Applied Digital CORP 8-K filings
NASDAQ
Applied Digital announced a $5 billion, 15-year lease agreement with an investment-grade hyperscaler for 200 MW of AI/HPC capacity at its Polaris Forge 2 campus in North Dakota.
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Applied Digital Corporation amended its Preferred Equity Purchase Agreement, increasing its capital commitment to $1.59 billion to fund data center construction and general working capital.
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Applied Digital Corporation has amended its Series G Convertible Preferred Stock terms, increasing the conversion price floor from $22.00 to $34.00.
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Applied Digital Corporation has closed the initial funding of $112.5 million from its $5.0 billion perpetual preferred equity partnership with Macquarie Asset Management to advance its Polaris Forge 1 AI Factory campus.
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Applied Digital Corporation announced its fiscal first quarter 2026 financial results, reporting significant revenue growth driven by AI data center expansion and new lease agreements, despite increased net losses.
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Applied Digital Corporation has amended its Series G Convertible Preferred Stock terms, increasing the conversion price floor from $12.50 to $22.00.
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Applied Digital Corporation has secured a new $75 million promissory note and increased its Series G Preferred Stock offering to $450 million to fund data center development.
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Applied Digital Corporation's subsidiary has entered into a long-term datacenter lease agreement with CoreWeave, Inc. for a new 242,802 sq ft facility with 150 MW of power capacity.
NASDAQ
Applied Digital finalized a new 150MW datacenter lease with CoreWeave, bringing total contracted capacity at Polaris Forge 1 to 400MW and total anticipated revenue to $11 billion.
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Applied Digital Corporation amended its preferred equity purchase agreement, doubling its capital access to $300 million to fund data center construction and adjusting preferred stock conversion terms.
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Applied Digital Corporation announced its fiscal fourth quarter and full year 2025 financial results, highlighting significant new AI data center lease agreements with CoreWeave totaling up to $11 billion in contracted revenue, despite reporting increased net losses.
NASDAQ
8-K: Applied Digital Corporation Announces Auditor Change Following Marcum LLP Acquisition by CBIZ CPAs
Applied Digital Corporation has announced a change in its independent registered public accounting firm from Marcum LLP to CBIZ CPAs P.C., effective June 18, 2025, due to CBIZ CPAs' acquisition of Marcum's attest business.
NASDAQ
Applied Digital Corporation has announced two significant 15-year datacenter lease agreements with CoreWeave, totaling an anticipated $7 billion in revenue, alongside plans for a potential $200 million at-the-market stock offering.
NASDAQ
8-K: Applied Digital to Divest Cloud Services Business, Pro Forma Financials Show Improved Profitability
Applied Digital Corporation announced its Cloud Services Business will be classified as discontinued operations, with pro forma financials indicating a significant improvement in operating income and a reduction in net loss from continuing operations.
NASDAQ
Applied Digital has entered into a preferred equity purchase agreement for up to $150 million to fund the development of its Ellendale High Performance Computing data center campus.
NASDAQ
Applied Digital Corporation files an amendment to its previous 8-K report to provide updated details on performance stock units (PSUs) granted to key executives.
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Applied Digital announces a 22% increase in revenue for Q3 2025, alongside strategic financial arrangements and operational updates.
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Applied Digital Corporation's compensation committee approved performance stock unit (PSU) awards for its CEO, CFO, and COO on March 27, 2025, under the company's 2024 Omnibus Equity Incentive Plan.
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Applied Digital Corporation details transition and separation agreements with its former Chief Administrative Officer and Chief Technology Officer, respectively.
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APLD HPC Holdings enters into a collateral agency, security, and depositary agreement with Sumitomo Mitsui Banking Corporation to manage project accounts and collateral for a credit facility.
NASDAQ
Applied Digital has secured a $375 million financing agreement with Sumitomo Mitsui Banking Corporation (SMBC) to support the development of its Ellendale High Performance Computing (HPC) data center campus.
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Applied Digital Corporation is restructuring its senior management team, with the Chief Administrative Officer transitioning to a consulting role and the Chief Technology Officer resigning, effective January 31, 2025.
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Applied Digital announces a 51% increase in revenue for Q2 2025, alongside a $5 billion financing facility with Macquarie Asset Management to bolster its HPC business.
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Applied Digital partners with Macquarie Asset Management for up to $5 billion to expand its high-performance computing data center infrastructure.
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Applied Digital Corporation has amended a previous report to include updated details regarding performance stock units granted to key executives.
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Applied Digital has appointed Laura Laltrello as its new Chief Operating Officer, effective January 6, 2025, to enhance its leadership in next-generation data centers and digital cloud solutions.
NASDAQ
Applied Digital Corporation has appointed Laura Laltrello as its new Chief Operating Officer, effective January 6, 2025, with a base salary of $550,000 and a sign-on bonus of $300,000.
NASDAQ
Applied Digital closed a $150 million senior secured debt financing with Macquarie Equipment Capital, Inc. to refinance its existing credit facility and support its Ellendale HPC data center project.
NASDAQ
8-K: Applied Digital Corporation Grants Stock Options and Equity Awards, Approves New Incentive Plan
Applied Digital Corporation has granted stock options and equity awards to employees, including a significant grant to its Chief Administrative Officer, and has approved a new 2024 Omnibus Equity Incentive Plan.
NASDAQ
Applied Digital Corporation has filed a Certificate of Designations to establish the rights and preferences for its Series E-1 Redeemable Preferred Stock, part of an ongoing offering.