Electric Service Agreement with upper Midwest utility
Company: Applied Digital
The claim, verbatim
Company has contractual ceiling for energy costs through Amended and Restated Electric Service Agreement entered into September 2023 with utility in upper Midwest
Source (primary)
Applied Digital S-1 filed 2024-05-31 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “We have a contractual ceiling for our energy costs through our Amended and Restated Electric Service Agreement, entered into in September 2023 with a utility in the upper Midwest (the "Electric Service Agreement").”
How we checked this
Checked on September 18, 2026. The cited source supports every part of this claim.
The business description states each element of the claim. The filing's exhibit list separately dates an Amended and Restated Electric Services Agreement to September 13, 2021, so the filing is internally inconsistent on the date.
Confirmed in the source:
- The company has a contractual ceiling for its energy costs
- The ceiling comes through an Amended and Restated Electric Service Agreement
- The agreement was entered into in September 2023
- The counterparty is a utility in the upper Midwest
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: “We have a contractual ceiling for our energy costs through our Amended and Restated Electric Service Agreement, entered into in September 2023 with a utility in the upper Midwest (the "Electric Service Agreement").”