Applied Digital (APLD) Issues Unsecured Convertible Debenture

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Go back to Applied Digital (APLD) Issues Unsecured Convertible Debenture

Applied Digital Issues Unsecured Convertible Debenture to Advance HPC Data Center Project in Ellendale, North Dakota

May 24, 2024 4:13 PM EDT

DALLAS, May 24, 2024 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital" or the "Company"), a designer, builder, and operator of next-generation digital infrastructure designed for High-Performance Computing (HPC) applications, announced that the Company recently entered into a private financing agreement with a single investor (the Investor), in which it issued a $42,131,579 unsecured convertible debenture. The convertible... More