Profile
Sector:
TechnologyIndustry:
Information Technology ServicesCountry:
United StatesIPO:
13 April 2022Website:
http://applieddigital.comNext earnings report:
16 January 2025Last dividends:
N/ANext dividends:
N/APrice
pre-market | 9 min agoDividend
Analysts recommendations
Institutional Ownership
APLD Latest News
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DALLAS, Nov. 04, 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 applications, today completed its previously announced offering of 2.75% Convertible Senior Notes due 2030 (the “Convertible Notes”) in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The aggregate principal amount of notes sold in the offering was $450 million, which includes $75 million aggregate principal amount of notes issued pursuant to an option to purchase additional notes granted to the initial purchasers, which the Initial Purchasers exercised in full on October 31, 2024.
DALLAS, Oct. 31, 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, today announced the upsize and pricing of its offering of $375 million aggregate principal amount of 2.75% Convertible Senior Notes due 2030 (the “Convertible Notes”). The Convertible 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”).
DALLAS, Oct. 30, 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, today announced that it intends to offer, subject to market conditions and other factors, $300 million aggregate principal amount of convertible senior notes due 2030 (the “Convertible 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”).
What type of business is Applied Blockchain?
Applied Digital Corporation designs, develops, and operates digital infrastructure solutions and cloud services high-performance computing (HPC) and artificial intelligence industries in North America. It operates through three segments: Data Center Hosting Business, Cloud Services Business, and HPC Hosting Business. The company offers infrastructure services to crypto mining customers; and GPU computing solutions for critical workloads related to AI, machine learning, and other HPC tasks. It also engages in the designing, constructing, and managing of data centers to support HPC applications. The company was formerly known as Applied Blockchain, Inc. and changed its name to Applied Digital Corporation in November 2022. Applied Digital Corporation is based in Dallas, Texas.
What sector is Applied Blockchain in?
Applied Blockchain is in the Technology sector
What industry is Applied Blockchain in?
Applied Blockchain is in the Information Technology Services industry
What country is Applied Blockchain from?
Applied Blockchain is headquartered in United States
When did Applied Blockchain go public?
Applied Blockchain initial public offering (IPO) was on 13 April 2022
What is Applied Blockchain website?
https://applieddigital.com
Is Applied Blockchain in the S&P 500?
No, Applied Blockchain is not included in the S&P 500 index
Is Applied Blockchain in the NASDAQ 100?
No, Applied Blockchain is not included in the NASDAQ 100 index
Is Applied Blockchain in the Dow Jones?
No, Applied Blockchain is not included in the Dow Jones index
When was Applied Blockchain the previous earnings report?
No data
When does Applied Blockchain earnings report?
The next expected earnings date for Applied Blockchain is 16 January 2025