Conditional Tranche 2 warrant right
Company: Applied Digital
The claim, verbatim
APLD Lender Holdings has the right to acquire 2,964,917 additional warrants to purchase Common Stock at $4.8005 per share with a five-year term, contingent on its agreement to fund additional loans to Applied Digital's subsidiary
Source (primary)
Applied Digital SC 13G filed 2024-06-17 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “has the right to acquire an additional warrant to purchase an additional 2,964,917 shares of Common Stock in connection with its agreement to fund additional loans to a subsidiary of the Issuer, subject to certain conditions”
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 SC 13G filed 2024-06-17
Quote: “has the right to acquire an additional warrant to purchase an additional 2,964,917 shares of Common Stock in connection with its agreement to fund additional loans to a subsidiary of the Issuer, subject to certain conditions”