Guarantee termination fee—$100M
Company: Applied Digital
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:
- Applied Digital may terminate the Guarantee by paying a termination fee of $100 million
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”
