Applied Digital (APLD) Enters $150M Convertible Preferred Equity Facility
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Applied Digital Enters Into a $150 Million Convertible Preferred Equity Facility to Advance Development of Ellendale Multi-Building HPC Campus
April 30, 2025 4:30 PM EDTDraws on the Facility are at the Companys discretion; The Company will provide an update on a lease for the Companys Ellendale High Performance Computing data center campus (the Ellendale HPC Campus) in the near term
DALLAS, April 30, 2025 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital" or the "Company"), a designer, builder, and operator of next-generation digital infrastructure for HPC applications, announced today that the Company entered into a private financing... More
