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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

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 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 ↗