{"schema_version":"secwatch.filing_event.v1","accession":"0001641172-25-013199","form_type":"8-K","ticker":"APLD","cik":"0001144879","company_name":"Applied Digital Corp.","filed_at":"2025-06-02T23:59:59+00:00","discovered_at":"2026-05-14T18:02:47.646239+00:00","generated_at":"2026-05-20T02:25:31.754185+00:00","sec_items":["1.01","3.02","7.01","8.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Applied Digital signs 250MW data center leases with CoreWeave for ~$7B total revenue","bullets":["Two 15-year leases for 250 MW (100 MW Building 2 + 150 MW Building 3) at Ellendale, ND campus; total contract value ~$7B.","Building 2 ready for service Q4 2025; Building 3 mid-2026; CoreWeave option for additional 150 MW (planned 2027).","Issued CoreWeave warrant for 13,062,521 shares at $7.19; may issue additional warrants under Letter Agreement.","Targets up to $200M ATM offering of common stock to fund growth, starting as early as week of June 2, 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0001641172-25-013199","json":"https://secwatch.observer/filing/0001641172-25-013199.json","markdown":"https://secwatch.observer/filing/0001641172-25-013199.md","text":"https://secwatch.observer/filing/0001641172-25-013199.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1144879/000164117225013199/0001641172-25-013199-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1144879/000164117225013199/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-20T02:25:31.754185+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"}