jain.com

SMBC $375M financing closed

Company: Applied Digital

Subject kind
financing
Statement date
2026-09-01
Promised amount
375000000.0 USD
Current status
stated

The claim, verbatim

APLD HPC Holdings LLC closed a $375 million financing with Sumitomo Mitsui Banking Corporation

Source (primary)

Earnings Release (IR page (ir.applieddigital.com), earnings_call)
View cached copy (2026-09-01)Live source ↗Archive.org ↗

Quote: “APLD HPC Holdings LLC closed a $375 million financing with Sumitomo Mitsui Banking Corporation ("SMBC").”

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 Earnings Release

Quote: “APLD HPC Holdings LLC closed a $375 million financing with Sumitomo Mitsui Banking Corporation ("SMBC").”

View cached copy (2026-09-01)Live source ↗Archive.org ↗