$25M released from Garden City sale escrow
Company: Applied Digital - Project: Garden City
The claim, verbatim
$25 million released from escrow on July 30, 2024 from the sale of Garden City, Texas facility
Source (primary)
Earnings Release (IR page (ir.applieddigital.com), earnings_call)
View cached copy (2026-09-01)Live source ↗Archive.org ↗
Quote: “On July 30, 2024 the conditional approval requirements related to the release of the escrowed funds from the sale of its Garden City, Texas facility were met, and those funds were received from escrow totaling $25 million.”
How we checked this
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Additional evidence
confirms Earnings Release
Quote: “On July 30, 2024 the conditional approval requirements related to the release of the escrowed funds from the sale of its Garden City, Texas facility were met, and those funds were received from escrow totaling $25 million.”