Series G Preferred Stock Commitment Increase
Company: Applied Digital
The claim, verbatim
Series G Preferred Stock aggregate commitment increased from $590 million to $1.59 billion per Fourth Amendment to Preferred Equity Purchase Agreement
Source (primary)
Applied Digital S-3 filed 2025-12-05 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “The Fourth Amendment amended the PEPA to, among other things (i) increase the aggregate commitment amount of the shares of the Series G Preferred Stock, from $590.0 million to $1.590 billion”
How we checked this
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Additional evidence
confirms Applied Digital S-3 filed 2025-12-05
Quote: “The Fourth Amendment amended the PEPA to, among other things (i) increase the aggregate commitment amount of the shares of the Series G Preferred Stock, from $590.0 million to $1.590 billion”