Applied Digital Corp. Files 8-K with Bylaw Amendments
Ticker: APLD · Form: 8-K · Filed: 2024-11-14T00:00:00.000Z
Sentiment: neutral
Topics: governance, corporate-filing, bylaws
Related Tickers: APLD
TL;DR
Applied Digital (APLD) filed an 8-K on Nov 14, reporting bylaw changes from Nov 8. Check for governance shifts.
AI Summary
Applied Digital Corp. filed an 8-K on November 14, 2024, reporting on events that occurred on November 8, 2024. The filing primarily concerns amendments to its Articles of Incorporation or Bylaws and includes financial statements and exhibits. The company, formerly known as Applied Blockchain, Inc., is incorporated in Nevada and headquartered in Dallas, Texas.
Why It Matters
This filing indicates potential changes to the company's governance structure or operational rules, which could impact its strategic direction and shareholder rights.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of corporate governance updates and financial information, not indicating immediate operational or financial distress.
Key Players & Entities
- Applied Digital Corp. (company) — Registrant
- Applied Blockchain, Inc. (company) — Former company name
- Nevada (jurisdiction) — State of incorporation
- Dallas, Texas (location) — Business address
- November 8, 2024 (date) — Earliest event date
- November 14, 2024 (date) — Filing date
FAQ
What specific amendments were made to Applied Digital Corp.'s Articles of Incorporation or Bylaws?
The filing indicates amendments were made, but the specific details of these changes are not provided in the provided text excerpt. The full filing would contain these details.
When was Applied Digital Corp. formerly known as Applied Blockchain, Inc.?
The date of the name change from Applied Blockchain, Inc. to Applied Digital Corp. was April 23, 2021.
What is the primary business address of Applied Digital Corp.?
The business address is 3811 Turtle Creek Blvd., Suite 2100, Dallas, TX 75219.
What is the fiscal year end for Applied Digital Corp.?
The fiscal year end for Applied Digital Corp. is May 31.
What is the SEC file number for Applied Digital Corp.?
The SEC file number for Applied Digital Corp. is 001-31968.
Filing Stats: 2,732 words · 11 min read · ~9 pages · Grade level 18.5 · Accepted 2024-11-14 16:30:20
Key Financial Figures
- $62,500,000 — ng (the "Series E-1 Offering") of up to $62,500,000 of the Company's Series E-1 Redeemable
- $0.001 — 1 Redeemable Preferred Stock, par value $0.001 per share (the "Series E-1 Preferred St
- $1,000 — e of the Series E-1 Preferred Stock, or $1,000.00, per year (computed on the basis of
- $90.00 — k: 9% of the Stated Value, which equals $90.00 per share of Series E-1 Preferred Stock
- $70.00 — y: 7% of the Stated Value, which equals $70.00 per share of Series E-1 Preferred Stock
- $50.00 — y: 5% of the Stated Value, which equals $50.00 per share of Series E-1 Preferred Stock
Filing Documents
- form8-k.htm (8-K) — 69KB
- ex3-1.htm (EX-3.1) — 7KB
- ex3-1_001.jpg (GRAPHIC) — 342KB
- ex3-1_002.jpg (GRAPHIC) — 593KB
- ex3-1_003.jpg (GRAPHIC) — 478KB
- ex3-1_004.jpg (GRAPHIC) — 616KB
- ex3-1_005.jpg (GRAPHIC) — 552KB
- ex3-1_006.jpg (GRAPHIC) — 598KB
- ex3-1_007.jpg (GRAPHIC) — 668KB
- ex3-1_008.jpg (GRAPHIC) — 348KB
- 0001493152-24-045934.txt ( ) — 6032KB
- apld-20241108.xsd (EX-101.SCH) — 3KB
- apld-20241108_lab.xml (EX-101.LAB) — 33KB
- apld-20241108_pre.xml (EX-101.PRE) — 22KB
- form8-k_htm.xml (XML) — 4KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. APPLIED DIGITAL CORPORATION Date: November 14, 2024 By: /s/ Saidal L. Mohmand Name: Saidal L. Mohmand Title: Chief Financial Officer