AI Bridge Funding promissory note prepaid via common stock issuance
Company: Applied Digital
The claim, verbatim
Unsecured Promissory Note to AI Bridge Funding LLC made January 30, 2024 was prepaid in full as of May 15, 2024 through issuance of 8,421,146 shares of Common Stock
Source (primary)
Applied Digital 8-K filed 2024-05-17 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “that certain Unsecured Promissory Note, made by the Company on January 30, 2024 and amended on March 27, 2024 and April 26, 2024 (the "AI Note") in favor of AI Bridge Funding LLC (the "Holder"), was prepaid in its entirety through the issuance of an aggregate of 8,421,146 shares of Common Stock”
How we checked this
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Additional evidence
confirms Applied Digital 8-K filed 2024-05-17
Quote: “that certain Unsecured Promissory Note, made by the Company on January 30, 2024 and amended on March 27, 2024 and April 26, 2024 (the "AI Note") in favor of AI Bridge Funding LLC (the "Holder"), was prepaid in its entirety through the issuance of an aggregate of 8,421,146 shares of Common Stock”