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Material updates from SEC filings (8-K, 10-Q, 10-K) ranked by impact, with no firehose noise.
Entry into a Material Definitive Agreement. Satisfaction of Escrow Arrangements and Release of Funds As previously reported, on March 10, 2026, APLD ComputeCo 2 LLC, a subsidiary of the Company (the “Issuer”), completed its private offering of the notes, the material terms of which are described in the Original 8-K. Pursuant to the Escrow Agreement, the Issuer deposited an amount in cash equal to the gross proceeds from the offering of the notes into the Escrow Account until the satisfaction…
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The information set forth in
Entry into a Material Definitive Agreement. Senior Secured Notes Offering General On June 16, 2026, APLD ComputeCo 3 LLC (the “Issuer”), a subsidiary of Applied Digital Corporation (the “Company” or “Applied Digital”), completed its previously announced private offering of 7.000% Senior Secured Notes due 2031 (the “notes”). The notes were sold under a purchase agreement, dated as of June 9, 2026, entered into by and among the Issuer, the subsidiary guarantors party thereto (the “Subsidiary Gu…
Regulation FD Disclosure. On June 8, 2026, Applied Digital Corporation (the “Company”) issued a press release announcing that it closed a revolving credit facility (the “Credit Facility”) on May 29, 2026. The Credit Facility was arranged by Goldman Sachs Lending Partners LLC and provides for up to $350 million of committed capacity with an additional accordion option of up to $200 million. Proceeds from the Credit Facility will be used to support the pre- and post-lease development of the Com…
Other Events. On June 9, 2026, the Company issued a press release announcing the intention of APLD ComputeCo 3 LLC, its subsidiary, to offer, subject to market conditions and other factors, $1.59 billion aggregate principal amount of senior secured notes due 2031 in a private offering to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act, and outside the United States to non-U.S. persons in reliance on Regulation S under the Secu…
Other Events. On June 9, 2026, Applied Digital Corporation (the “Company”) issued a press release announcing that APLD ComputeCo 3 LLC, its subsidiary, priced its offering of $1.59 billion aggregate principal amount of 7.000% senior secured notes due 2031 (the “Offering”) at an issue price of 100%. The Offering is expected to close on or around June 16, 2026, subject to market and other conditions. The notes will only be issued and sold to persons reasonably believed to be qualified instituti…
Regulation FD Disclosure. On May 5, 2026, the Company issued a press release announcing the Closing. The press release is furnished as Exhibit 99.1 hereto and is incorporated herein by reference. The information in this Current Report under Item 7.01, including the information contained in Exhibit 99.1, is being furnished to the SEC, and shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subjec…
of Form 8-K, the information set forth in the Explanatory Note and Items 1.01 and 9.01 of this Current Report is incorporated by reference herein.
Entry into a Material Definitive Agreement – Investor Rights Agreement – Registration Rights ” of this Current Report. Lake Street Capital Markets, LLC (the “Placement Agent”) served as Ekso’s exclusive placement agent in connection with the Applied Parent Equity Financing, and in the past, has provided, directly or through its affiliates, financial advisory and other services to Ekso. As compensation for the services provided by the Placement Agent in the Applied Parent Equity Financing, the…
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (e) In connection with the previously announced proposed transaction pursuant to the Contribution and Exchange Agreement (the “Contribution and Exchange Agreement”) by and among Ekso Bionics Holdings, Inc. (“EKSO”), APLD Intermediate Holdco LLC, APLD ChronoScale HoldCo LLC (“HoldCo”), and Applied Digital Cloud Corporation, each a direct or indirect…
of Form 8-K and Exhibit 99.1 attached hereto shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended or the Exchange Act, regardless of any general incorporation language in such filing.
Entry into a Material Definitive Agreement. First Amendment to ELN-02 Datacenter Lease and Entry Into New Datacenter Lease As previously reported, on May 28, 2025, APLD ELN-02 LLC, a subsidiary of the Company, entered into the datacenter lease with CoreWeave Parent (the “ELN-02 Parent Lease”), the material terms of which are described in the Original 8-K. On March 30, 2026, the Company and CoreWeave Parent amended the ELN-02 Parent Lease to suspend the term for two of the four data halls cove…
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. As previously reported on February 9, 2026, in a Current Report on Form 8-K of Applied Digital Corporation, a Nevada corporation (the “Company”), the Company entered into that certain Performance Stock Unit Award Agreement with Jason Zhang, its President, on February 6, 2026 (the “Original Agreement”). This Form 8-K is being filed to correct a scri…
Entry into a Material Definitive Agreement. Senior Secured Notes Offering General On March 10, 2026, APLD ComputeCo 2 LLC (the “Issuer”), a subsidiary of Applied Digital Corporation (the “Company” or “Applied Digital”), completed its previously announced private offering of 6.750% Senior Secured Notes due 2031 (the “notes”). The notes were sold under a purchase agreement, dated as of March 3, 2026, entered into by and among the Issuer, the subsidiary guarantors party thereto (the “Subsidiary…
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The information set forth in
Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers; Compensatory Arrangements of Certain Officers. On March 6, 2026, the Compensation Committee of the Board of Directors of the Company approved an additional bonus for the Company’s Chief Financial Officer, Saidal Mohmand, in the amount of $750,000 (subject to applicable payroll and withholding tax), in recognition of his efforts in completing various financings of its Polaris Forge 1 data ce…
of this Current Report on Form 8-K is incorporated herein by reference. Forward-Looking Statements This Current Report on Form 8-K and other reports filed by the Company from time to time with the SEC contains “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995 regarding, among other things, future operating and financial performance, product development, market position, business strategy and objectives and future financing plans. These statements…
Other Events. On March 4, 2026, Applied Digital Corporation (the “Company”) issued a press release announcing that APLD ComputeCo 2 LLC, its subsidiary, priced its offering of $2.15 billion aggregate principal amount of 6.750% senior secured notes due 2031 (the “Offering”) at an issue price of 98%. The Offering is expected to close on or around March 10, 2026, subject to market and other conditions. The notes will only be issued and sold to persons reasonably believed to be qualified institut…
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The Guarantee constitutes an obligation under an off-balance sheet arrangement as defined in Item 303(a)(4) of Regulation S-K. Applied Digital’s maximum potential exposure under the Guarantee is effectively limited by the obligations of Base Electron under the Design-Build Agreement, which provides for an anticipated total contract price of approximately $2.4 billion, subject to…
Other Events. On March 2, 2026, the Company issued a press release announcing the intention of APLD ComputeCo 2 LLC, its subsidiary, to offer, subject to market conditions and other factors, $2.15 billion aggregate principal amount of senior secured notes due 2031 in a private offering to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act, and outside the United States to non-U.S. persons in reliance on Regulation S under the Sec…
Entry into a Material Definitive Agreement. Contribution and Exchange Agreement On February 15, 2026, APLD Intermediate HoldCo LLC, a Delaware limited liability company (“APLD Intermediate”), APLD ChronoScale HoldCo LLC, a Delaware limited liability company and a wholly owned subsidiary of APLD Intermediate (“Contributor”), each a wholly owned direct or indirect subsidiary of Applied Digital Corporation, a Nevada corporation (“APLD” or the “Company”), and Applied Digital Cloud Corporation, a…
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Equity Awards On February 6, 2026 (the “Grant Date”), the Board of Directors (the “Board”) of Applied Digital Corporation (the “Company”), based on the recommendation of the Compensation Committee of the Board (the “Compensation Committee”), unanimously approved the grant to Jason Zhang of 1,500,000 performance stock units (the “Zhang PSUs”), and 5…
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Management Update On January 14, 2026, the Board of Directors (the “Board”) of Applied Digital Corporation, a Nevada corporation (the “Company”) approved the transition of Jason Zhang, the Company’s Co-Founder and current Chief Strategy Officer, to the role of President and Co-Founder of the Company, effective immediately. As President and Co-Found…
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On January 6, 2026 (the “Grant Date”), the Board of Directors (the “Board”) of Applied Digital Corporation, a Nevada corporation (the “Company”), based on the recommendation of the Compensation Committee of the Board (the “ Compensation Committee”), unanimously approved the grant of 4,500,000 performance stock units (“PSUs”) and 1,500,000 restricte…
of Form 8-K and Exhibit 99.1 attached hereto shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended or the Exchange Act, regardless of any general incorporation language in such filing.
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