secwatch.observer — SEC 8-K summary
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Issuer:     Applied Digital Corp. (APLD)
CIK:        0001144879
Form:       8-K
Filed at:   2025-09-26T23:59:59+00:00
Accession:  0001493152-25-015760
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Applied Digital raises Series G convertible preferred floor price to $22 from $12.50
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- Amendment filed on September 25, 2025, increasing Floor Price to $22.00.
- Floor Price sets minimum conversion price; reduction remains at company's discretion.
- Amendment affects Series G Convertible Preferred Stock originally filed April 30, 2025.
- Previous floor was $12.50; change reduces potential dilution at lower conversion rates.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1144879/000149315225015760/0001493152-25-015760-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1144879/000149315225015760/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-015760

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