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PIPE investment in combined company

Company: Applied Digital

Subject kind
financing
Statement date
2026-02-16
Current status
stated

The claim, verbatim

A private placement of shares of Ekso's common stock or convertible preferred stock will be completed in connection with the business combination

Source (primary)

Applied Digital DEFA14A filed 2026-02-17 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗

Quote: “Ekso intends to complete a private placement of shares of Ekso's Common Stock or convertible preferred stock up to an amount to be determined by APLD Intermediate (the "PIPE Investment")”

How we checked this

Attempted on September 16, 2026. We could not read enough of the cited source to check this claim.

The verification run did not return a result for this claim (claude -p exit 1: b'').

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000149315226006901/formdefa14a.htm) in full (22,278 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Applied Digital DEFA14A filed 2026-02-17

Quote: “Ekso intends to complete a private placement of shares of Ekso's Common Stock or convertible preferred stock up to an amount to be determined by APLD Intermediate (the "PIPE Investment")”

View cached copy (2026-08-31)Live source ↗