{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-030333","form_type":"8-K","ticker":"APLD","cik":"0001144879","company_name":"Applied Digital Corp.","filed_at":"2026-06-26T21:03:38+00:00","discovered_at":"2026-06-26T21:06:00.241918+00:00","generated_at":"2026-06-26T21:06:25.149441+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"APLD upsizes revolving credit facility to $430M and PEPA to $2.0B","bullets":["Revolving credit commitments increased to $430M; maturity May 28, 2029; interest at SOFR + 2.25% or base rate + 1.25%.","Preferred Equity Purchase Agreement commitment raised from $1.59B to $2.0B for Series G Convertible Preferred Stock.","Credit facility includes $430M letter of credit sub-facility and incremental option up to an additional $120M.","PEPA sixth amendment provides more availability under the facility for ongoing corporate purposes."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-030333","json":"https://secwatch.observer/filing/0001493152-26-030333.json","markdown":"https://secwatch.observer/filing/0001493152-26-030333.md","text":"https://secwatch.observer/filing/0001493152-26-030333.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1144879/000149315226030333/0001493152-26-030333-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1144879/000149315226030333/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-26T21:06:25.149441+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"}