Applied Digital CORP 8-K filings

Applied Digital Corporation has successfully completed a private offering of $450 million in convertible senior notes due 2030, including the full exercise of an option to purchase additional notes.

Applied Digital Corporation has announced the upsize and pricing of a $375 million private offering of convertible senior notes due in 2030, along with related share repurchase programs and capped call transactions.

Applied Digital plans to raise $300 million through a private offering of convertible senior notes and intends to repurchase shares of its common stock.

Applied Digital Corporation has terminated the designations of its Series A, B, and D Preferred Stock, effective October 21, 2024.

Applied Digital Corporation has announced a change in management with a new CFO appointment and updated employment agreements for key executives.

Applied Digital announced a 67% year-over-year revenue increase to $60.7 million for the first fiscal quarter of 2025, alongside a $160 million private placement.

Applied Digital Corporation has entered into a dealer manager agreement for a new offering of Series E-1 Redeemable Preferred Stock and an amended service agreement with an affiliate.

Applied Digital Corporation has released an updated investor presentation for use in meetings with investors and analysts.

Applied Digital has successfully raised $160 million through a private placement to accelerate its data center and GPU cloud solutions for high-performance computing and AI workloads.

Applied Digital Corporation has filed an amendment to its prepaid advance agreements with YA II PN, LTD., modifying certain terms of the Yorkville Promissory Notes.

Applied Digital has raised $50 million through a private placement of convertible preferred stock to support its high-performance computing data center project and growth initiatives.

Applied Digital Corporation announced its fiscal fourth quarter and full year 2024 results, highlighting revenue growth despite significant losses and operational challenges.

Applied Digital Corporation has obtained an additional $20 million in financing and issued warrants for common stock as part of a waiver agreement with its lender.

Applied Digital has extended its exclusivity agreement with a U.S. hyperscaler for the lease of its Ellendale, North Dakota campus, while continuing construction and exploring financing options.

Applied Digital Corporation provides an update on its business segments, risk factors, and strategic direction, highlighting its focus on high-performance computing and artificial intelligence infrastructure.

Applied Digital Corporation released preliminary financial results for the fourth quarter of fiscal year 2024, estimating revenue between $41.7 million and $43.7 million and adjusted EBITDA between $2.8 million and $4.8 million.

Applied Digital Corporation has entered into a sales agreement to potentially sell up to $125 million of its common stock through an at-the-market offering.

Applied Digital has fully restored its Ellendale datacenter to its full operating capacity of 180 MW after addressing transformer issues that caused a power outage earlier this year.

Applied Digital released an updated investor presentation showcasing its focus on high-performance computing and AI infrastructure, including significant GPU deployments and data center expansions.

Applied Digital Corporation issued warrants to purchase over 6.3 million shares of its common stock as part of a $15 million loan agreement, with potential for additional borrowings.

Applied Digital Corporation has increased its authorized common stock to 300 million shares by filing a Certificate of Amendment on June 11, 2024.

Applied Digital Corporation secures a $125 million promissory note from CIM APLD Lender Holdings, LLC, while also amending agreements with YA II PN, LTD to facilitate the new financing.

Applied Digital has secured a $125 million debt facility, with a potential increase to $200 million, from CIM Group to fund the construction of its high-performance computing (HPC) data center in Ellendale, North Dakota.

Applied Digital Corporation successfully had a derivative lawsuit dismissed, which alleged breach of fiduciary duty and other claims related to its cryptocurrency mining business and a loan.

Applied Digital Corporation successfully had a shareholder derivative lawsuit dismissed by the District Court of Clark County, Nevada.

Applied Digital has entered into a private financing agreement, issuing a $42.1 million unsecured convertible debenture to fund its Ellendale data center project.

Applied Digital Corporation's shareholders have approved an increase in the number of authorized common stock shares from 166,666,667 to 300,000,000.

Applied Digital Corporation has entered into agreements for the offering of up to 2,000,000 shares of Series E Redeemable Preferred Stock and related services.

Applied Digital Corporation has announced the creation of a new wholly-owned subsidiary, Applied Digital Cloud Corporation, to manage its cloud services business.

Applied Digital Corporation released an updated investor presentation emphasizing its role in providing infrastructure solutions for High-Performance Computing (HPC) and Artificial Intelligence (AI).