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Series G Preferred Stock Floor Price Increased

Company: Applied Digital

Subject kind
financing
Statement date
2025-10-16
Promised amount
34.0 USD
Current status
stated

The claim, verbatim

The Floor Price for Series G Convertible Preferred Stock was increased from $22.00 to $34.00

Source (primary)

Applied Digital 8-K filed 2025-10-17 (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 $34.00 from $22.00.”

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/1144879/000149315225018464/form8-k.htm) in full (3,983 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Applied Digital 8-K filed 2025-10-17

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 $34.00 from $22.00.”

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