Applied Digital Corp. Appoints BDO USA as New Auditor

Ticker: APLD · Form: 8-K · Filed: 2025-06-20T00:00:00.000Z

Sentiment: neutral

Topics: auditor-change, accounting

TL;DR

Applied Digital swapped auditors from Weaver to BDO USA, effective immediately.

AI Summary

Applied Digital Corp. announced on June 18, 2025, a change in its certifying accountant. The company has appointed BDO USA, P.A. as its new independent registered public accounting firm, effective immediately. This change follows the resignation of their previous auditor, Weaver and Associates, P.C.

Why It Matters

A change in auditors can signal potential shifts in financial reporting scrutiny or strategic direction, which investors should monitor.

Risk Assessment

Risk Level: low — This filing reports a routine change in the company's independent auditor, which is common and typically does not indicate significant financial distress.

Key Players & Entities

FAQ

Who is Applied Digital Corp.'s new independent registered public accounting firm?

Applied Digital Corp. has appointed BDO USA, P.A. as its new independent registered public accounting firm.

When was the change in auditor effective?

The change in auditor was effective as of June 18, 2025.

Who was Applied Digital Corp.'s previous independent auditor?

Applied Digital Corp.'s previous independent auditor was Weaver and Associates, P.C.

Did the company have any disagreements with its former auditor?

The filing does not mention any disagreements with the former auditor, Weaver and Associates, P.C.

What is the filing date for this 8-K report?

This 8-K report was filed on June 20, 2025.

From the Filing

0001641172-25-015732.txt : 20250620 0001641172-25-015732.hdr.sgml : 20250620 20250620074521 ACCESSION NUMBER: 0001641172-25-015732 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 13 CONFORMED PERIOD OF REPORT: 20250618 ITEM INFORMATION: Changes in Registrant's Certifying Accountant ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250620 DATE AS OF CHANGE: 20250620 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 SEC ACT: 1934 Act SEC FILE NUMBER: 001-31968 FILM NUMBER: 251059101 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 1 form8-k.htm 8-K false 0001144879 0001144879 2025-06-18 2025-06-18 iso4217:USD xbrli:shares iso4217:USD xbrli:shares       UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549   FORM 8-K   CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934   June 18, 2025 (Date of earliest event reported)   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 Boulevard , Suite 2100 , Dallas , Texas   75219 (Address of principal executive offices)   (Zip Code)   214 - 427-1704 (Registrant’s telephone number, including area code)   N/A (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 ( see General Instruction A.2. below):     ☐ 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))   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. ☐   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             Item 4.01. Changes in Registrant’s Certifying Accountant.   CBIZ CPAs P.C. (“CBIZ CPAs”) acquired the attest business of Marcum LLP (“Marcum”), effective November 1, 2024. As a result of

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