Macquarie preferred equity draw after Q2 2026
Company: Applied Digital
The claim, verbatim
Drew $337.5 million from Macquarie Asset Management under preferred equity financing facility
Source (primary)
Earnings Release (IR page (ir.applieddigital.com), earnings_call)
View cached copy (2026-09-01)Live source ↗Archive.org ↗
Quote: “Drew $337.5 million from Macquarie Asset Management under the Company's preferred equity financing facility of up to $5.0 billion”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
Under 'Subsequent to the Quarter,' the release reports a $337.5 million draw from Macquarie Asset Management under the preferred equity facility.
Confirmed in the source:
- Applied Digital drew $337.5 million from Macquarie Asset Management under its preferred equity financing facility
- The draw occurred after the fiscal second quarter ended
What we did: Read our cached copy of IR page (ir.applieddigital.com) (https://ir.applieddigital.com/news-events/press-releases/detail/142/applied-digital-reports-fiscal-second-quarter-2026-results/) in full (45,559 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Earnings Release
Quote: “Drew $337.5 million from Macquarie Asset Management under the Company's preferred equity financing facility of up to $5.0 billion”