Macquarie $5 billion perpetual preferred equity financing facility
Company: Applied Digital
The claim, verbatim
Applied Digital entered into a $5.0 billion perpetual preferred equity financing facility with Macquarie Asset Management for its HPC business
Source (primary)
Earnings Release (IR page (ir.applieddigital.com), earnings_call)
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Quote: “Applied Digital Corporation entered today into a $5.0 billion perpetual preferred equity financing facility, with investment vehicles of funds managed by Macquarie Asset Management ("MAM"), for its HPC business conducted through APLD HPC Holdings LLC ("APLDH"), a subsidiary of Applied Digital.”
How we checked this
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Additional evidence
confirms Earnings Release
Quote: “Applied Digital Corporation entered today into a $5.0 billion perpetual preferred equity financing facility, with investment vehicles of funds managed by Macquarie Asset Management ("MAM"), for its HPC business conducted through APLD HPC Holdings LLC ("APLDH"), a subsidiary of Applied Digital.”