Extended LOI exclusivity period for Ellendale campus
Company: Applied Digital - Project: Polaris Forge 1
What the later record shows
Not a promise: a reported event · happened July 26, 2024
The claim reports an exclusivity extension signed on July 26, 2024, which was already done when it was stated on 2024-08-28.
Checked October 9, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
Entered into agreement on July 26, 2024 extending exclusivity period under LOI for leasing Ellendale HPC data center campus
Source (primary)
Earnings Release (IR page (ir.applieddigital.com), earnings_call)
View cached copy (2026-09-01)Live source ↗Archive.org ↗
Quote: “On July 26, 2024, Applied Digital Corporation entered into an agreement extending the exclusivity period under the previously announced LOI for leasing the Company's Ellendale, North Dakota HPC data center campus.”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The release states that on July 26, 2024 the company agreed to extend the exclusivity period under the previously announced LOI for leasing its Ellendale HPC campus.
Confirmed in the source:
- On July 26, 2024 Applied Digital entered into an agreement extending the exclusivity period under its LOI
- The LOI concerns leasing the company's Ellendale, North Dakota HPC data center campus
What we did: Read our cached copy of IR page (ir.applieddigital.com) (https://ir.applieddigital.com/news-events/press-releases/detail/105/applied-digital-reports-fiscal-fourth-quarter-and-full-year/) in full (35,024 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Earnings Release
Quote: “On July 26, 2024, Applied Digital Corporation entered into an agreement extending the exclusivity period under the previously announced LOI for leasing the Company's Ellendale, North Dakota HPC data center campus.”
confirms Earnings Release
Quote: “On July 26, 2024, Applied Digital Corporation entered into an agreement extending the exclusivity period under the previously announced LOI for leasing the Company's Ellendale, North Dakota HPC data center campus”