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Senior secured notes offering

Company: Applied Digital

Subject kind
financing
Statement date
2025-11-10
Promised amount
2350.0 million USD
Current status
stated

The claim, verbatim

APLD ComputeCo LLC intends to offer $2.35 billion aggregate principal amount of senior secured notes due 2030 in a private offering to qualified institutional buyers

Source (primary)

Applied Digital 8-K filed 2025-11-10 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗

Quote: “APLD ComputeCo LLC, its subsidiary, to offer, subject to market conditions and other factors, $2.35 billion aggregate principal amount of senior secured notes due 2030 in a private offering to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and outside the United States to non-U.S. persons in reliance on Regulation S under the Securities Act”

How we checked this

Attempted on September 16, 2026. We could not read enough of the cited source to check this claim.

The verification run did not return a result for this claim (claude -p exit 1: b'').

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000149315225021404/form8-k.htm) in full (5,995 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Applied Digital 8-K filed 2025-11-10

Quote: “APLD ComputeCo LLC, its subsidiary, to offer, subject to market conditions and other factors, $2.35 billion aggregate principal amount of senior secured notes due 2030 in a private offering to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and outside the United States to non-U.S. persons in reliance on Regulation S under the Securities Act”

View cached copy (2026-08-31)Live source ↗