{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-25-021404","form_type":"8-K","ticker":"APLD","cik":"0001144879","company_name":"Applied Digital Corp.","filed_at":"2025-11-10T23:59:59+00:00","discovered_at":"2026-05-14T18:02:38.889215+00:00","generated_at":"2026-05-16T22:15:11.801613+00:00","sec_items":["7.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Applied Digital subsidiary plans $2.35B senior secured notes offering due 2030","bullets":["APLD ComputeCo LLC intends to offer $2.35 billion aggregate principal of senior secured notes due 2030.","Offering is private, to qualified institutional buyers under Rule 144A and non-US persons under Regulation S.","Company released investor presentation slides (Exhibit 99.1) detailing the offering.","Proceeds use is not specified but notes are secured; maturity 2030.","Offering is subject to market conditions and other factors."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-25-021404","json":"https://secwatch.observer/filing/0001493152-25-021404.json","markdown":"https://secwatch.observer/filing/0001493152-25-021404.md","text":"https://secwatch.observer/filing/0001493152-25-021404.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1144879/000149315225021404/0001493152-25-021404-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1144879/000149315225021404/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T22:15:11.801613+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"}