Form S-1 registration statement effective date requirement
Company: Applied Digital
What the later record shows
Outcome not yet confirmed
No passage says whether or when the S-1 resale registration statement was declared effective. Later passages only restate the effectiveness terms.
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 is obligated to file Form S-1 registration statement for resale of common shares underlying the promissory note, to be declared effective by SEC no later than July 1, 2024.
Source (primary)
Applied Digital 8-K filed 2024-05-24 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “the Company is obligated to prepare and file with the Securities and Exchange Commission (the "SEC") a Registration Statement on Form S-1, registering the resale of the Common Shares underlying the Promissory Note (the "Registration Statement"), to be declared effective by the SEC no later than July 1, 2024”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The filing states that the company must file a Form S-1 covering resale of the shares underlying the note, to be declared effective by July 1, 2024.
Confirmed in the source:
- Under the Prepaid Advance Agreement, Applied Digital is obligated to prepare and file a Registration Statement on Form S-1 with the SEC
- The Form S-1 registers the resale of the common shares underlying the Promissory Note
- The Registration Statement is to be declared effective by the SEC no later than July 1, 2024
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000114487924000140/apld-20240524.htm) in full (15,238 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital 8-K filed 2024-05-24
Quote: “the Company is obligated to prepare and file with the Securities and Exchange Commission (the "SEC") a Registration Statement on Form S-1, registering the resale of the Common Shares underlying the Promissory Note (the "Registration Statement"), to be declared effective by the SEC no later than July 1, 2024”