Thursday, January 27, 2022 6:14:49 PM
Could this be the main culprit for all the bailing here??
Hmmm This is interesting as well:
DESCRIPTION OF CAPITAL STOCK
The following descriptions are summaries of the material terms of our Articles and our Bylaws. Reference is made to the more detailed provisions of, and the descriptions are qualified in their entirety by reference to, our Articles and Bylaws, forms of which are filed with the SEC as exhibits to the registration statement of which this prospectus is a part, and applicable law.
We will effect a one-for-six reverse stock split simultaneously with our listing on the Nasdaq Global Select Market pursuant to which holders of our issued and outstanding common stock immediately prior to listing our common stock on Nasdaq Global Select Market will have every six shares of common stock reclassified as one share of common stock. No fractional shares will be issued. We refer to this as the “Reverse Stock Split”.
General
We are authorized to issue 1,005,000,000 shares of capital stock, $0.001 par value per share, of which 1,000,000,000 are designated as common stock and 5,000,000 are designated as preferred stock.
Common Stock
As of January 19, 2022, there are an aggregate of 54,763,534 shares of our shares of common stock issued and outstanding. ]22,434,852 shares of our common stock are reserved for issuance upon the conversion of our issued and outstanding Series C Preferred Stock, paid-in-kind dividends to be accrued thereon through the effective date of our Resale Registration Statement and shares of common stock we agreed to issue equal to the number of shares of common stock that would have been issued had the paid-in-kind dividends continued after the effective date of our Resale Registration Statement through February 13, 2022 and 13,326,349 shares of our common stock are reserved for issuance upon conversion of our issued and outstanding Series D Preferred Stock, paid-in-kind dividends to be accrued thereon through the effective date of our Resale Registration Statement and shares of common stock we agreed to issue equal to the number of shares of common stock that would have been issued had the paid-in-kind dividends continued after the effective date of our Resale Registration Statement through February 13, 2022.
Recent APLD News
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 09/24/2024 04:15:19 AM
- Form S-1 - General form for registration of securities under the Securities Act of 1933 • Edgar (US Regulatory) • 09/23/2024 08:55:33 PM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 09/23/2024 08:30:27 PM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 09/23/2024 08:30:26 PM
- Applied Digital Sets Fiscal First Quarter 2025 Earnings Conference Call for Wednesday, October 9, 2024 at 5:00 p.m. Eastern Time • GlobeNewswire Inc. • 09/23/2024 12:00:00 PM
- Form S-1 - General form for registration of securities under the Securities Act of 1933 • Edgar (US Regulatory) • 09/13/2024 09:06:14 PM
- Form S-1 - General form for registration of securities under the Securities Act of 1933 • Edgar (US Regulatory) • 09/11/2024 09:21:04 PM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 09/11/2024 08:17:19 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/10/2024 10:15:29 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/10/2024 12:06:48 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 09/05/2024 08:26:46 PM
- Applied Digital Announces $160 Million Strategic Financing, Fueling Transformative Accelerated Compute and AI Infrastructure • GlobeNewswire Inc. • 09/05/2024 01:00:00 PM
- Form 8-K/A - Current report: [Amend] • Edgar (US Regulatory) • 09/04/2024 11:58:21 AM
- Form S-8 - Securities to be offered to employees in employee benefit plans • Edgar (US Regulatory) • 08/31/2024 01:46:58 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/30/2024 09:25:19 PM
- Applied Digital Issues $53.2 Million Convertible Preferred Stock to Advance HPC Data Center Project and Accelerate Growth • GlobeNewswire Inc. • 08/30/2024 08:05:00 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 08/30/2024 11:03:36 AM
- Form NT 10-K - Notification of inability to timely file Form 10-K 405, 10-K, 10-KSB 405, 10-KSB, 10-KT, or 10-KT405 • Edgar (US Regulatory) • 08/30/2024 10:53:17 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/28/2024 09:08:07 PM
- Applied Digital Reports Fiscal Fourth Quarter and Full Year 2024 Results • GlobeNewswire Inc. • 08/28/2024 08:15:09 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/14/2024 08:18:49 PM
- Applied Digital Strengthens Security Leadership with Appointment of Industry Veteran Gary Smith • GlobeNewswire Inc. • 08/14/2024 12:00:00 PM
FEATURED Cannabix Technologies and Omega Laboratories Inc. Advance Marijuana Breathalyzer Technology - Dr. Bruce Goldberger to Present at Society of Forensic Toxicologists Conference • Sep 24, 2024 8:50 AM
FEATURED Integrated Ventures, Inc Announces Strategic Partnership For GLP-1 (Semaglutide) Procurement Through MedWell USA, LLC. • Sep 24, 2024 8:45 AM
Avant Technologies Accelerates Creation of AI-Powered Platform to Revolutionize Patient Care • AVAI • Sep 24, 2024 8:00 AM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM