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Placement agent transaction fees

Company: Applied Digital

Subject kind
financing
Statement date
2024-08-29
Promised amount
3.5 percent
Current status
stated

The claim, verbatim

Northland Securities, Inc. will receive fees equal to 3.5% of the gross transaction amount as placement agent

Source (primary)

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

Quote: “Northland Securities, Inc. acted as the Placement Agent and will receive fees in an amount equal to 3.5% of the gross transaction amount.”

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 2024-08-30

Quote: “Northland Securities, Inc. acted as the Placement Agent and will receive fees in an amount equal to 3.5% of the gross transaction amount.”

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