Applied Blockchain Inc (APLD)

[KingsKnight]

O/S Confusion...328M, 54M???
This is an interesting nugget on this S1. The O/S that has been up on OTC markets is 328M, of which it seems updated by the T/A. However this S1 states 54M O/S. Which would barely have this ticker at $100M Market Cap now. I was of the thought that the O/S was 328M.
SO in the case of an 1:6 R/S the O/S will be 9M?? Any thoughts, seems like many have left here. Been quiet.

KingsKnight Thursday, 01/27/22 06:14:49 PM
Re: None
Quote:
" Proposed Listing:
We intend to apply to list our common stock on the Nasdaq Global Select Market under the symbol “APLD.” We cannot guarantee that we will be successful in listing our common stock on the Nasdaq Global Select Market.
The number of shares of our common stock that will be outstanding after this offering set forth above is based on 54,763,534 shares of common stock outstanding as of January 19, 2022,