Applied Digital이 새로운 데이터센터 건설을 위해 최대 $835M 규모의 주식 재매각 등록
Applied Digital Corporation has filed Post-Effective Amendment No. 3 to its Form S-3 registration statement to register approximately 53,087,689 shares of common stock for resale by existing stockholders.
The registration covers three tranches of shares. First, 25,528,866 shares of common stock remain available for resale under the original registration statement filed June 3, 2025, which registered 75,225,643 shares issuable upon conversion of Series G Convertible Preferred Stock. Of those original shares, 49,696,777 have already been sold by the stockholders, leaving this remainder. Second, the amendment registers an additional 24,558,823 shares of common stock issuable upon conversion of Series G Preferred Stock, issued pursuant to the Fifth Amendment to the Preferred Equity Purchase Agreement (PEPA), dated May 29, 2026, and the Sixth Amendment, dated June 26, 2026. Third, the registration includes 3,000,000 Warrant Shares issued to AI Bridge Funding LLC on April 26, 2024.
The original PEPA was dated April 30, 2025, and has been amended four times prior to this registration statement: on August 14, 2025 (First Amendment), September 11, 2025 (Second Amendment), October 7, 2025 (Third Amendment), and October 21, 2025 (Fourth Amendment), followed by the Fifth and Sixth amendments in May and June 2026. The company is registering these shares to satisfy registration rights granted to the selling stockholders under a Registration Rights Agreement dated April 30, 2025. The shares may be offered for resale from time to time at prices and on terms to be determined at the time of any offering.