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Phase I Tranche pricing

Company: Applied Digital

Subject kind
financing
Statement date
2026-09-09
Promised amount
35701555.2 USD
Current status
stated

The claim, verbatim

Applied Digital set pricing at $1.99 per GPU per hour for Phase I Tranche with total contract value of $35,701,555.20.

Source (primary)

Docket 277 entry #38 - 1 (RECAP, court_filing)
View cached copy (2026-09-09)Live source ↗

Quote: “Applied Digital alleges that Character Tech. agreed to pay usage fees of $1.99 per GPU per hour, with a total contract value for Phase I Tranche of $35,701,555.20.”

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 Docket 277 entry #38 - 1

Quote: “Applied Digital alleges that Character Tech. agreed to pay usage fees of $1.99 per GPU per hour, with a total contract value for Phase I Tranche of $35,701,555.20.”

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