{"schema_version":"secwatch.filing_event.v1","accession":"0001144879-25-000005","form_type":"8-K","ticker":"APLD","cik":"0001144879","company_name":"Applied Digital Corp.","filed_at":"2025-01-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.039456+00:00","generated_at":"2026-05-28T01:43:16.834348+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Applied Digital reports Q2 revenue up 51% YoY to $63.9M; enters $5B preferred equity facility with Macquarie","bullets":["Revenue $63.9M (+51% YoY); net loss $138.7M includes $87.2M loss on change in fair value of debt.","Adjusted EBITDA $21.4M (+93% YoY); adjusted net loss per diluted share $0.06.","Entered $5B perpetual preferred equity financing with Macquarie Asset Management for HPC business.","Macquarie to invest up to $900M in Ellendale HPC campus; Applied Digital retains 85% ownership.","Completed $450M 2.75% convertible notes offering; $84M used for share repurchases."],"urls":{"canonical":"https://secwatch.observer/filing/0001144879-25-000005","json":"https://secwatch.observer/filing/0001144879-25-000005.json","markdown":"https://secwatch.observer/filing/0001144879-25-000005.md","text":"https://secwatch.observer/filing/0001144879-25-000005.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1144879/000114487925000005/0001144879-25-000005-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1144879/000114487925000005/apld-20250114.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-28T01:43:16.834348+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}