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Garden City facility divestiture

Company: Applied Digital - Project: Garden City

Subject kind
facility timeline
Statement date
2025-10-08
Promised amount
25000.0 USD
Current status
stated

The claim, verbatim

Applied Digital sold its Garden City facility for $25 million

Source (primary)

Applied Digital 10-Q filed 2025-10-09 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗

Quote: “Includes $ 25 million received in connection with the sale of our Garden City facility once conditional approval requirements were met and escrowed funds were released during the three months ended August 31, 2024.”

How we checked this

Attempted on September 16, 2026. We could not read enough of the cited source to check this claim.

The verification run did not return a result for this claim (claude -p exit 1: b'').

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000114487925000069/apld-20250831.htm) in full (179,806 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Applied Digital 10-Q filed 2025-10-09

Quote: “Includes $ 25 million received in connection with the sale of our Garden City facility once conditional approval requirements were met and escrowed funds were released during the three months ended August 31, 2024.”

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