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Completion guarantee from Applied Digital for ELN-04

Company: Applied Digital - Project: Polaris Forge 1

Subject kind
financing
Statement date
2026-06-08
Current status
stated

The claim, verbatim

Applied Digital will provide a customary completion guarantee for the ELN-04 project and will fund APLD ComputeCo 3 as necessary to ensure timely completion

Source (primary)

applied-digital 8-K exhibit (ex99-1.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 confirms both the completion guarantee and the funding commitment for timely completion of ELN-04.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1144879/000149315226027979/ex99-1.htm) in full (8,215 characters, retrieved September 6, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms applied-digital 8-K exhibit (ex99-1.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 ↗