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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)
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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

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 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.”

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