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$1.59B senior secured notes due 2031

Company: Applied Digital - Project: Polaris Forge 1

Subject kind
financing
Statement date
2026-06-08
Promised amount
1590000000.0 USD
Current status
stated

The claim, verbatim

APLD ComputeCo 3 intends to offer $1.59 billion aggregate principal amount of senior secured notes due 2031 in a private offering

Source (primary)

applied-digital 8-K exhibit (ex99-3.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-06)Live source ↗

Quote: “$1.59 billion aggregate principal amount of senior secured notes due 2031”

How we checked this

Checked on September 19, 2026. The cited source supports every part of this claim.

The document states APLD ComputeCo 3 intends to offer $1.59 billion of senior secured notes due 2031 in a private offering, matching every assertion.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1144879/000149315226027857/ex99-3.htm) in full (8,164 characters, retrieved September 6, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms applied-digital 8-K exhibit (ex99-3.htm)

Quote: “$1.59 billion aggregate principal amount of senior secured notes due 2031”

View cached copy (2026-09-06)Live source ↗