Macquarie perpetual preferred equity commitment
Company: Applied Digital
The claim, verbatim
Macquarie Asset Management has the right to invest up to an additional $4.9 billion in perpetual preferred equity for the North Dakota campuses, in addition to $1.8 billion already funded.
Source (primary)
Applied Digital Won't Collect Most of Its Rent Until 2029. I'd Wait to Buy the Stock. - The Motley Fool (-, news_article)
View cached copy (2026-09-08)Live source ↗Archive.org ↗
Quote: “Macquarie Asset Management has also funded $1.8 billion of perpetual preferred equity, with the right to invest up to $4.9 billion more, for the North Dakota campuses”
How we checked this
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Additional evidence
confirms Applied Digital Won't Collect Most of Its Rent Until 2029. I'd Wait to Buy the Stock. - The Motley Fool
Quote: “Macquarie Asset Management has also funded $1.8 billion of perpetual preferred equity, with the right to invest up to $4.9 billion more, for the North Dakota campuses”