jain.com

Claim for unpaid balance and breach

Company: Applied Digital

Subject kind
financing
Statement date
2026-09-09
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)

Docket 277 entry #38 - 1 (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

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. 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 ↗