jain.com

Claim for unpaid balance and breach

Company: Applied Digital

Subject kind
financing
Statement date
2026-07-23
Promised amount
31957929.4 USD
Current status
stated

The claim, verbatim

Applied Digital alleges Character Tech. failed to pay remaining balance of $31,957,929.40 and that after this non-payment, Applied Digital declared Character Tech. in breach of the Agreement and relieved itself of performance obligations.

Source (primary)

Applied Digital Corporation v. Character Technologies, Inc. — Entry #38 (RECAP, court_filing)
View cached copy (2026-09-09)Live source ↗

Quote: “Applied Digital alleges that Character Tech. failed to pay the remaining balance of $31,957,929.40... Applied Digital contends that after Character Tech. failed to make the payments required under the Agreement and Second Addendum, Applied Digital declared that Character Tech. had breached the Agreement and thus, Applied Digital was relieved of its own performance obligations.”

How we checked this

Checked on October 11, 2026. The cited source supports every part of this claim.

The claim correctly presents these points as Applied Digital's allegations, and the opinion reports them that way.

Confirmed in the source:

What we did: Read our cached copy of RECAP (https://archive.org/download/gov.uscourts.ded.90000/gov.uscourts.ded.90000.38.0.pdf) in full (48,875 characters, retrieved September 9, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Applied Digital Corporation v. Character Technologies, Inc. — Entry #38

Quote: “Applied Digital alleges that Character Tech. failed to pay the remaining balance of $31,957,929.40... Applied Digital contends that after Character Tech. failed to make the payments required under the Agreement and Second Addendum, Applied Digital declared that Character Tech. had breached the Agreement and thus, Applied Digital was relieved of its own performance obligations.”

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

Record of changes

September 9, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 9, 2026 — stated
Review. statement_date 2026-09-09 was the source's retrieval date; source published 2026-07-23.