Applied Digital equity contributions to Polaris Forge 1
Company: Applied Digital - Project: Polaris Forge 1
The claim, verbatim
Applied Digital and its subsidiaries have funded equity contributions exceeding $990 million for Polaris Forge 1 as of September 30, 2025
Source (primary)
Applied Digital 8-K filed 2025-10-09 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “The Company, through its subsidiaries, including among others, APLD Holdings, has funded equity contributions in respect of the Polaris Forge 1 in excess of $990 million as of September 30, 2025”
How we checked this
Checked on September 16, 2026. The cited source supports every part of this claim.
The filing states the amount, the entity, and the as-of date.
Confirmed in the source:
- Applied Digital, through its subsidiaries including APLD Holdings, funded equity contributions for Polaris Forge 1 in excess of $990 million as of September 30, 2025
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000149315225017609/form8-k.htm) in full (22,804 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital 8-K filed 2025-10-09
Quote: “The Company, through its subsidiaries, including among others, APLD Holdings, has funded equity contributions in respect of the Polaris Forge 1 in excess of $990 million as of September 30, 2025”