Secured $150M in funding
Company: Applied Digital
The claim, verbatim
Secured over $150 million in funding from various financings and the settlement of the Garden City contingency subsequent to fiscal year end
Source (primary)
Earnings Release (IR page (ir.applieddigital.com), earnings_call)
View cached copy (2026-09-01)Live source ↗Archive.org ↗
Quote: “Subsequent to the fiscal year end we secured over $150 million in funding from various financings and the settlement of the Garden City contingency.”
How we checked this
Checked on September 16, 2026. The cited source supports every part of this claim.
The press release's Recent Operational Highlights states exactly this, including the amount, the timing relative to fiscal year end, and the two sources of funding.
Confirmed in the source:
- Applied Digital secured over $150 million in funding subsequent to fiscal year end (May 31, 2024)
- The funding came from various financings and the settlement of the Garden City contingency
What we did: Read our cached copy of IR page (ir.applieddigital.com) (https://ir.applieddigital.com/news-events/press-releases/detail/105/applied-digital-reports-fiscal-fourth-quarter-and-full-year/) in full (35,024 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Earnings Release
Quote: “Subsequent to the fiscal year end we secured over $150 million in funding from various financings and the settlement of the Garden City contingency.”