Applied Digital Corp. Amends Leadership and Compensation Filings

Ticker: APLD · Form: 8-K/A · Filed: 2025-04-17T00:00:00.000Z

Sentiment: neutral

Topics: leadership-change, executive-compensation, amendment

TL;DR

Applied Digital Corp. is amending its filings related to executive changes and pay. Keep an eye on leadership moves.

AI Summary

Applied Digital Corp. filed an amendment (8-K/A) on April 17, 2025, to a previous report dated March 27, 2025. This amendment pertains to the departure of directors or certain officers, the election of directors, the appointment of certain officers, and compensatory arrangements for certain officers. The filing details changes within the company's leadership structure and executive compensation.

Why It Matters

This filing indicates potential shifts in the company's strategic direction or governance structure, which could impact investor confidence and future performance.

Risk Assessment

Risk Level: medium — Amendments to leadership and compensation can signal internal changes that may carry unforeseen risks or opportunities.

Key Players & Entities

FAQ

What specific leadership positions were affected by this amendment?

The filing indicates changes related to the departure of directors or certain officers, election of directors, and appointment of certain officers, but specific names and positions are not detailed in the provided excerpt.

What is the primary reason for filing this 8-K/A amendment?

The amendment is to update or correct information previously reported regarding director and officer changes, elections, appointments, and executive compensation arrangements.

When was the original event that this amendment relates to?

The earliest event reported date for the original filing was March 27, 2025.

What is the filing date of this amendment?

This amendment (8-K/A) was filed on April 17, 2025.

What was Applied Digital Corp.'s former name?

Applied Digital Corp. was formerly known as Applied Blockchain, Inc. (name change effective April 23, 2021), Applied Science Products, Inc. (name change effective January 18, 2011), and FLIGHT SAFETY TECHNOLOGIES INC (name change effective September 26, 2002).

From the Filing

0001641172-25-005250.txt : 20250417 0001641172-25-005250.hdr.sgml : 20250417 20250417164536 ACCESSION NUMBER: 0001641172-25-005250 CONFORMED SUBMISSION TYPE: 8-K/A PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20250327 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20250417 DATE AS OF CHANGE: 20250417 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Applied Digital Corp. CENTRAL INDEX KEY: 0001144879 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374] ORGANIZATION NAME: 06 Technology EIN: 954863690 STATE OF INCORPORATION: NV FISCAL YEAR END: 0531 FILING VALUES: FORM TYPE: 8-K/A SEC ACT: 1934 Act SEC FILE NUMBER: 001-31968 FILM NUMBER: 25847964 BUSINESS ADDRESS: STREET 1: 3811 TURTLE CREEK BLVD., SUITE 2100 CITY: DALLAS STATE: TX ZIP: 75219 BUSINESS PHONE: 214-556-2465 MAIL ADDRESS: STREET 1: 3811 TURTLE CREEK BLVD., SUITE 2100 CITY: DALLAS STATE: TX ZIP: 75219 FORMER COMPANY: FORMER CONFORMED NAME: Applied Blockchain, Inc. DATE OF NAME CHANGE: 20210423 FORMER COMPANY: FORMER CONFORMED NAME: Applied Science Products, Inc. DATE OF NAME CHANGE: 20110118 FORMER COMPANY: FORMER CONFORMED NAME: FLIGHT SAFETY TECHNOLOGIES INC DATE OF NAME CHANGE: 20020926 8-K/A 1 form8-ka.htm true 0001144879 0001144879 2025-03-27 2025-03-27 iso4217:USD xbrli:shares iso4217:USD xbrli:shares       UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549   FORM 8-K/A (Amendment No. 1)   CURRENT REPORT   Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934   Date of Report (Date of earliest event reported): March 27, 2025   APPLIED DIGITAL CORPORATION (Exact name of registrant as specified in its charter)   Nevada   001-31968   95-4863690 (State or other jurisdiction of incorporation)   (Commission File Number)   (IRS Employer Identification No.)   3811 Turtle Creek Blvd. , Suite 2100     Dallas , TX   75219 (Address of principal executive offices)   (Zip Code)   Registrant’s telephone number, including area code: 214 - 427-1704     (Former name or former address, if changed since last report.)   Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:   ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)     ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)     ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))     ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))   Securities registered pursuant to Section 12(b) of the Act:   Title of each class   Trading Symbol(s)   Name of each exchange on which registered Common Stock   APLD   Nasdaq Global Select Market   Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).   Emerging growth company ☐   If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐             EXPLANATORY NOTE   This Amendment No. 1 on Form 8-K/A (this “Amendment”) is being filed by Applied Digital Corporation (the “Company”) to amend the Current Report

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