GMR Ltd Amends Applied Digital Corp. Stake as of Dec 31, 2023

TL;DR

**GMR Ltd updated its passive stake in Applied Digital Corp. as of year-end 2023.**

AI Summary

GMR Ltd, a British Virgin Islands-based entity, filed an amendment to its Schedule 13G, indicating a change in its ownership of Applied Digital Corp. common stock as of December 31, 2023. This filing, an amendment to a previous disclosure, signals that GMR Ltd continues to hold a significant, though potentially altered, passive stake in Applied Digital Corp. This matters to investors because large institutional holdings can influence stock stability and signal confidence (or lack thereof) in the company's future.

Why It Matters

This filing updates the public on a significant shareholder's position, which can impact investor sentiment and the perceived stability of Applied Digital Corp.'s stock.

Risk Assessment

Risk Level: low — This is a routine update from a passive investor and does not indicate any immediate high-risk activity.

Analyst Insight

Investors should note GMR Ltd's continued passive stake in Applied Digital Corp. but recognize this amendment is a routine update, not necessarily signaling a major shift. Monitor future 13G/A filings for significant changes in ownership percentages.

Key Numbers

• $0.001 — Par Value per Share (The par value of Applied Digital Corp.'s common stock, as stated in the filing.)
• December 31, 2023 — Date of Event (The date of the event requiring this filing, indicating the snapshot of GMR Ltd's holdings.)

Key Players & Entities

• GMR Ltd (company) — the entity filing the SC 13G/A amendment
• Applied Digital Corp. (company) — the subject company whose stock is being reported
• Guo Chen (person) — person authorized to receive notices for GMR Ltd
• British Virgin Islands (company) — jurisdiction of GMR Ltd
• $0.001 (dollar_amount) — par value per share of Applied Digital Corp. common stock

Forward-Looking Statements

• GMR Ltd will maintain a passive investment strategy in Applied Digital Corp. (GMR Ltd) — high confidence, target: Next 12 months
• Applied Digital Corp.'s stock price will not be significantly impacted by this routine amendment. (Applied Digital Corp.) — medium confidence, target: Next 3 months

FAQ

Key Financial Figures

• $0.001 — me of Issuer) Common stock, par value $0.001 per share (Title of Class of Securiti

Filing Documents

• ea191217-13ga1gmr_applied.htm (SC 13G/A) — 47KB
• 0001213900-24-001304.txt ( ) — 49KB

If this statement is filed

Item 3. If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: Not applicable

Ownership

Item 4. Ownership The information set forth on page 2 through 3 are incorporated by reference into this item.

Ownership of Five Percent or Less of a Class

Item 5. Ownership of Five Percent or Less of a Class If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following .

Ownership of More than Five Percent on Behalf of Another

Item 6. Ownership of More than Five Percent on Behalf of Another Person Not applicable. 4

Identification and Classification of the Subsidiary Which

Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person Not applicable.

Identification and Classification of Members of the Group

Item 8. Identification and Classification of Members of the Group Not applicable.

Notice of Dissolution of Group

Item 9. Notice of Dissolution of Group Not applicable.

Certification

Item 10. Certification By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the Issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under§ 240.14a-11. 5 Signature After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: January 3, 2024 GMR Limited By: /s/ Guo Chen Name: Guo Chen Title: Sole Director GUo CHEN By: /s/ Guo Chen Name: Guo Chen Director 6

View Full Filing

View this SC 13G/A filing on SEC EDGAR