Applied Digital Corp. Files 8-K with Bylaw Amendments
Ticker: APLD · Form: 8-K · Filed: Jun 11, 2024 · CIK: 1144879
Sentiment: neutral
Topics: corporate-governance, filing, financials
Related Tickers: APLD
TL;DR
Applied Digital (APLD) filed an 8-K for bylaw changes and financials. Nothing major to see here yet.
AI Summary
Applied Digital Corp. filed an 8-K on June 11, 2024, to report amendments to its articles of incorporation and bylaws, along with financial statements and exhibits. The company, formerly known as Applied Blockchain, Inc., is based in Dallas, Texas, and operates in computer processing and data preparation services.
Why It Matters
This filing indicates potential structural or governance changes within Applied Digital Corp., which could impact its operational direction and shareholder rights.
Risk Assessment
Risk Level: low — The filing is procedural, reporting routine corporate actions and financial statements, with no immediate negative or positive financial implications disclosed.
Key Players & Entities
- Applied Digital Corp. (company) — Registrant
- Applied Blockchain, Inc. (company) — Former company name
- June 11, 2024 (date) — Filing date
- Dallas, TX (location) — Principal executive offices
FAQ
What specific amendments were made to Applied Digital Corp.'s articles of incorporation or bylaws?
The filing indicates that amendments were made, but the specific details of these amendments are not provided in the summary information. The full text of the amendments would be found within the filed exhibits.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing was on June 11, 2024.
What is Applied Digital Corp.'s Standard Industrial Classification (SIC) code and industry?
Applied Digital Corp.'s SIC code is 7374, which falls under SERVICES-COMPUTER PROCESSING & DATA PREPARATION.
What were Applied Digital Corp.'s previous names?
Applied Digital Corp. was formerly known as Applied Blockchain, Inc., Applied Science Products, Inc., and FLIGHT SAFETY TECHNOLOGIES INC.
Where are Applied Digital Corp.'s principal executive offices located?
Applied Digital Corp.'s principal executive offices are located at 3811 Turtle Creek Blvd., Suite 2100, Dallas, TX 75219.
Filing Stats: 498 words · 2 min read · ~2 pages · Grade level 11 · Accepted 2024-06-11 16:05:30
Key Financial Figures
- $0.001 — rized shares of common stock, par value $0.001 per share, was increased to 300,000,000
Filing Documents
- apld-20240611.htm (8-K) — 25KB
- applieddigitalcorporatio.htm (EX-3.1) — 3KB
- applieddigitalcorporatio001.jpg (GRAPHIC) — 256KB
- applieddigitalcorporatio002.jpg (GRAPHIC) — 190KB
- applieddigitalcorporatio003.jpg (GRAPHIC) — 104KB
- applieddigitalcorporatio004.jpg (GRAPHIC) — 168KB
- 0001144879-24-000159.txt ( ) — 1147KB
- apld-20240611.xsd (EX-101.SCH) — 2KB
- apld-20240611_lab.xml (EX-101.LAB) — 23KB
- apld-20240611_pre.xml (EX-101.PRE) — 13KB
- apld-20240611_htm.xml (XML) — 3KB
03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year. On June 11, 2024, Applied Digital Corporation (the "Company") filed a Certificate of Amendment to the its Second Amended and Restated Articles of Incorporation, as amended (the "Certificate of Amendment"). Pursuant to the Certificate of Amendment, the number of authorized shares of common stock, par value $0.001 per share, was increased to 300,000,000. The Certificate of Amendment became effective upon filing on June 11, 2024. A copy of the Certificate of Amendment is filed as Exhibit 3.1 to this Current Report on Form 8-K and is incorporated herein by reference.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 3.1 Certificate of Amendment, dated June 11, 2024, to Second Amended and Restated Articles of Incorporation, as amended. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). SIGNATURE Pursuant to the requirements of Section 13 or 15 (d) of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Dated: June 11, 2024 By: /s/ David Rench Name: David Rench Title: Chief Financial Officer