CIM Warrant Offering
Company: Applied Digital
What the later record shows
Delivered on time · happened June 17, 2024
The FY2025 10-K states the initial warrants for 6,300,449 shares were issued on June 17, 2024, matching the promised date.
“The CIM Warrants were issued in two tranches: for the purchase of up to 6,300,449 Common Shares”
2025-07-29 · Applied Digital 10-K filed 2025-07-30 View cached copy (2026-08-31)Live source ↗
“issued on June 17, 2024, and 2,964,917 Common Shares”
2025-07-29 · Applied Digital 10-K filed 2025-07-30 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
Warrant to purchase up to 6,300,449 shares of Common Stock at $4.8005 per share, exercisable for five years from issuance date
Source (primary)
Applied Digital 424B5 filed 2024-06-17 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “Warrant to purchase up to 6,300,449 Shares of Common Stock... The Warrant is immediately exercisable for shares of our Common stock at an exercise price of $4.8005 per share and may be exercised for a period of five years following the issuance date.”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The prospectus supplement states the share count, the $4.8005 exercise price and the five-year exercise period.
Confirmed in the source:
- The warrant covers up to 6,300,449 shares of Common Stock
- The exercise price is $4.8005 per share
- The warrant is exercisable for five years from the issuance date
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000114487924000167/a06142024ciminitialwarrant.htm) in full (130,571 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital 424B5 filed 2024-06-17
Quote: “Warrant to purchase up to 6,300,449 Shares of Common Stock... The Warrant is immediately exercisable for shares of our Common stock at an exercise price of $4.8005 per share and may be exercised for a period of five years following the issuance date.”
confirms Applied Digital 10-K filed 2025-07-30
Quote: “The CIM Warrants were issued in two tranches: for the purchase of up to 6,300,449 Common Shares”