Put issuance frequency limitation
Company: Applied Digital
The claim, verbatim
Limited to one put issuance per seven business day period
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 limit to one put issuance per seven (7) business day period”
How we checked this
Checked on September 16, 2026. The cited source supports part of this claim, but not all of it.
The frequency limit is in the filing, but it sits in a clause the investors may waive, which the claim does not mention.
Confirmed in the source:
- The Fourth Amendment sets a limit of one put issuance per seven business day period
We could not confirm this from the cited source:
- That the one-put-per-seven-business-days limit 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 limit to one put issuance per seven (7) business day period”