Series F offering proceeds
Company: Applied Digital
What the later record shows
Delivered on time · happened August 30, 2024
A later S-1/A states the Series F private placement closed on August 30, 2024 for $50.0 million, which matches the promised date.
“The Series F Private Placement closed on August 30, 2024, with total proceeds to us of $50.0 million”
2024-11-21 · Applied Digital S-1/A filed 2024-11-22 View cached copy (2026-08-31)Live source ↗
Checked October 9, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
Applied Digital received $50.0 million in gross proceeds from private placement of Series F Convertible Preferred Stock
Source (primary)
Applied Digital 8-K filed 2024-08-30 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “The transaction closed on August 30, 2024, for total gross proceeds to the Company of $50.0 million.”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The filing states that the Series F private placement closed on August 30, 2024, for total gross proceeds of $50.0 million.
Confirmed in the source:
- Applied Digital conducted a private placement of Series F Convertible Preferred Stock
- The Series F private placement produced total gross proceeds to the company of $50.0 million
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000114487924000222/apld-20240829.htm) in full (22,402 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital 8-K filed 2024-08-30
Quote: “The transaction closed on August 30, 2024, for total gross proceeds to the Company of $50.0 million.”
confirms Applied Digital S-1/A filed 2024-11-22
Quote: “The Series F Private Placement closed on August 30, 2024, with total proceeds to us of $50.0 million”