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Series E Preferred Stock Offering

Company: Applied Digital

Subject kind
financing
Statement date
2024-05-16
Promised amount
50000000.0 USD
Current status
stated

The claim, verbatim

Offering of up to 2,000,000 shares of Series E Preferred Stock at $25.00 per share for maximum gross proceeds of $50,000,000

Source (primary)

Applied Digital 424B5 filed 2024-05-17 (SEC EDGAR, sec_filing)
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Quote: “Up to 2,000,000 shares of our Series E Redeemable Preferred Stock, par value $0.001 per share ("Series E Preferred Stock") at a price per share of $25.00 per share. ... aggregate offering price of up to $50,000,000”

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 424B5 filed 2024-05-17

Quote: “Up to 2,000,000 shares of our Series E Redeemable Preferred Stock, par value $0.001 per share ("Series E Preferred Stock") at a price per share of $25.00 per share. ... aggregate offering price of up to $50,000,000”

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