Revolving credit facility with Goldman Sachs
Company: Applied Digital
What the later record shows
Not a promise: a reported event · happened May 29, 2026
The claim reports a facility already closed on May 29, 2026. The 10-K confirms it was entered that day with $350 million initial capacity and a $200 million accordion.
“Closed a revolving credit facility of up to $550 million ($350 million committed + $200 million accordion ), arranged by Goldman Sachs and maturing in May 2029”
2026-07-27 · EX-99.1 View cached copy (2026-09-01)Live source ↗
“providing for a revolving credit facility in an initial aggregate principal amount of $ 350 million with an additional accordion option of up to $ 200 million”
2026-07-28 · Applied Digital 10-K filed 2026-07-29 View cached copy (2026-08-30)Live source ↗
Checked October 9, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
Applied Digital closed a $350 million revolving credit facility arranged by Goldman Sachs Lending Partners with an additional accordion option of up to $200 million
Source (primary)
Applied Digital 8-K filed 2026-06-09 (SEC EDGAR, sec_filing)
View cached copy (2026-08-30)Live source ↗
Quote: “closed a revolving credit facility (the "Credit Facility") on May 29, 2026. The Credit Facility was arranged by Goldman Sachs Lending Partners LLC and provides for up to $350 million of committed capacity with an additional accordion option of up to $200 million”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The 8-K states Applied Digital closed a revolving credit facility arranged by Goldman Sachs Lending Partners LLC with up to $350 million of committed capacity and an accordion option of up to $200 million, matching every element of the claim.
Confirmed in the source:
- Applied Digital closed a revolving credit facility (closed May 29, 2026)
- The facility was arranged by Goldman Sachs Lending Partners LLC
- The facility provides up to $350 million of committed capacity
- The facility includes an additional accordion option of up to $200 million
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000149315226027857/form8-k.htm) in full (7,834 characters, retrieved August 30, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital 8-K filed 2026-06-09
Quote: “closed a revolving credit facility (the "Credit Facility") on May 29, 2026. The Credit Facility was arranged by Goldman Sachs Lending Partners LLC and provides for up to $350 million of committed capacity with an additional accordion option of up to $200 million”