---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-018464"
form_type: "8-K"
ticker: "APLD"
cik: "0001144879"
company_name: "Applied Digital Corp."
filed_at: "2025-10-17T23:59:59+00:00"
generated_at: "2026-05-17T03:21:15.506879+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Applied Digital raises Series G preferred stock floor price to $34.00 from $22.00

## Summary
- Filed amendment to Series G Convertible Preferred Stock Certificate of Designations on Oct 14, 2025.
- Floor Price increased to $34.00 from $22.00, setting minimum conversion price.
- Company retains discretion not to reduce floor price further; amendment effective immediately.
- Change may limit future dilution from conversion of Series G preferred stock.

## SEC filing metadata
- accession: 0001493152-25-018464
- form_type: 8-K
- ticker: APLD
- cik: 0001144879
- company_name: Applied Digital Corp.
- filed_at: 2025-10-17T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1144879/000149315225018464/0001493152-25-018464-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1144879/000149315225018464/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-018464
- JSON: https://secwatch.observer/filing/0001493152-25-018464.json
- Plain text: https://secwatch.observer/filing/0001493152-25-018464.txt

## Key facts
- Governance Changes
  Applied Digital Corp.: Amended Certificate of Designations for Series G Convertible Preferred Stock to increase Floor Price from $22.00 to $34.00 (effective 2025-10-14).
  - Change: charter amendment
  - Effective: 2025-10-14
  source text: On October 14, 2025, Applied Digital Corporation (the “Company”) filed an amendment (the “Certificate of Designations Amendment”) to the Certificate of the Designations, Powers, Preferences and Rights of Series G Convertible Preferred Stock, originally filed with the Secretary of State of the State of Nevada on April 30, 2025, as amended on August 14, 2025, September 11, 2025 and September 25, 2025 (as amended, the “Certificate of Designations”). The Certificate of Designations Amendment amends the Certificate of Designations to increase the Floor Price (as set forth in Section 1.5(c)(i) of the Certificate of Designations) to $34.00 from $22.00.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1144879/000149315225018464/0001493152-25-018464-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.