SC 13G: Applied Digital Corp.

Ticker: APLD · Form: SC 13G · Filed: May 31, 2024 · CIK: 1144879

Sentiment: neutral

Topics: sc-13g

AI Summary

SC 13G filing by Applied Digital Corp..

Risk Assessment

Risk Level: low

Filing Stats: 1,662 words · 7 min read · ~6 pages · Grade level 9.8 · Accepted 2024-05-31 11:33:32

Key Financial Figures

Filing Documents

(A) NAME OF ISSUER: APPLIED DIGITAL CORPORATION

ITEM 1(A) NAME OF ISSUER: APPLIED DIGITAL CORPORATION

(B) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES

ITEM 1(B) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: 3811 Turtle Creek Blvd., Suite 2100 Dallas, TX 75219

(A) NAME OF PERSON FILING: Daniel Asher, Braeside Trust,

ITEM 2 (A) NAME OF PERSON FILING: Daniel Asher, Braeside Trust, Daniel Asher Descendants Trust, Daniel Asher APLD Annuity Trust, Sphinx Trading, LP, DBA Trading, LLC.

(B) ADDRESS OR PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE

ITEM 2 (B) ADDRESS OR PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE: 111 W Jackson Blvd., Suite 2220, Chicago, IL. 60604

(C) CITIZENSHIP: USA

ITEM 2 (C) CITIZENSHIP: USA

(D) TITLE OF CLASS OF SECURITIES: COMMON STOCK

ITEM 2 (D) TITLE OF CLASS OF SECURITIES: COMMON STOCK

(E) CUSIP NO.: 038169207

ITEM 2 (E) CUSIP NO.: 038169207

IF THIS STATEMENT IS FILED PURSUANT TO §§ 240.13D-1(B)

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: (a) Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o); (b) Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c); (c) Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c); (d) Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8); (e) An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E); (f) An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F); (g) A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G); (h) A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J); (k) Group, in accordance with § 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:

OWNERSHIP

ITEM 4. OWNERSHIP (a) Amount beneficially owned: See Row 9 of cover page for each reporting person. (b) Percent of class: See Row 11 of cover page for each reporting person 7 (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: See Row 5 of cover page for each reporting Person. (ii) Shared power to vote or to direct the vote: See Row 6 of cover page for each reporting Person. (iii) Sole power to dispose or to direct the disposition of: See Row 7 of cover page for each reporting Person. (iv) Shared power to dispose or to direct the disposition of: See Row 8 of cover page for each reporting Person. Daniel Asher controls the General Partner (namely Oakmont Investment, Inc.) of Sphinx Trading LP, and may be deemed to control Sphinx Trading LP and share voting and dispositive power over the shares held by Sphinx Trading LP. Daniel Asher is the beneficial owner of Braeside Trust, DBA Trading, LLC, the Daniel Asher APLD Annuity Trust and the Daniel Asher Descendants Trust. And is deemed to control and share voting and dispositive power over the shares held by them.

OWNERSHIP OF 5 PERCENT OR LESS OF A CLASS

ITEM 5. OWNERSHIP OF 5 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 5 percent of the class of securities, check the following .

OWNERSHIP OF MORE THAN 5 PERCENT ON BEHALF OF ANOTHER PERSON

ITEM 6. OWNERSHIP OF MORE THAN 5 PERCENT ON BEHALF OF ANOTHER PERSON. N/A

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. N/A

IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP

ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP. N/A

NOTICE OF DISSOLUTION OF GROUP. N/A

ITEM 9. NOTICE OF DISSOLUTION OF GROUP. N/A

CERTIFICATIONS

ITEM 10. CERTIFICATIONS. (c) The following certification shall be included if the statement is filed pursuant to § 240.13d-1(c): 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. 8 Exhibit No. Description 99.1 Joint Filing Agreement. 99.2 Transactions of the Reporting Persons Effected by the 13G Filing. 9 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: 05/29/2024 DANIEL ASHER Signature. /s/ Daniel Asher Name/Title. Daniel Asher DANIEL ASHER DESCENDANTS TRUST Signature. /s/ Fred Goldman Name/Title. Fred Goldman, Trustee DANIEL ASHER APLD ANNUITY TRUST Signature. /s/ Fred Goldman Name/Title. Fred Goldman, Trustee BRAESIDE TRUST Signature. /s/ Fred Goldman Name/Title. Fred Goldman, Trustee SPHINX TRADING, LP Signature. /s/ Fred Goldman Name/Title. Fred Goldman, CFO DBA TRADING, LLC Signature. /s/ Fred Goldman Name/Title. Fred Goldman, Member 10

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