - $10M Promissory Note
Company: Applied Digital
The claim, verbatim
$10 million Promissory Note issued within two trading days after SEC registration statement became effective (April 23, 2024)
Source (primary)
Applied Digital 424B3 filed 2024-09-11 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “a Promissory Note in the amount of $10,000,000 was issued to the Selling Stockholder, within two trading days after the registration statement... was declared effective by the U.S. Securities and Exchange Commission (the " SEC ") on April 23, 2024”
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 424B3 filed 2024-09-11
Quote: “a Promissory Note in the amount of $10,000,000 was issued to the Selling Stockholder, within two trading days after the registration statement... was declared effective by the U.S. Securities and Exchange Commission (the " SEC ") on April 23, 2024”