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Series E Preferred Stock dividend rate

Company: Applied Digital

Subject kind
financing
Statement date
2024-05-16
Promised amount
9.0 percent
Current status
stated

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)
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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

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 2024-05-17

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”

View cached copy (2026-08-31)Live source ↗