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Applied Digital to guarantee ELN-04 project completion

Company: Applied Digital - Project: Polaris Forge 1

Subject kind
facility timeline
Statement date
2026-06-08
Current status
stated

The claim, verbatim

Applied Digital will provide a completion guarantee under which it will fund APLD ComputeCo 3 as necessary to ensure timely completion of the ELN-04 project

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: “Applied Digital will provide a customary completion guarantee with respect to the ELN-04 project, under which it will fund APLD ComputeCo 3 as necessary to ensure the timely completion of the ELN-04 project”

How we checked this

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

The document states Applied Digital will provide a completion guarantee funding APLD ComputeCo 3 as necessary to ensure timely completion of ELN-04, 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: “Applied Digital will provide a customary completion guarantee with respect to the ELN-04 project, under which it will fund APLD ComputeCo 3 as necessary to ensure the timely completion of the ELN-04 project”

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