AI Bridge Warrant Issuance
Company: Applied Digital
What the later record shows
Not a promise: a reported event · happened April 26, 2024
The claim reports warrants already issued under the April 26, 2024 amendment to the AI Bridge note. Later filings confirm the amendment and the 3,000,000 reserved warrant shares.
“3,000,000 shares of common stock reserved for issuance upon exercise of outstanding warrants”
2024-07-08 · Applied Digital 424B5 filed 2024-07-09 View cached copy (2026-08-31)Live source ↗
“On April 26, 2024, we entered into the Amendment No. 2”
2024-10-28 · Applied Digital S-1/A filed 2024-10-29 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
Issued warrants to purchase up to 3,000,000 shares of Common Stock to AI Bridge Funding LLC as part of April 26, 2024 amendment to promissory note
Source (primary)
Applied Digital 424B5 filed 2024-06-17 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “we issued warrants to purchase up to 3,000,000 shares of our Common Stock to AI”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The filing describes the April 26, 2024 AI Amendment and the issuance of warrants for up to 3,000,000 shares to AI Bridge Funding LLC under it.
Confirmed in the source:
- On April 26, 2024 Applied Digital entered into an amendment to its promissory note in favor of AI Bridge Funding LLC
- Under that amendment, warrants to purchase up to 3,000,000 shares of Common Stock were issued to AI Bridge Funding LLC
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: “we issued warrants to purchase up to 3,000,000 shares of our Common Stock to AI”