Series E Preferred Stock dividend rate
Company: Applied Digital
The claim, verbatim
Dividends on Series E Preferred Stock accrue at annual rate of 9.0% of Stated Value
Source (primary)
Applied Digital 8-K filed 2024-05-17 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “dividends on the shares of Series E Preferred Stock (the "Shares") shall accrue at an annual rate of 9.0% of the Stated Value of the Shares”
How we checked this
Checked on September 18, 2026. The cited source supports every part of this claim.
The filing describes a Certificate of Amendment providing that Series E dividends accrue at 9.0% per year of the Stated Value.
Confirmed in the source:
- Dividends on Series E Preferred Stock accrue at an annual rate of 9.0% of the Stated Value
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000114487924000133/apld-20240516.htm) in full (9,975 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital 8-K filed 2024-05-17
Quote: “dividends on the shares of Series E Preferred Stock (the "Shares") shall accrue at an annual rate of 9.0% of the Stated Value of the Shares”