Maximum aggregate stated value of Series G Preferred Stock
Company: Applied Digital
The claim, verbatim
Maximum aggregate stated value of Series G Preferred Stock outstanding at any one time set to $75,000,000
Source (primary)
Applied Digital 8-K filed 2025-10-21 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “set the maximum aggregate stated value of Series G Preferred Stock outstanding at any one time to $75,000,000”
How we checked this
Checked on September 16, 2026. The cited source supports part of this claim, but not all of it.
The filing states the cap but places it within a clause subject to investor waiver, which the claim presents as an absolute limit.
Confirmed in the source:
- The Fourth Amendment sets the maximum aggregate stated value of Series G Preferred Stock outstanding at any one time at $75,000,000
We could not confirm this from the cited source:
- That the $75,000,000 outstanding-value cap applies unconditionally — the filing makes it subject to waiver by a majority-in-interest of the investors
That does not mean it is false — only that this source does not establish it, as of the date above. If we find a source that settles it, we will re-check and update this page.
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000149315225018800/form8-k.htm) in full (7,304 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital 8-K filed 2025-10-21
Quote: “set the maximum aggregate stated value of Series G Preferred Stock outstanding at any one time to $75,000,000”