{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-25-006268","form_type":"8-K/A","ticker":"APLD","cik":"0001144879","company_name":"Applied Digital Corp.","filed_at":"2025-02-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.038920+00:00","generated_at":"2026-05-26T22:03:00.684108+00:00","sec_items":["9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"medium","headline":"APLD subsidiary enters SMBC credit facility for Ellendale data center; parent guarantees","bullets":["APLD HPC Holdings (subsidiary) executed Credit and Guaranty Agreement with Sumitomo Mitsui Banking Corporation as administrative agent and lender for a term loan facility.","Applied Digital Corporation provides a parent guarantee (Exhibit 10.3) for the facility.","Facility intended to finance construction of data center buildings in Ellendale, North Dakota; designated as a green loan.","Also filed First Amendment to Unit Purchase Agreement with MIP VI HPC Holdings, modifying prior investment terms.","Commitments and pricing (Applicable Margin 2.50%-5.50% over SOFR/Base Rate) disclosed but principal amount omitted."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-25-006268","json":"https://secwatch.observer/filing/0001493152-25-006268.json","markdown":"https://secwatch.observer/filing/0001493152-25-006268.md","text":"https://secwatch.observer/filing/0001493152-25-006268.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1144879/000149315225006268/0001493152-25-006268-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1144879/000149315225006268/form8-ka.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-26T22:03:00.684108+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"}