Applied Digital Corp. Files 8-K with Bylaw Amendments

Ticker: APLD · Form: 8-K · Filed: 2025-09-26T00:00:00.000Z

Sentiment: neutral

Topics: corporate-governance, filing, financials

TL;DR

Applied Digital Corp. filed an 8-K on 9/25/25 for bylaw changes and financial exhibits.

AI Summary

On September 25, 2025, Applied Digital Corporation filed an 8-K report detailing amendments to its Articles of Incorporation and Bylaws. The filing also 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 in the company's governance structure or operational framework, which could impact its strategic direction and shareholder rights.

Risk Assessment

Risk Level: low — The filing is routine and primarily concerns corporate governance and financial reporting, with no immediate indication of significant financial distress or operational disruption.

Key Numbers

Key Players & Entities

FAQ

What specific amendments were made to the Articles of Incorporation or Bylaws?

The filing indicates amendments were made, but the specific details of these changes are not provided in the summary information of the 8-K header.

What is the nature of the financial statements and exhibits being filed?

The filing states that financial statements and exhibits are included, but their specific content (e.g., quarterly results, specific exhibits) is not detailed in the header.

When was the company formerly known as Applied Blockchain, Inc.?

The company changed its name from Applied Blockchain, Inc. on April 23, 2021.

What is Applied Digital Corp.'s fiscal year end?

Applied Digital Corp.'s fiscal year ends on May 31st.

Where is Applied Digital Corp. headquartered?

Applied Digital Corp. is headquartered at 3811 Turtle Creek Blvd., Suite 2100, Dallas, TX 75219.

Filing Stats: 596 words · 2 min read · ~2 pages · Grade level 11.9 · Accepted 2025-09-26 17:00:25

Key Financial Figures

Filing Documents

From the Filing

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 September 25, 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 (Commission (IRS Employer of incorporation) File Number) Identification No.) 3811 Turtle Creek Blvd. , Suite 2100 , Dallas , TX 75219 (Address of principal executive offices) (Zip Code) 214 - 427-1704 (Registrant's telephone number, including area code) (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 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year. On September 25, 2025, Applied Digital Corporation (the "Company") filed an amendment (the "Certificate of Designations Amendment") to the Certificate of the Designations, Powers, Preferences and Rights of Series G Convertible Preferred Stock, originally filed with the Secretary of State of the State of Nevada on April 30, 2025, as amended on August 14, 2025 and September 11, 2025 (as amended, the "Certificate of Designations"). The Certificate of Designations Amendment amends the Certificate of Designations to increase the Floor Price (as set forth in Section 1.5(c)(i) of the Certificate of Designations) to $22.00 from $12.50. The Floor Price sets the minimum floor for the conversion price of the Series G Convertible Preferred Stock, which price may not be reduced unless the Company determines to do so in its discretion. The foregoing description of the Certificate of Designations Amendment is qualified in its entirety by reference to the full text of the Certificate of Designations Amendment, a form of which is attached hereto as Exhibit 3.1 and is incorporated in its entirety by reference herein. Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 3.1 Amendment to Certificate of the Designations, Powers, Preferences and Rights of Series G Convertible Preferred Stock, filed with the Secretary of State of the State of Nevada on September 25, 2025. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). 2 SIGNATURE Pursuant to the requirements of Section 13 or 15 (d) of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Dated: September 26, 2025 By: /s/ Saidal L. Mohmand Name: Saidal L. Mohmand Title: Chief Financial Officer 3

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