{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-25-012458","form_type":"8-K","ticker":"APLD","cik":"0001144879","company_name":"Applied Digital Corp.","filed_at":"2025-08-29T23:59:59+00:00","discovered_at":"2026-05-14T18:02:43.443374+00:00","generated_at":"2026-05-17T09:11:01.633454+00:00","sec_items":["1.01","3.02","8.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Applied Digital signs third 150MW lease with CoreWeave; total lease revenue now ~$11B","bullets":["New 150MW lease brings total CoreWeave capacity at Polaris Forge 1 to 400MW; building expected service-ready mid-2027.","Total contract value for the 15-year term is ~$4.0B; total anticipated contracted lease revenue across all three leases ~$11B.","First 100MW building scheduled for Q4 2025; second 150MW building expected operational mid-2026.","Issued CoreWeave warrant for 8,393,611 shares at $10.75 per share; registered under Section 4(a)(2).","Polaris Forge 1 campus planned to scale over 1GW; company estimates $2.7B in savings over 30 years via cooling and renewable power."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-25-012458","json":"https://secwatch.observer/filing/0001493152-25-012458.json","markdown":"https://secwatch.observer/filing/0001493152-25-012458.md","text":"https://secwatch.observer/filing/0001493152-25-012458.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1144879/000149315225012458/0001493152-25-012458-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1144879/000149315225012458/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T09:11:01.633454+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"}