Applied Digital Corporation announced that it has raised $125 million in a round of funding on June 7, 2024. The transaction included participation from new lender CIM Group, L.P. The company has issued non convertible promissory note in the transaction. The promissory note bears an interest rate of 12% per annum with a three-year term.
Real-time Estimate
Other stock markets
|
5-day change | 1st Jan Change | ||
6.035 USD | -4.66% |
|
+0.25% | -10.16% |
06-24 | Roth MKM Adjusts Price Target on Applied Digital to $11 From $8, Maintains Buy Rating | MT |
06-07 | Applied Digital Secures Private Debt Facility of Up to $200 million | MT |
![Consensus](/images/consensus_flch.gif)
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
-10.16% | 880M | |
-15.86% | 5.25B | |
+48.36% | 3.78B | |
-20.54% | 2.88B | |
-40.63% | 2.66B | |
+101.46% | 1.6B | |
+0.30% | 1.38B | |
+14.66% | 1.32B | |
+3.03% | 1.31B | |
-41.70% | 1.09B |
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- Applied Digital Corporation announced that it has received $125 million in funding