Series G Preferred Stock commitment increase
Company: Applied Digital
The claim, verbatim
Applied Digital increased the aggregate commitment amount of Series G Convertible Preferred Stock from $150 million to $300 million
Source (primary)
Applied Digital 8-K filed 2025-08-15 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “increase the aggregate commitment amount of the shares of Series G Convertible Preferred Stock, par value $0.001 per share (the "Series G Preferred Stock") from $150 million to $300 million”
How we checked this
Checked on September 17, 2026. The cited source supports every part of this claim.
The 8-K states that the first amendment to the preferred equity purchase agreement raised the Series G Preferred Stock commitment from $150 million to $300 million.
Confirmed in the source:
- Applied Digital amended its preferred equity purchase agreement on August 14, 2025
- The amendment increased the aggregate commitment amount of Series G Convertible Preferred Stock from $150 million to $300 million
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000164117225024438/form8-k.htm) in full (6,190 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital 8-K filed 2025-08-15
Quote: “increase the aggregate commitment amount of the shares of Series G Convertible Preferred Stock, par value $0.001 per share (the "Series G Preferred Stock") from $150 million to $300 million”