Senior secured revolving credit facility
Company: Applied Digital
The claim, verbatim
Expects to enter into up to $300 million senior secured revolving credit facility for development and working capital
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: “an up to $300 million senior secured revolving credit facility to fund pre-lease and post-lease development activities across Applied Digital's platform, as well as general working capital needs and transaction expenses”
How we checked this
Checked on September 19, 2026. The cited source supports every part of this claim.
The document states the revolving facility and its stated purposes.
Confirmed in the source:
- Applied Digital expects to enter into an up to $300 million senior secured revolving credit facility
- Facility to fund pre-lease/post-lease development and general working capital needs
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1144879/000114487926000036/apld_deltaforgexprxfinal.htm) in full (7,835 characters, retrieved September 9, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms applied-digital 8-K exhibit (apld_deltaforgexprxfinal.htm)
Quote: “an up to $300 million senior secured revolving credit facility to fund pre-lease and post-lease development activities across Applied Digital's platform, as well as general working capital needs and transaction expenses”