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$45M first draw from Macquarie Equipment Capital

Company: Applied Digital

Subject kind
financing
Statement date
2025-12-21
Promised amount
45.0 USD
Current status
stated

The claim, verbatim

Applied Digital's subsidiary APLD DevCo LLC received $45 million as the First Draw on December 18, 2025

Source (primary)

Applied Digital 8-K filed 2025-12-22 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗

Quote: “The Promissory Note provides for a principal sum of (a) $45 million (the "First Draw"), which was drawn on the Closing Date”

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 Applied Digital 8-K filed 2025-12-22

Quote: “The Promissory Note provides for a principal sum of (a) $45 million (the "First Draw"), which was drawn on the Closing Date”

View cached copy (2026-08-31)Live source ↗