{"schema_version":"secwatch.filing_event.v1","accession":"0001144879-26-000036","form_type":"8-K","ticker":"APLD","cik":"0001144879","company_name":"Applied Digital Corp.","filed_at":"2026-04-23T23:59:59+00:00","discovered_at":"2026-05-14T18:02:32.008519+00:00","generated_at":"2026-05-15T04:26:12.844534+00:00","sec_items":["7.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Applied Digital signs $7.5B hyperscaler lease at Delta Forge 1, total contracted revenue >$23B","bullets":["New 15-year lease with US investment-grade hyperscaler for 300 MW IT load at Delta Forge 1 campus.","Total contracted lease revenue expands to over $23 billion; >50% backed by investment-grade customers.","Delta Forge 1 is a 430 MW AI factory campus; initial operations expected mid-2027.","Company expects up to $300M bridge facility for Polaris Forge 1 Building 3 and up to $300M revolver for development.","Third hyperscale tenant diversifies customer base; second US investment-grade hyperscaler."],"urls":{"canonical":"https://secwatch.observer/filing/0001144879-26-000036","json":"https://secwatch.observer/filing/0001144879-26-000036.json","markdown":"https://secwatch.observer/filing/0001144879-26-000036.md","text":"https://secwatch.observer/filing/0001144879-26-000036.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1144879/000114487926000036/0001144879-26-000036-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1144879/000114487926000036/apld-20260423.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T04:26:12.844534+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"}