Series G Preferred Stock Floor Price limit increase
Company: Applied Digital
The claim, verbatim
Floor Price limit below which price may not be reduced increased from $4.33 to $4.48
Source (primary)
Applied Digital 8-K filed 2025-10-21 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “increase the limit below which the Floor Price (as defined in Section 1.5(c)(ii) of the Certificate of Designations) may not be reduced from $4.33 to $4.48”
How we checked this
Checked on September 16, 2026. The cited source supports every part of this claim.
Item 5.03 of the filing states this Floor Price limit increase.
Confirmed in the source:
- The Fifth Certificate of Designations Amendment raises the limit below which the Floor Price may not be reduced from $4.33 to $4.48
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000149315225018800/form8-k.htm) in full (7,304 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital 8-K filed 2025-10-21
Quote: “increase the limit below which the Floor Price (as defined in Section 1.5(c)(ii) of the Certificate of Designations) may not be reduced from $4.33 to $4.48”