Applied Digital Announces Pricing of $2.35 Billion of Senior Secured NotesDALLAS, Nov. 13, 2025 (GLOBE NEWSWIRE) -- Applied Digital Corporation (
NASDAQ: APLD) (“Applied Digital” or the “Company”), a leading designer, builder and operator of high-performance, sustainably engineered data centers and colocation services for Artificial Intelligence (“AI”), cloud, networking, and blockchain workloads, today announced that its subsidiary, APLD ComputeCo LLC (“APLD Compute”), has priced a $2.35 billion offering (the “Offering”) of 9.250% senior secured notes due 2030 (the “Notes”) at an issue price of 97%. The Notes will be sold in a private offering to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The Offering is expected to close on or around November 20, 2025, subject to market and other conditions.
Applied Digital Advances AI Factory Buildout with Second $787.5 Million Draw from Macquarie Asset ManagementMacquarie Asset Management expected to provide $787.5 million in additional equity funding to accelerate Applied Digital’s AI Factory buildout across its North Dakota campuses
Applied Digital Announces Proposed Offering of $2.35 Billion of Senior Secured NotesDALLAS, Nov. 10, 2025 (GLOBE NEWSWIRE) -- Applied Digital Corporation (
NASDAQ: APLD) (“Applied Digital” or the “Company”), a leading designer, builder and operator of high-performance, sustainably engineered data centers and colocation services for Artificial Intelligence (“AI”), cloud, networking, and blockchain workloads, today announced that its subsidiary, APLD ComputeCo LLC (“APLD Compute”), intends to offer, subject to market conditions and other factors, $2.35 billion aggregate principal amount of senior secured notes due 2030 (the “Notes”), in a private offering to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”).
Applied Digital Achieves Ready for Service for Phase 1 at Polaris Forge 1 Building 1 for CoreWeaveMilestone Demonstrates Industry-Leading Speed, Scale, and Execution for Next-Generation AI Infrastructure
Applied Digital Announces $5 Billion AI Factory Lease with U.S. Based Investment Grade Hyperscaler at Polaris Forge 2 ND CampusApproximate 15-Year Lease Agreement to Deliver 200 MW of Critical IT Capacity at Polaris Forge 2, Bringing the Company’s Total Leased Capacity Across North Dakota, With Two of the Largest Global Hyperscalers, to 600 MW
Applied Digital Announces $160 Million Strategic Financing, Fueling Transformative Accelerated Compute and AI InfrastructureInvestment Endorses Applied Digital’s Track Record of Innovation, Accelerating the Creation and Application of its Data Center and GPU Cloud Deployments
Applied Digital Strengthens Security Leadership with Appointment of Industry Veteran Gary SmithWith Over Four Decades of Expertise, Smith to Lead Physical Security Innovation and Enhance the Protection and Integrity of Advanced Digital Infrastructure
Applied Digital Among First Cloud Service Providers to Use New NVIDIA Blackwell PlatformApplied Digital to use the latest NVIDIA Blackwell platform-based GPUs for HPC applications, ensuring cutting-edge computing power for AI, machine learning, and graphics rendering.
Applied Digital Secures Contract with AI Customer, Together AI• Together AI will utilize Applied Digital's dynamic computing ecosystem, featuring H100 GPUs and NVLink technology.
Applied Digital to Host Ribbon Cutting Ceremony at its 200-Megawatt Datacenter in Garden City, TexasThe Facility Brings Applied Digital to 480MW of Total Hosting Capacity Across its Blockchain Hosting Locations
Applied Digital Announces Energization of its 200-Megawatt Datacenter in Garden City, TexasInitial Energization of Garden City Facility Represents Third Facility to be Successfully Energized in North America
