Subsidiary guaranty of promissory note obligations
Company: Applied Digital
The claim, verbatim
Certain subsidiaries of Applied Digital entered into a guaranty to guarantee the Company's complete performance and fulfillment of obligations under the PPA and Promissory Note.
Source (primary)
Applied Digital 8-K filed 2024-05-24 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “certain of the Company's subsidiaries (the "Guarantors") entered into a Guaranty, dated May 24, 2024 (the "Guaranty"). Pursuant to the terms of the Guaranty, the Guarantors agreed to guarantee the complete performance and fulfillment of the Company's obligations under the PPA and the Promissory Note”
How we checked this
This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.
Additional evidence
confirms Applied Digital 8-K filed 2024-05-24
Quote: “certain of the Company's subsidiaries (the "Guarantors") entered into a Guaranty, dated May 24, 2024 (the "Guaranty"). Pursuant to the terms of the Guaranty, the Guarantors agreed to guarantee the complete performance and fulfillment of the Company's obligations under the PPA and the Promissory Note”