jain.com

Senior secured bridge facility for Building 3

Company: Applied Digital - Project: Polaris Forge 1

Subject kind
financing
Statement date
2026-04-22
Promised amount
300.0 USD
Current status
stated

The claim, verbatim

Expects to enter into up to $300 million senior secured bridge facility to fund continued development of 150 MW Building 3 at Polaris Forge 1

Source (primary)

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

Quote: “Applied Digital expects to enter into an up to $300 million senior secured bridge facility to fund continued development of the 150 MW Building 3 data center located on its Polaris Forge 1 campus”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms applied-digital 8-K exhibit (apld_deltaforgexprxfinal.htm)

Quote: “Applied Digital expects to enter into an up to $300 million senior secured bridge facility to fund continued development of the 150 MW Building 3 data center located on its Polaris Forge 1 campus”

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