Removal of Put Issuance limitation
Company: Applied Digital
The claim, verbatim
Applied Digital removed the Put Limitation that previously capped any single Put Issuance to $75 million, increasing access to capital
Source (primary)
Applied Digital 8-K filed 2025-08-15 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “increase its access to capital by removing the Put Limitation (as defined in the PEPA) that had previously limited the aggregate purchase price for any Put Issuance (as defined in the PEPA) to no more than $75 million”
How we checked this
Checked on September 17, 2026. The cited source supports every part of this claim.
The 8-K says the amendment removed the Put Limitation, which had capped any Put Issuance at $75 million, in order to increase the company's access to capital.
Confirmed in the source:
- Applied Digital removed the Put Limitation
- The Put Limitation had capped the aggregate purchase price for any Put Issuance at no more than $75 million
- The stated purpose of removing the limitation was to increase access to capital
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000164117225024438/form8-k.htm) in full (6,190 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital 8-K filed 2025-08-15
Quote: “increase its access to capital by removing the Put Limitation (as defined in the PEPA) that had previously limited the aggregate purchase price for any Put Issuance (as defined in the PEPA) to no more than $75 million”