Applied Digital CORP

Market Movers (8-K)

NASDAQ
Applied Digital announced robust fiscal fourth quarter and full year 2026 results, highlighted by significant revenue growth and substantial new long-term lease agreements for its AI data centers.
Better than expected
Capital raise
NASDAQ
Applied Digital Corporation has increased its revolving credit facility to $430 million and expanded its preferred equity commitment to $2 billion.
Capital raise
NASDAQ
Applied Digital Corporation announced the satisfaction of escrow conditions, leading to the release of funds from its 6.75% Senior Secured Notes offering.
Capital raise
NASDAQ
Applied Digital's subsidiary, APLD ComputeCo 3 LLC, has successfully closed a $1.59 billion private offering of 7.000% Senior Secured Notes due 2031 to fund AI data center development.
Capital raise
NASDAQ
Applied Digital has signed a 210 MW, 15-year lease with a major hyperscaler for its new Delta Forge 2 AI campus.
Capital raise
Better than expected
NASDAQ
Applied Digital Corporation has priced a $1.59 billion offering of 7.000% senior secured notes due 2031 to fund data center expansion.
Capital raise

Quarterly Earnings (10-Q)

NASDAQ
Applied Digital Corporation announced a significant increase in revenue driven by its HPC Hosting Business, alongside substantial debt and equity financing activities to fuel expansion.
Worse than expected
Capital raise
NASDAQ
Applied Digital Corporation reported a significant increase in revenue for the quarter ended November 30, 2025, driven by its HPC Hosting Business, alongside strategic moves including a major debt offering and a proposed Cloud Services business combination.
Better than expected
Capital raise
NASDAQ
Applied Digital Corporation reports significant revenue growth driven by its HPC segment, secures substantial new financing, and expands its data center footprint while navigating increased operating costs and a net loss.
Capital raise
Delay expected
NASDAQ
Applied Digital reports increased revenue driven by cloud services growth, but faces net losses and a strategic shift towards HPC hosting.
Worse than expected
Capital raise
NASDAQ
Applied Digital Corporation's Q2 2025 results show significant revenue growth driven by its Cloud Services segment, alongside strategic financial maneuvers.
Worse than expected
Capital raise
NASDAQ
Applied Digital Corporation reports a significant increase in revenue for the first quarter of fiscal year 2025, driven by growth in data center and cloud services, alongside strategic financial activities.
Worse than expected
Capital raise

Annual Reports (10-K)

NASDAQ
Applied Digital Corporation's Form 10-K filing provides a comprehensive overview of its authorized and outstanding capital stock, including common and preferred stock series, alongside detailed financial performance and strategic outlook.
Worse than expected
Capital raise
NASDAQ
Applied Digital Corporation reported a substantial increase in net losses for fiscal year 2025, driven by higher operating expenses and fair value adjustments, even as it aggressively expanded its high-performance computing and AI hosting capabilities through new customer leases and significant capital raises.
Capital raise
Worse than expected
NASDAQ
Applied Digital Corporation's 10-K filing highlights a shift towards high-performance computing and AI, with significant revenue growth in cloud services and data center hosting.
Worse than expected
Delay expected
Capital raise

Insider Trading (Form 4)

NASDAQ
Mohammad Saidal Lavanway Mohmand, Chief Financial Officer of Applied Digital Corp., reported multiple transactions in common stock on July 31, 2026.
NASDAQ
Wes Cummins, CEO; Chairman and a Director of Applied Digital Corp., reported multiple transactions in common stock on July 31, 2026.
NASDAQ
Laura Laltrello, Chief Operating Officer of Applied Digital Corp., reported multiple transactions in common stock on July 31, 2026.
NASDAQ
Jason Gechen Zhang, President of Applied Digital Corp., reported multiple transactions in common stock on July 31, 2026.
NASDAQ
Laura Laltrello, Chief Operating Officer of Applied Digital Corp., reported a transaction involving the withholding of shares for tax purposes related to vesting restricted stock units.
NASDAQ
Applied Digital Corp. President Jason Gechen Zhang reported transactions involving the acquisition and disposition of company stock, including vesting of performance stock units and restricted stock units.

Proxy Statements (Def-14A)

NASDAQ
Applied Digital Corporation has filed a definitive additional materials proxy statement with the SEC, typically related to shareholder meeting proposals.
NASDAQ
Applied Digital Corporation announces significant AI infrastructure expansion, including an $11 billion lease with CoreWeave and a $1 billion Net Operating Income target within five years, alongside proposals for increased authorized shares.
Better than expected
Capital raise
NASDAQ
Applied Digital is seeking shareholder approval to increase its authorized shares of common and preferred stock to facilitate potential financing options for ongoing projects and cloud business growth.
Capital raise
NASDAQ
Applied Digital Corporation's proxy statement details proposals for the upcoming annual meeting, including director elections, auditor ratification, executive compensation, equity compensation plan approval, potential share issuance, and amendments to the company's articles of incorporation.
Capital raise
NASDAQ
Applied Digital Corporation is seeking stockholder approval to amend its Articles of Incorporation to increase the number of authorized shares from 166,666,667 to 300,000,000.
Capital raise

New Public Companies (S-1)

NASDAQ
Applied Digital Corporation has filed an amendment to its S-1 registration statement to allow for the resale of up to 13,617,521 shares of common stock by selling stockholders.
Capital raise
NASDAQ
Applied Digital Corporation aims to secure $62.5 million by offering 62,500 shares of its Series E-1 Redeemable Preferred Stock, primarily for working capital and general corporate purposes.
Capital raise
NASDAQ
Applied Digital Corporation has filed a registration statement for the resale of warrants to purchase up to 2,964,917 shares of common stock and the underlying shares by a selling stockholder.
Capital raise
NASDAQ
Applied Digital Corporation has filed a registration statement for the resale of up to 13,617,521 shares of its common stock by selling stockholders.
Capital raise
NASDAQ
Applied Digital Corporation has filed a registration statement for the resale of 49.4 million shares of common stock issued in a recent $160 million private placement, allowing investors to trade shares as the company continues to expand its digital infrastructure business.
Better than expected
Capital raise
NASDAQ
Applied Digital Corporation has initiated a significant $62.5 million offering of its Series E-1 Redeemable Preferred Stock, signaling a strategic move to bolster its financial position and fund its next-generation digital infrastructure projects.
Better than expected
Capital raise

Schedule 13D - Activist Investments

NASDAQ
Wesley Cummins reports beneficial ownership of 22,042,487 shares, representing 7.6% of Applied Digital Corp., following a new margin loan agreement.
NASDAQ
Applied Digital Corporation has established a $100 million unsecured demand grid promissory note to support ChronoScale Corp's working capital needs.
Capital raise
NASDAQ
Applied Digital Corporation has acquired a 97.5% controlling interest in ChronoScale Corporation following a business combination and private placement.
Capital raise
NASDAQ
Wesley Cummins, CEO of Applied Digital Corp., updated his beneficial ownership to 7.6% and received significant new RSU and PSU grants.
NASDAQ
Wesley Cummins updates his beneficial ownership in Applied Digital Corp., reflecting RSU vestings and the termination of an investment management agreement.
Worse than expected
NASDAQ
Wesley Cummins, a significant beneficial owner of Applied Digital Corporation, sold 400,000 shares of common stock for $6.1 million to B. Riley affiliated entities.
Worse than expected

Schedule 13G - Passive Investments

NASDAQ
Vanguard Portfolio Management has reported a beneficial ownership of 4.81% in Applied Digital Corp, holding over 13.7 million shares.
NASDAQ
Jane Street Group, LLC and its affiliates have reported a beneficial ownership of 7.1% of Applied Digital Corp.'s common stock, totaling 20,886,105 shares.
NASDAQ
Vanguard Portfolio Management has reported beneficial ownership of 14,996,742 shares, representing 5.36% of Applied Digital Corp's common stock, as of March 31, 2026.
NASDAQ
The Vanguard Group has filed an amended Schedule 13G, reporting 0% beneficial ownership in Applied Digital Corp following an internal organizational realignment.
NASDAQ
Jane Street Group and its affiliates reported a beneficial ownership of 7.0% in Applied Digital Corp., including shares acquirable through warrants.
NASDAQ
The Vanguard Group reported an 8.65% beneficial ownership in Applied Digital Corp common stock, alongside an internal realignment of its portfolio management services.