Applied Digital TodayAPLDApplied Digital$6.06 +0.11 (+1.85%) 52-Week Range$2.36▼$11.07Price Target$8.40Add to WatchlistApplied Digital Co. NASDAQ: APLD designs, develops and operates next-generation data centers accommodating artificial intelligence (AI) service providers in the high-performance computing (HPC) industry. The AI boom has been driving the demand for more data centers, which is driving demand for next-gen data centers that fall right in Applied Digital's wheelhouse. The company also provides b ...

Applied Digital secures a $125 million initial commitment to fund ongoing construction costs associated with its HPC Campus in Ellendale, ND, which can be upsized upon mutual agreement by both parties up to $200 millionThis financing completes the Company's near-term capital needs and positions it to secure project-level financing to fund the remaining costs to complete the first HPC buildingFinancing provides the Company with a clear path to solidifying its position as a leading HPC datacenter owner and op ...

Applied Digital secures a $125 million initial commitment to fund ongoing construction costs associated with its HPC Campus in Ellendale, ND, which can be upsized upon mutual agreement by both parties up to $200 millionThis financing completes the Company's near-term capital needs and positions it to secure project-level financing to fund the remaining costs to complete the first HPC buildingFinancing provides the Company with a clear path to solidifying its position as a leading HPC datacenter owner and op ...

Although there are cheap, promising penny stocks, investors should still be careful. Penny stocks can surge in value from time to time. However, these stocks can more often see significant drawdowns as the market re-prices these securities in a less liquid environment. Few buyers or sellers are present to make an efficient market truly.That said, there are exceptions to the rule, and not all penny stocks are equal. I believe there are a few small-cap companies with low floats and low share prices worth cons ...

文章核心观点 - 公司近期与单一投资者签订了一项私募融资协议,发行了4,213.16万美元的无担保可转换债券 [1] - 公司将利用该笔融资资金推进在北达科他州埃伦代尔的高性能计算(HPC)数据中心建设 [2] - 公司正在积极谈判项目层面的融资,以确保项目如期完成 [2] 根据相关目录分别进行总结 融资协议 - 公司发行了4,213.16万美元的无担保可转换债券 [1] - 该债券无息,有5%的发行折扣,期限为54周 [1] - 转换价格为8美元或前5个交易日加权平均价的95%(以较低者为准) [1] - 当股价低于8美元时,投资者每月最多可转换1,600万美元 [1] - 公司可在股价低于8美元或注册报表生效后第30个交易日时提前偿还该债券 [1] - 投资者承诺在该债券期限内不做空公司股票 [1] 融资用途 - 公司将利用该笔融资资金推进在北达科他州埃伦代尔的HPC数据中心建设 [2] - 这突出了公司致力于项目推进和按时履行合同义务的承诺 [2] 其他 - 该证券尚未注册,公司已同意就此提交二级市场注册报告 [3] - 该新闻稿不构成任何证券的要约或出售邀约 [4]

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 ...

DALLAS, May 08, 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 its participation in the 19th Annual Needham Technology & Media Conference, 24th Annual B. Riley Institutional Investor Conference, and 21st Annual Craig-Hallum Institutional Investor Conference. 19th Annual Needham Technology & Media Con ...

DALLAS, May 08, 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 its participation in the 19th Annual Needham Technology & Media Conference, 24th Annual B. Riley Institutional Investor Conference, and 21st Annual Craig-Hallum Institutional Investor Conference. 19th Annual Needham Technology & Media Con ...

DALLAS, May 03, 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 Todd Gale has been appointed as Chief Development Officer, effective May 3, 2024. Mr. Gale's wealth of leadership acumen, developed during his tenure at Flexential and Terremark Worldwide, equips him to lead pivotal initiatives in h ...

Benson Brings Over a Decade of Experience in Financial Services Joins the Board as Part of a Cooperation and Standstill Agreement with Oasis Management Company DALLAS, April 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, has appointed Ella Benson as an independent director on its Board of Directors (the "Board"), ...