{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-045934","form_type":"8-K","ticker":"APLD","cik":"0001144879","company_name":"Applied Digital Corp.","filed_at":"2024-11-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:07.793601+00:00","generated_at":"2026-05-30T00:16:41.998084+00:00","sec_items":["5.03","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Applied Digital files Series E-1 Preferred Stock terms: 9% dividend, up to $62.5M offering","bullets":["62,500 shares of Series E-1 Preferred designated at $1,000 stated value for up to $62.5M offering.","Cumulative 9% annual dividend, payable monthly from legally available funds.","Holder optional redemption with early fees 9% to 5% over 3 years; company redemption after 2 years.","Prior Series A, B, D Preferred withdrawn Oct 24, 2024; undesignated preferred shares now 2,224,309."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-045934","json":"https://secwatch.observer/filing/0001493152-24-045934.json","markdown":"https://secwatch.observer/filing/0001493152-24-045934.md","text":"https://secwatch.observer/filing/0001493152-24-045934.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1144879/000149315224045934/0001493152-24-045934-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1144879/000149315224045934/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T00:16:41.998084+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":[{"claim_id":"3f9a772669921e73b1b6705d0a35294902f20093","claim":"Applied Digital Corp.: Filed Certificate of Designations establishing Series E-1 Preferred Stock (effective 2024-11-08).","evidence_excerpt":"On November 8, 2024, the Company filed a Certificate of Designations of the Powers, Preferences and Relative, Participating, Optional and Other Restrictions of Series E-1 Preferred Stock of the Company (the “Certificate of Designations”) with the Secretary of State of the State of Nevada to establish the rights, privileges, preferences, and restrictions of the Series E-1 Preferred Stock.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1144879/000149315224045934/0001493152-24-045934-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2024-11-08"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}