Maximum put issuance amount for Series G Preferred Stock
Company: Applied Digital
The claim, verbatim
Maximum put issuance amount set to $75,000,000 per issuance
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 put issuance amount to $75,000,000 per issuance”
How we checked this
Checked on September 16, 2026. The cited source supports part of this claim, but not all of it.
The dollar cap is stated in the filing, but the filing conditions it on waiver by a majority-in-interest of the investors, a qualifier the claim drops.
Confirmed in the source:
- The Fourth Amendment sets the maximum put issuance amount at $75,000,000 per issuance
We could not confirm this from the cited source:
- That the $75,000,000 per-issuance 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 put issuance amount to $75,000,000 per issuance”