Cloud Services Customer Contract
Company: Applied Digital
What the later record shows
Not a promise: a reported event · happened June 30, 2023
The claim reports a contract already signed in June 2023. Only the month is given, so the date is set to month-end.
“in June 2023, entered into a 36-month contract with a second customer in the Cloud Services Business.”
2024-07-08 · Applied Digital 424B5 filed 2024-07-09 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
Entered into 36-month contract with second customer in Cloud Services Business in June 2023
Source (primary)
Applied Digital 424B5 filed 2024-05-17 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “in June 2023, entered into a 36-month contract with a second customer in the Cloud Services Business.”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The document states that in June 2023 Sai Computing entered into a 36-month contract with a second Cloud Services customer.
Confirmed in the source:
- In June 2023, Applied Digital's subsidiary Sai Computing entered into a 36-month contract with a second customer in the Cloud Services Business
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000114487924000132/preferredcapitalprospectus.htm) in full (178,920 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital 424B5 filed 2024-05-17
Quote: “in June 2023, entered into a 36-month contract with a second customer in the Cloud Services Business.”