Series E Redeemable Preferred Stock offering
Company: Applied Digital
What the later record shows
Not a promise: a reported event · happened May 16, 2024
The claim reports the Series E offering arrangement made on May 16, 2024, before the May 30 statement.
“On May 16, 2024, we entered into a Dealer Manager Agreement with the Dealer Manager”
2024-10-08 · Applied Digital 10-Q filed 2024-10-09 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
Company authorized offering of up to 2,000,000 shares of Series E Redeemable Preferred Stock through dealer manager
Source (primary)
Applied Digital S-1 filed 2024-05-31 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “the Dealer Manager has agreed to serve as the Company's agent and dealer manager for an offering of up to 2,000,000 shares of our Series E Redeemable Preferred Stock”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The filing describes a Dealer Manager Agreement under which Preferred Capital Securities serves as dealer manager for an offering of up to 2,000,000 shares of Series E Redeemable Preferred Stock.
Confirmed in the source:
- Applied Digital entered into a Dealer Manager Agreement with Preferred Capital Securities, LLC on May 16, 2024
- The dealer manager agreed to act as the company's agent and dealer manager for the offering
- The offering covers up to 2,000,000 shares of Series E Redeemable Preferred Stock
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000114487924000143/yorkvilles-1.htm) in full (115,497 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital S-1 filed 2024-05-31
Quote: “the Dealer Manager has agreed to serve as the Company's agent and dealer manager for an offering of up to 2,000,000 shares of our Series E Redeemable Preferred Stock”