Macquarie Warrant Issuance
Company: Applied Digital - Project: Polaris Forge 1
The claim, verbatim
Issued 2.4 million warrant shares to designated affiliates of Macquarie, exercisable upon Purchaser funding full $450 million in Polaris Forge 1
Source (primary)
Applied Digital S-3 filed 2025-12-05 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “On October 6, 2025, we issued to the designated affiliates of the Purchaser, the Warrants to purchase an aggregate of 2.4 million shares of common stock. The Warrants will become exercisable upon the Purchaser funding the full $450 million in Polaris Forge 1.”
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 S-3 filed 2025-12-05
Quote: “On October 6, 2025, we issued to the designated affiliates of the Purchaser, the Warrants to purchase an aggregate of 2.4 million shares of common stock. The Warrants will become exercisable upon the Purchaser funding the full $450 million in Polaris Forge 1.”