10% equity stake in Base Electron
Company: Applied Digital
The claim, verbatim
Base Electron has agreed to issue 10% of its outstanding equity to Applied Digital as partial consideration for the guarantee.
Source (primary)
Applied Digital 8-K filed 2026-03-04 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “Base Electron has agreed to issue to Applied Digital 10% of Base Electron's outstanding equity”
How we checked this
Checked on September 16, 2026. The cited source supports every part of this claim.
The filing states the 10% equity issuance was made in connection with and as partial consideration for the Guarantee.
Confirmed in the source:
- Base Electron has agreed to issue 10% of its outstanding equity to Applied Digital
- The equity issuance is partial consideration for Applied Digital's entry into the Guarantee
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000149315226008849/form8-k.htm) in full (11,125 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital 8-K filed 2026-03-04
Quote: “Base Electron has agreed to issue to Applied Digital 10% of Base Electron's outstanding equity”