Share Issuance to YA II PN for Consent
Company: Applied Digital
The claim, verbatim
Agreed to issue 100,000 shares of Common Stock to YA II PN, LTD in exchange for consent to CIM Promissory Note transaction
Source (primary)
Applied Digital 424B5 filed 2024-06-17 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “the Company agreed to issue to YA an aggregate of 100,000 shares of Common Stock”
How we checked this
Checked on September 18, 2026. The cited source supports every part of this claim.
The filing says the company agreed to issue 100,000 common shares to YA II PN in exchange for YA's consent to the CIM Promissory Note transaction.
Confirmed in the source:
- Applied Digital agreed to issue an aggregate of 100,000 shares of Common Stock to YA II PN, LTD.
- The shares were in exchange for YA's consent to the transaction under the Promissory Note
- That Promissory Note is between Applied Digital's subsidiary and CIM APLD Lender Holdings, 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: “the Company agreed to issue to YA an aggregate of 100,000 shares of Common Stock”