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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

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

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 ↗