Revolving credit facility
Company: Applied Digital
What the later record shows
Not a promise: a reported event · happened May 29, 2026
The claim reports the revolving credit facility as already closed on May 29, 2026. Later filings confirm that date and the $350M + $200M accordion structure.
“On May 29, 2026, as described above, our subsidiary APLD Intermediate HoldCo entered into the 2026 Revolving Credit Facility with First National Bank of Omaha”
2026-07-28 · Applied Digital 10-K filed 2026-07-29 View cached copy (2026-08-30)Live source ↗
Checked October 9, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
Applied Digital closed a revolving credit facility on May 29, 2026, providing up to $350 million of committed capacity with an additional accordion option of up to $200 million, for a total of up to $550 million
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: “closed a revolving credit facility (the "Credit Facility") on May 29, 2026. The Credit Facility was arranged by Goldman Sachs and provides for up to $350 million of committed capacity with an additional accordion option of up to $200 million”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The press release states the closing date, the $350 million committed capacity and the $200 million accordion. Its headline describes the facility as up to $550 million.
Confirmed in the source:
- Applied Digital closed a revolving credit facility on May 29, 2026
- The facility provides up to $350 million of committed capacity
- The facility includes an additional accordion option of up to $200 million
- The facility totals up to $550 million, as stated in the press release headline
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1144879/000149315226027857/ex99-1.htm) in full (7,311 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: “closed a revolving credit facility (the "Credit Facility") on May 29, 2026. The Credit Facility was arranged by Goldman Sachs and provides for up to $350 million of committed capacity with an additional accordion option of up to $200 million”