Initial loan from Macquarie Equipment Capital
Company: Applied Digital
The claim, verbatim
APLD FAR-01 LLC entered into a promissory note with Macquarie Equipment Capital providing for a principal sum of $50 million, drawn on September 9, 2025, bearing interest at 8.0% per annum, with maturity on September 9, 2027
Source (primary)
Applied Digital 8-K filed 2025-09-12 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “The Promissory Note provides for a principal sum of (a) $50 million (the "Initial Loan"), which was drawn on the Closing Date... The Loan shall bear interest at 8.0% per annum... The Promissory Note matures on the earliest of... (iii) September 9, 2027.”
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 8-K filed 2025-09-12
Quote: “The Promissory Note provides for a principal sum of (a) $50 million (the "Initial Loan"), which was drawn on the Closing Date... The Loan shall bear interest at 8.0% per annum... The Promissory Note matures on the earliest of... (iii) September 9, 2027.”