CoreWeave Warrant Issuance
Company: Applied Digital - Project: Polaris Forge 1
The claim, verbatim
Issued warrant to CoreWeave to acquire up to 8,393,611 shares of common stock at exercise price of $10.75 per share in connection with third lease agreement for 150 MW at Polaris Forge 1
Source (primary)
Applied Digital S-3 filed 2025-12-05 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “On August 28, 2025, in connection with the third lease agreement, we issued CoreWeave a warrant (the "Additional CoreWeave Warrants") to acquire up to 8,393,611 shares of our common stock at an exercise price of $10.75 per share”
How we checked this
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Additional evidence
confirms Applied Digital S-3 filed 2025-12-05
Quote: “On August 28, 2025, in connection with the third lease agreement, we issued CoreWeave a warrant (the "Additional CoreWeave Warrants") to acquire up to 8,393,611 shares of our common stock at an exercise price of $10.75 per share”