---
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"
generated_at: "2026-06-26T21:06:25.149441+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# APLD upsizes revolving credit facility to $430M and PEPA to $2.0B

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-030333
- JSON: https://secwatch.observer/filing/0001493152-26-030333.json
- Plain text: https://secwatch.observer/filing/0001493152-26-030333.txt

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