Guarantee termination fee—$50M by August 1, 2026
Company: Applied Digital
What the later record shows
Outcome not yet confirmed
The passages only restate that Applied Digital has the option to pay the $50 million fee. None says whether the fee was paid by August 1, 2026 or whether the guarantee was terminated.
“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)”
2026-04-07 · Applied Digital 10-Q filed 2026-04-08 View cached copy (2026-08-30)Live source ↗
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
Applied Digital may terminate the guarantee by paying a termination fee of $50 million if paid by August 1, 2026 and Base Electron remains current on payments to B&W.
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 October 10, 2026. The cited source supports every part of this claim.
The 8-K states Applied Digital may terminate the Guarantee by paying a $50 million fee if paid by August 1, 2026 and Base Electron is current in its payments to B&W (otherwise $100 million). The claim accurately reflects the $50 million branch.
Confirmed in the source:
- Applied Digital may, in its sole discretion, terminate the guarantee by paying a termination fee
- The termination fee is $50 million if paid by August 1, 2026
- The $50 million fee requires that Base Electron be current in its payments to B&W
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”