---
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"
generated_at: "2026-05-16T22:15:11.801613+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Applied Digital subsidiary plans $2.35B senior secured notes offering due 2030

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-021404
- JSON: https://secwatch.observer/filing/0001493152-25-021404.json
- Plain text: https://secwatch.observer/filing/0001493152-25-021404.txt

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