Common share issuance to Yorkville in exchange for consent
Company: Applied Digital
The claim, verbatim
Company agreed to issue 100,000 common shares to YA II PN, LTD. in exchange for its consent to the CIM financing transaction
Source (primary)
Applied Digital 8-K filed 2024-06-07 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “In exchange for giving its consent to the transaction with the Lender, the Company agreed to issue an aggregate of 100,000 Common Shares to YA”
How we checked this
Checked on September 18, 2026. The cited source supports every part of this claim.
The filing states the 100,000-share issuance to YA in exchange for its consent.
Confirmed in the source:
- The Company agreed to issue an aggregate of 100,000 common shares to YA II PN, LTD.
- The shares are in exchange for YA's consent to the transaction with the CIM Lender
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000114487924000151/apld-20240607.htm) in full (13,148 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital 8-K filed 2024-06-07
Quote: “In exchange for giving its consent to the transaction with the Lender, the Company agreed to issue an aggregate of 100,000 Common Shares to YA”