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Guarantee termination fee—$100M

Company: Applied Digital

Subject kind
financing
Statement date
2026-03-03
Promised amount
100.0 million USD
Current status
stated

The claim, verbatim

Applied Digital may terminate the guarantee by paying a termination fee of $100 million.

Source (primary)

Applied Digital 8-K filed 2026-03-04 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗

Quote: “the payment by the Company of a termination fee equal to either $50 million (if paid by August 1, 2026 and Base Electron is current in its payments to B&W) or $100 million”

How we checked this

Checked on September 16, 2026. The cited source supports every part of this claim.

The filing identifies $100 million as the alternative termination fee amount that allows the Company to terminate the Guarantee.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000149315226008849/form8-k.htm) in full (11,125 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Applied Digital 8-K filed 2026-03-04

Quote: “the payment by the Company of a termination fee equal to either $50 million (if paid by August 1, 2026 and Base Electron is current in its payments to B&W) or $100 million”

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