Macquarie preferred equity draw during Q2 2026
Company: Applied Digital
The claim, verbatim
Drew $562.5 million from Macquarie Asset Management under preferred equity financing facility of up to $5.0 billion
Source (primary)
Earnings Release (IR page (ir.applieddigital.com), earnings_call)
View cached copy (2026-09-01)Live source ↗Archive.org ↗
Quote: “Drew an additional $562.5 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.
The quarter highlights list a $562.5 million draw from Macquarie Asset Management under the up-to-$5.0 billion preferred equity facility.
Confirmed in the source:
- Applied Digital drew $562.5 million from Macquarie Asset Management
- The draw was under a preferred equity financing facility of up to $5.0 billion
- The draw occurred during the fiscal second quarter
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 an additional $562.5 million from Macquarie Asset Management under the Company's preferred equity financing facility of up to $5.0 billion”