secwatch.observer — SEC 8-K summary
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Issuer:     Applied Digital Corp. (APLD)
CIK:        0001144879
Form:       8-K
Filed at:   2023-06-26T23:59:59+00:00
Accession:  0001144879-23-000167
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Applied Digital enters $125M at-the-market equity offering with Craig-Hallum
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- Up to $125M of common stock may be sold at market through Craig-Hallum Capital Group.
- Sales Agent compensation: 3.0% of gross proceeds; 5.0% for block trades over $10M.
- Shares issued under effective S-3 registration statement (File No. 333-272023).
- Company is not obligated to sell any shares under the Sales Agreement.
- Prospectus supplement filed June 26, 2023; proceeds for general corporate purposes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1144879/000114487923000167/0001144879-23-000167-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1144879/000114487923000167/apld-20230626.htm
  HTML page:      https://secwatch.observer/filing/0001144879-23-000167

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