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Series F Preferred Stock redemption window

Company: Applied Digital

Subject kind
financing
Statement date
2024-08-29
Promised by
2024-12-31
Promised amount
1000.0 USD
Current status
outcome unconfirmed

What the later record shows

Outcome not yet confirmed

Preferred stock tables show no Series F redemptions. The remaining 43,000 Series F shares were converted during the quarter ended February 28, 2025. No passage addresses the redemption window itself.

“Outstanding as of November 30, 2024 301,673 $ 6,932 43,000 $ 43,000 6,359 $ 5,850 Issuances, net of costs — — — — 33,404 30,437”
2026-04-07 · Applied Digital 10-Q filed 2026-04-08 View cached copy (2026-08-30)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

Holders of Series F Preferred Stock have right to redeem shares for $1,000 per share at any time between December 31, 2024 and January 10, 2025

Source (primary)

Applied Digital 8-K filed 2024-08-30 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗

Quote: “at any time between December 31, 2024 and January 10, 2025, the holders of Series F Preferred Stock will have the right to redeem their shares of Series F Preferred Stock for the then-current Series F Stated Value.”

How we checked this

Checked on October 10, 2026. The cited source supports part of this claim, but not all of it.

The filing confirms the redemption window, but it sets the price at the 'then-current' stated value. That value starts at $1,000 per share and can increase if dividends are paid in kind by accruing onto it, so the price is not necessarily $1,000.

Confirmed in the source:

We could not confirm this from the cited source:

That does not mean it is false — only that this source does not establish it, as of the date above. If we find a source that settles it, we will re-check and update this page.

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: “at any time between December 31, 2024 and January 10, 2025, the holders of Series F Preferred Stock will have the right to redeem their shares of Series F Preferred Stock for the then-current Series F Stated Value.”

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

Record of changes

September 3, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
September 4, 2026 — delayed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 9, 2026 — outcome unconfirmed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.