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Series G Convertible Preferred Stock Floor Price increase

Company: Applied Digital

Subject kind
financing
Statement date
2025-09-25
Promised amount
22.0 USD
Current status
stated

The claim, verbatim

The Floor Price for the conversion price of Series G Convertible Preferred Stock was increased to $22.00 from $12.50

Source (primary)

Applied Digital 8-K filed 2025-09-26 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗

Quote: “The Certificate of Designations Amendment amends the Certificate of Designations to increase the Floor Price (as set forth in Section 1.5(c)(i) of the Certificate of Designations) to $22.00 from $12.50.”

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/1144879/000149315225015760/form8-k.htm) in full (3,981 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Applied Digital 8-K filed 2025-09-26

Quote: “The Certificate of Designations Amendment amends the Certificate of Designations to increase the Floor Price (as set forth in Section 1.5(c)(i) of the Certificate of Designations) to $22.00 from $12.50.”

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