secwatch.observer — SEC 8-K summary
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Issuer:     Applied Digital Corp. (APLD)
CIK:        0001144879
Form:       8-K
Filed at:   2023-06-09T23:59:59+00:00
Accession:  0001144879-23-000159
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Applied Digital amends Series E Preferred terms; dividends now cash-only
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- Certificate of Amendment to Series E Preferred filed June 8, 2023, effective June 9.
- Amendment removes ability for Series E holders to request dividends in common stock.
- All future dividends on Series E will be paid only in cash from legally available funds.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1144879/000114487923000159/0001144879-23-000159-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1144879/000114487923000159/apld-20230608.htm
  HTML page:      https://secwatch.observer/filing/0001144879-23-000159

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