Applied Digital (APLD) Issues $53.2M Convertible Preferred Stock

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/21/2026

1. SPCX
2. NVDA
3. NFLX
4. ISRG
5. META
6. TSLA
7. SMCI
8. RTX
9. S
10. COF

Go back to Applied Digital (APLD) Issues $53.2M Convertible Preferred Stock

Applied Digital Issues $53.2 Million Convertible Preferred Stock to Advance HPC Data Center Project and Accelerate Growth

August 30, 2024 4:05 PM EDT

DALLAS, Aug. 30, 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, today announced it has entered into a private financing arrangement with a single investor (the Investor), pursuant to which the Company has issued $53.2 million in... More