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Expected ownership stake in combined company

Company: Applied Digital

Subject kind
acquisition
Statement date
2026-02-15
Promised amount
97.0 percent
Current status
stated

The claim, verbatim

Contributor is expected to own approximately 97% of combined company's outstanding equity before other related transactions

Source (primary)

Applied Digital 8-K filed 2026-02-17 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗

Quote: “Contributor is expected to own approximately 97% of the combined company's outstanding equity before giving effect to the other transactions contemplated by the Contribution and Exchange Agreement”

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 2026-02-17

Quote: “Contributor is expected to own approximately 97% of the combined company's outstanding equity before giving effect to the other transactions contemplated by the Contribution and Exchange Agreement”

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