Applied Digital Corp. - 8-K Filing
Applied Digital Corp. filed to disclose entering into an Incremental Assumption Agreement on June 26, 2026, increasing its revolving credit facility under the Credit Agreement from $310 million to $430 million with a total potential capacity of up to $550 million by May 28, 2029. The company also amended its Preferred Equity Purchase Agreement to raise the commitment for Series G Convertible Preferred Stock issuance from $1.59 billion to $2 billion. (Items: 1.01 Entry into a Material Definitive Agreement, 2.03 Creation of a Direct Financial Obligation, 3.02 Unregistered Sales of Equity Securities, 9.01 Financial Statements and Exhibits)
Tickers: $APLD