Loan received from B. Riley Commercial Capital
Company: Applied Digital
The claim, verbatim
SAI Computing LLC received a loan from B. Riley Commercial Capital and B. Riley Securities
Source (primary)
Applied Digital 8-K filed 2024-06-05 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “a loan that the Company's subsidiary, SAI Computing LLC, received from B. Riley Commercial Capital and B. Riley Securities”
How we checked this
Checked on September 18, 2026. The cited source supports every part of this claim.
The filing states that the Company's subsidiary, SAI Computing LLC, received a loan from B. Riley Commercial Capital and B. Riley Securities.
Confirmed in the source:
- SAI Computing LLC is a subsidiary of Applied Digital Corporation
- SAI Computing LLC received a loan from B. Riley Commercial Capital and B. Riley Securities
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000114487924000145/apld-20240605.htm) in full (3,869 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital 8-K filed 2024-06-05
Quote: “a loan that the Company's subsidiary, SAI Computing LLC, received from B. Riley Commercial Capital and B. Riley Securities”