Applied Digital Corp
NASDAQ:APLD

  • LAST PRICE
    4.2300
  • TODAY'S CHANGE (%)
    0.0400 (0.9547%)
  • Bid / Lots
    4.2100/ 1
  • Ask / Lots
    4.3700/ 10
  • Open / Previous Close
    4.2900 / 4.1900
  • Day Range
    4.1100
    4.3800
  • 52 Week Range
    2.3600
    11.6200
  • Volume
    4,067,078

Search Criteria

Click on magnifying glass icon to search

CompanyCountrySymbol

TD Direct Investing offers more research reports than any other discount brokerage in Canada. Provided from the industry's most trusted sources, our service includes timely, relevant information for the current trading day and comprehensive industry, sector, and insider trading reports for further analysis.

Open a New Account, or Login if you're a client.

  • May 28, 2024

  • May 24, 2024

      Show headlines and story abstract

    • 4:56PM ET on Friday May 24, 2024 by MT Newswires
      Companies Mentioned: APLD
      04:56 PM EDT, 05/24/2024 (MT Newswires) -- Applied Digital (APLD) said Friday it agreed to a private financing transaction with an investor and issued a $42.1 million unsecured convertible debenture. The debenture has a term of 54 weeks, original is...

    • 4:14PM ET on Friday May 24, 2024 by GlobeNewswire
      Companies Mentioned: APLD

    • 4:13PM ET on Friday May 24, 2024 by Dow Jones
      Companies Mentioned: APLD

      Applied Digital Issues Unsecured Convertible Debenture to Advance HPC Data Center Project in Ellendale, North Dakota

      DALLAS, May 24, 2024 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital" or the "Company"), a designer, builder, and operator of next-generation digital infrastructure designed for High-Performance Computing ("HPC") applications, announced that the Company recently entered into a private financing agreement with a single investor (the "Investor"), in which it issued a $42,131,579 unsecured convertible debenture. The convertible debenture bears no interest, has an original issue discount of five percent and has a term of 54 weeks. The conversion price for the note is the lower (a) $8.00 and (b) 95% of the lowest daily volume weighted average price of the Company's common stock during the five trading days immediately prior to the date of conversion. Below $8.00, the Investor is limited to converting no more than $16.0 million per month in the aggregate across all convertible debentures held by the Investor, which is roughly five percent of the previous thirty days value traded or less than two days of liquidity. Subject to the Investor's right to convert, the Company may prepay the note at any time that the Company's common stock trades below $8.00 or the thirtieth trading day after the registration statement registering the resale of the note's underlying shares becomes effective. The Investor has contractually agreed not to short the stock during the term of the note.

    • 4:13PM ET on Friday May 24, 2024 by Dow Jones
      Companies Mentioned: APLD

      Applied Digital Issues Unsecured Convertible Debenture to Advance HPC Data Center Project in Ellendale, North Dakota

      DALLAS, May 24, 2024 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital" or the "Company"), a designer, builder, and operator of next-generation digital infrastructure designed for High-Performance Computing ("HPC") applications, announced that the Company recently entered into a private financing agreement with a single investor (the "Investor"), in which it issued a $42,131,579 unsecured convertible debenture. The convertible debenture bears no interest, has an original issue discount of five percent and has a term of 54 weeks. The conversion price for the note is the lower (a) $8.00 and (b) 95% of the lowest daily volume weighted average price of the Company's common stock during the five trading days immediately prior to the date of conversion. Below $8.00, the Investor is limited to converting no more than $16.0 million per month in the aggregate across all convertible debentures held by the Investor, which is roughly five percent of the previous thirty days value traded or less than two days of liquidity. Subject to the Investor's right to convert, the Company may prepay the note at any time that the Company's common stock trades below $8.00 or the thirtieth trading day after the registration statement registering the resale of the note's underlying shares becomes effective. The Investor has contractually agreed not to short the stock during the term of the note.

Peers Headlines