Applied Digital Corp 8-K, filed Sep 11, 2023
Applied Digital Corp. (APLD)
8-K
2023-09-11
For: 2023-09-08
View Original
Added on
April 09, 2026
About this 8-K
Applied Digital Corp filed this 8-K on September 11, 2023, reporting on events of September 8, 2023.
Items reported
- Item 8.01: Other events
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
(Date of earliest event reported)
(Exact name of registrant as specified in its charter)
(State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) | ||||||
| (Address of principal executive offices) | (Zip Code) | |||||||||||||
(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):
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).
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. o
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||
Item 8.01 Other Events
On September 8, 2023, Applied Digital Corporation (the “Company”), entered into a Facility Extension Agreement (the “Agreement”) with Oncor Electricity Delivery Company LLC for the transmission and metering of power to the Company’s hosting facility in Garden City, TX (the “Facility”). With this in place, metering and telemetry equipment will be installed onsite by Oncor and once installed, the site will be energized. The Company did not recognize any revenue from the Facility for the quarter ended August 31, 2023.
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 11, 2023
| By: | /s/ David Rench | ||||||||||
| Name: | David Rench | ||||||||||
| Title: | Chief Financial Officer | ||||||||||