Series E Preferred Stock offering via dealer manager
Company: Applied Digital
The claim, verbatim
Applied Digital entered into Dealer Manager Agreement with Preferred Capital Securities, LLC to offer up to 2,000,000 shares of Series E Redeemable Preferred Stock at $25.00 per share
Source (primary)
Applied Digital 8-K filed 2024-05-17 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “entered into a Dealer Manager Agreement (the "Dealer Manager Agreement") with Preferred Capital Securities, LLC (the "Dealer Manager"), pursuant to which the Dealer Manager has agreed to serve as the Company's agent and dealer manager for the Company's offering (the "Offering") of up to 2,000,000 shares of its Series E Redeemable Preferred Stock... Each share of Series E Preferred Stock will be sold a public offering price of $25.00 per share (the "Stated Value").”
How we checked this
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Additional evidence
confirms Applied Digital 8-K filed 2024-05-17
Quote: “entered into a Dealer Manager Agreement (the "Dealer Manager Agreement") with Preferred Capital Securities, LLC (the "Dealer Manager"), pursuant to which the Dealer Manager has agreed to serve as the Company's agent and dealer manager for the Company's offering (the "Offering") of up to 2,000,000 shares of its Series E Redeemable Preferred Stock... Each share of Series E Preferred Stock will be sold a public offering price of $25.00 per share (the "Stated Value").”