Placement agent fee to Northland Securities for SEPA
Company: Applied Digital
The claim, verbatim
Applied Digital agreed to pay Northland Securities an amount equal to 1% of the $250 million SEPA Aggregate Commitment, totaling 528,541 shares of common stock at $4.73 per share
Source (primary)
Applied Digital 8-K filed 2024-09-10 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “Northland Securities, Inc. acted as placement agent and received a fee equal to 1% of the SEPA Aggregate Commitment. The Company has agreed to pay the SEPA Placement Agent Fee in shares of common stock at a price per share of $4.73 per share, for a total number of shares equal to 528,541”
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 8-K filed 2024-09-10
Quote: “Northland Securities, Inc. acted as placement agent and received a fee equal to 1% of the SEPA Aggregate Commitment. The Company has agreed to pay the SEPA Placement Agent Fee in shares of common stock at a price per share of $4.73 per share, for a total number of shares equal to 528,541”