secwatch.observer — SEC 8-K summary
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Issuer:     Applied Digital Corp. (APLD)
CIK:        0001144879
Form:       8-K
Filed at:   2025-10-17T23:59:59+00:00
Accession:  0001493152-25-018464
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1144879/000149315225018464/0001493152-25-018464-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1144879/000149315225018464/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-018464

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