Groowe Groowe BETA / Newsroom
⏱ News is delayed by 15 minutes. Sign in for real-time access. Sign in

Form 8-K

sec.gov

8-K — Applied Digital Corp.

Accession: 0001493152-26-027984

Filed: 2026-06-09

Period: 2026-06-08

CIK: 0001144879

SIC: 7374 (SERVICES-COMPUTER PROCESSING & DATA PREPARATION)

Item: Regulation FD Disclosure

Item: Financial Statements and Exhibits

Documents

8-K — form8-k.htm (Primary)

EX-99.1 (ex99-1.htm)

EX-99.2 (ex99-2.htm)

GRAPHIC (ex99-2_001.jpg)

GRAPHIC (ex99-2_002.jpg)

GRAPHIC (ex99-2_003.jpg)

GRAPHIC (ex99-2_004.jpg)

GRAPHIC (ex99-2_005.jpg)

GRAPHIC (ex99-2_006.jpg)

GRAPHIC (ex99-2_007.jpg)

GRAPHIC (ex99-2_008.jpg)

GRAPHIC (ex99-2_009.jpg)

GRAPHIC (ex99-2_010.jpg)

GRAPHIC (ex99-2_011.jpg)

GRAPHIC (ex99-2_012.jpg)

GRAPHIC (ex99-2_013.jpg)

GRAPHIC (ex99-2_014.jpg)

GRAPHIC (ex99-2_015.jpg)

GRAPHIC (ex99-2_016.jpg)

GRAPHIC (ex99-2_017.jpg)

GRAPHIC (ex99-2_018.jpg)

GRAPHIC (ex99-2_019.jpg)

GRAPHIC (ex99-2_020.jpg)

GRAPHIC (ex99-2_021.jpg)

GRAPHIC (ex99-2_022.jpg)

GRAPHIC (ex99-2_023.jpg)

GRAPHIC (ex99-2_024.jpg)

GRAPHIC (ex99-2_025.jpg)

GRAPHIC (ex99-2_026.jpg)

GRAPHIC (ex99-2_027.jpg)

GRAPHIC (ex99-2_028.jpg)

GRAPHIC (ex99-2_029.jpg)

GRAPHIC (ex99-2_030.jpg)

GRAPHIC (ex99-2_031.jpg)

GRAPHIC (ex99-2_032.jpg)

GRAPHIC (ex99-2_033.jpg)

GRAPHIC (ex99-2_034.jpg)

GRAPHIC (ex99-2_035.jpg)

GRAPHIC (ex99-2_036.jpg)

GRAPHIC (ex99-2_037.jpg)

GRAPHIC (ex99-2_038.jpg)

GRAPHIC (ex99-2_039.jpg)

GRAPHIC (ex99-2_040.jpg)

GRAPHIC (ex99-2_041.jpg)

GRAPHIC (ex99-2_042.jpg)

GRAPHIC (ex99-2_043.jpg)

GRAPHIC (ex99-2_044.jpg)

GRAPHIC (ex99-2_045.jpg)

GRAPHIC (ex99-2_046.jpg)

GRAPHIC (ex99-2_047.jpg)

GRAPHIC (ex99-2_048.jpg)

GRAPHIC (ex99-2_049.jpg)

GRAPHIC (ex99-2_050.jpg)

GRAPHIC (ex99-2_051.jpg)

GRAPHIC (ex99-2_052.jpg)

GRAPHIC (ex99-2_053.jpg)

GRAPHIC (ex99-2_054.jpg)

GRAPHIC (ex99-2_055.jpg)

GRAPHIC (ex99-2_056.jpg)

GRAPHIC (ex99-2_057.jpg)

GRAPHIC (ex99-2_058.jpg)

GRAPHIC (ex99-2_059.jpg)

GRAPHIC (ex99-2_060.jpg)

GRAPHIC (ex99-2_061.jpg)

GRAPHIC (ex99-2_062.jpg)

XML — IDEA: XBRL DOCUMENT (R1.htm)

8-K

8-K (Primary)

Filename: form8-k.htm · Sequence: 1

false

0001144879

0001144879

2026-06-08

2026-06-08

iso4217:USD

xbrli:shares

iso4217:USD

xbrli:shares

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

June

8, 2026

(Date

of earliest event reported)

APPLIED

DIGITAL CORPORATION

(Exact

name of registrant as specified in its charter)

Nevada

001-31968

95-4863690

(State

or other jurisdiction

of

incorporation)

(Commission

File

Number)

(IRS

Employer

Identification

No.)

3811

Turtle Creek Boulevard, Suite 2100, Dallas, Texas

75219

(Address

of principal executive offices)

(Zip

Code)

214-427-1704

(Registrant’s

telephone number, including area code)

N/A

(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):

Written

communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting

material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement

communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement

communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

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).

Emerging growth company

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. ☐

Securities

registered pursuant to Section 12(b) of the Act:

Title

of each class

Trading

Symbol(s)

Name

of each exchange on which registered

Common

Stock

APLD

Nasdaq

Global Select Market

Item

7.01.

Regulation

FD Disclosure.

On

June 8, 2026, Applied Digital Corporation, a Nevada corporation (the “Company”), issued a press release announcing

it has entered into a long-term lease agreement at its Delta Forge 2 Campus, a purpose-built AI Factory campus located in a new southern

state. A copy of the Company’s press release relating to such is attached as Exhibit 99.1 to this Current Report on Form 8-K and

is incorporated into this Item 7.01 by reference.

Also,

on June 9, 2026, the Company posted an updated investor presentation to its website at https://ir.applieddigital.com/news-events/presentations.

A copy of the Company’s updated investor presentation is attached as Exhibit 99.2 to this Current Report on Form 8-K and is incorporated

into this Item 7.01 by reference.

The

information contained in this Item 7.01, including the related information set forth in Exhibit 99.1 and Exhibit 99.2, is being “furnished”

and shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (“Exchange

Act”), or otherwise. The information in this Item 7.01 shall not be incorporated by reference into any registration statement or

other document pursuant to the Securities Act of 1933, as amended, or into any filing or other document pursuant to the Exchange Act,

except as otherwise expressly stated in any such filing.

Item

9.01.

Financial

Statements and Exhibits.

(d)

Exhibits.

Exhibit

No.

Description

99.1

Press Release dated June 8, 2026 announcing lease of Delta Forge 2 Campus

99.2

Investor Presentation

104

Cover Page Interactive Data File (embedded within the Inline XBRL document)

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:

June 9, 2026

By:

/s/

Saidal L. Mohmand

Name:

Saidal

L. Mohmand

Title:

Chief

Financial Officer

EX-99.1

EX-99.1

Filename: ex99-1.htm · Sequence: 2

Exhibit 99.1

Applied

Digital Signs 210 MW Lease at Delta Forge 2, Expanding Its AI Factory Franchise Model to a Fifth Campus

New

Long-Term Agreement with U.S. Based High Investment-Grade Hyperscaler Brings Total Contracted Portfolio to Approx. $36 Billion Across

Five AI Factory Campuses.

DALLAS,

June 8, 2026 (GLOBE NEWSWIRE) -- Applied Digital

(NASDAQ: APLD), a designer, builder, and operator of high-performance, sustainably engineered data centers and colocation services

for artificial intelligence, cloud, networking, and blockchain workloads, today announced it has entered into a new long-term lease agreement

at Delta Forge 2, a purpose-built AI Factory campus located in a new southern state. The lease is with a U.S. based high investment-grade

hyperscaler, marking the company’s fifth AI Factory campus overall.

The

agreement covers 210 MW of critical IT load under a 15-year take-or-pay structure with renewal options, representing approximately $5.2

billion in base-term contracted revenue, or approximately $12.7 billion if all renewal options are exercised over a 30-year total term.

“Two

years ago, we made a deliberate decision to build a company that scales, not just builds data centers,” said Wes Cummins, Chairman

and Chief Executive Officer of Applied Digital. “We call it our franchise model — a core team of design, construction, and

operations professionals replicated across every campus, in every market. Continued demand from leading hyperscalers across five campuses

is strong validation of our model.”

With

this agreement, which represents Applied Digital’s third long-term lease with the same U.S. based investment-grade hyperscaler,

the company’s contracted portfolio spans five AI Factory campuses, representing 1.4 GW of critical IT load, approximately 2.15

GW of grid-connected utility power, and approximately $36 billion in total contracted base-term lease revenue, or $86 billion if all

renewal options are exercised. Approximately 70% of contracted revenue is now backed by U.S. based investment-grade hyperscalers.

Applied

Digital’s site selection strategy prioritizes communities where large-scale, long-duration infrastructure investment creates meaningful

and lasting economic impact, including local employment, an expanded tax base, and sustained economic activity over the life of each

project.

“We

are deliberate about where we build,” Cummins continued. “We look for communities where this kind of investment genuinely

matters — where the jobs, the tax base, and the long-term economic activity have real impact. We have built a track record of being

good partners to those communities, and we take that responsibility seriously. That track record is part of how we earn the right to

keep building.”

Delta

Forge 2 is expected to bring meaningful local employment, construction activity to its host community. The campus integrates Applied

Digital’s proprietary waterless cooling technology and high-power density infrastructure, purpose-built for the compute densities

required by large-scale AI training and inference workloads. Initial operations are anticipated to commence in Q1 2028.

To

see this community model in practice, Applied Digital’s documentary series Behind the Build offers a ground-level look at

how Applied Digital constructs its AI Factory campuses alongside the communities they call home.

Key

Transaction Highlights:

● 210

MW of critical IT load located in a new southern state

● 15-year

take-or-pay lease with renewal options; approximately $5.2 billion in base-term contracted

revenue, approximately $12.7 billion including all renewal options over a 30-year total term

● Lease

with a U.S. based high investment-grade hyperscaler; Applied Digital’s fifth AI Factory

campus

● Franchise

model now active across northern and southern geographies

● Brings

total contracted lease revenue to approximately $36 billion across five campuses ($86 billion

if all renewal options are exercised)

● Total

contracted critical IT load now reaches 1.4 GW; approximately 2.15 GW gross grid-connected

utility power

● Approximately

70% of contracted revenue backed by U.S. based investment-grade hyperscalers

● Purpose-built

for large-scale AI training and inference; incorporates Applied Digital’s proprietary

waterless cooling and high-density power infrastructure

● Initial

operations anticipated to commence Q1 2028

###

About

Applied Digital

Applied

Digital (Nasdaq: APLD) named Best Data Center in the Americas 2025 by Datacloud — designs, builds, and operates high-performance,

sustainably engineered data centers and colocation services for artificial intelligence, cloud, networking, and blockchain workloads.

Headquartered in Dallas, TX, and founded in 2021, the company combines hyperscale expertise, proprietary waterless cooling, and rapid

deployment capabilities to deliver secure, scalable compute at industry-leading speed and efficiency, while creating economic opportunities

in underserved communities through its AI Factory franchise model.

Learn

more at applieddigital.com or follow @APLDdigital on X and LinkedIn.

Forward-Looking

Statements

This

press release contains “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995 regarding,

among other things, future operating and financial performance, product development, market position, business strategy and objectives,

and future financing plans. These statements use words, and variations of words, such as “will,” “continue,”

“build,” “future,” “increase,” “drive,” “believe,” “look,” “ahead,”

“confident,” “proven,” “deliver,” “outlook,” “expect,” “project”

and “predict.” Other examples of forward-looking statements may include, but are not limited to, (i) statements that reflect

perspectives and expectations regarding lease agreements and any current or prospective data center campus development; (ii) statements

about the high-performance computing (HPC) industry; (iii) statements of company plans and objectives, including the company’s

evolving business model, or estimates or predictions of actions by suppliers; (iv) statements of future economic performance; (v) statements

of assumptions underlying other statements and statements about the company or its business; and (vi) the company’s plans to obtain

future project financing. You are cautioned not to rely on these forward-looking statements. These statements are based on current expectations

of future events and thus are inherently subject to uncertainty. If underlying assumptions prove inaccurate or known or unknown risks

or uncertainties materialize, actual results could vary materially from the company’s expectations and projections. These risks,

uncertainties, and other factors include, among others: whether or not our customers exercise the renewal options under their leases

with us (if not, we will not recognize further revenue from such customer under its respective lease); our ability to complete construction

of our data center campuses as planned; the lead time of customer acquisition and leasing decisions and related internal approval processes;

changes to artificial intelligence and HPC infrastructure needs and their impact on future plans; costs related to the HPC operations

and strategy; our ability to timely deliver any services required in connection with completion of installation under lease agreements;

our ability to raise additional capital to fund the ongoing datacenter construction and operations; our ability to obtain financing of

datacenter leases and more broadly for our development and general corporate activities; our dependence on principal customers, including

our ability to execute and perform our obligations under our leases with key customers; our ability to timely and successfully build

new hosting facilities with the appropriate contractual margins and efficiencies; power or other supply disruptions and equipment failures;

the inability to comply with regulations, developments and changes in regulations; cash flow and access to capital; availability of financing

to continue to grow our business; decline in demand for our products and services; maintenance of third party relationships; and conditions

in the debt and equity capital markets. A further list and description of these risks, uncertainties, and other factors can be found

in the company’s most recently filed Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, including in the sections captioned

“Forward-Looking Statements” and “Risk Factors,” and in the company’s subsequent filings with the Securities

and Exchange Commission. Copies of these filings are available online at www.sec.gov, on the company’s website (www.applieddigital.com)

under “Investors,” or on request from the company. Information in this press release is as of the dates and time periods

indicated herein, and the company does not undertake to update any of the information contained in these materials, except as required

by law.

Media

Contact

JSA

(Jaymie Scotto & Associates)

(856)

264-7827

jsa_applied@jsa.net

Investor

Relations Contacts

Matt

Glover or Ralf Esper

Gateway

Group, Inc.

(949)

574-3860

APLD@gateway-grp.com

EX-99.2

EX-99.2

Filename: ex99-2.htm · Sequence: 3

Exhibit 99.2

GRAPHIC

GRAPHIC

Filename: ex99-2_001.jpg · Sequence: 4

Binary file (693461 bytes)

Download ex99-2_001.jpg

GRAPHIC

GRAPHIC

Filename: ex99-2_002.jpg · Sequence: 5

Binary file (1212093 bytes)

Download ex99-2_002.jpg

GRAPHIC

GRAPHIC

Filename: ex99-2_003.jpg · Sequence: 6

Binary file (699427 bytes)

Download ex99-2_003.jpg

GRAPHIC

GRAPHIC

Filename: ex99-2_004.jpg · Sequence: 7

Binary file (594872 bytes)

Download ex99-2_004.jpg

GRAPHIC

GRAPHIC

Filename: ex99-2_005.jpg · Sequence: 8

Binary file (781219 bytes)

Download ex99-2_005.jpg

GRAPHIC

GRAPHIC

Filename: ex99-2_006.jpg · Sequence: 9

Binary file (808254 bytes)

Download ex99-2_006.jpg

GRAPHIC

GRAPHIC

Filename: ex99-2_007.jpg · Sequence: 10

Binary file (1003005 bytes)

Download ex99-2_007.jpg

GRAPHIC

GRAPHIC

Filename: ex99-2_008.jpg · Sequence: 11

Binary file (604239 bytes)

Download ex99-2_008.jpg

GRAPHIC

GRAPHIC

Filename: ex99-2_009.jpg · Sequence: 12

Binary file (857255 bytes)

Download ex99-2_009.jpg

GRAPHIC

GRAPHIC

Filename: ex99-2_010.jpg · Sequence: 13

Binary file (464845 bytes)

Download ex99-2_010.jpg

GRAPHIC

GRAPHIC

Filename: ex99-2_011.jpg · Sequence: 14

Binary file (540409 bytes)

Download ex99-2_011.jpg

GRAPHIC

GRAPHIC

Filename: ex99-2_012.jpg · Sequence: 15

Binary file (517093 bytes)

Download ex99-2_012.jpg

GRAPHIC

GRAPHIC

Filename: ex99-2_013.jpg · Sequence: 16

Binary file (690913 bytes)

Download ex99-2_013.jpg

GRAPHIC

GRAPHIC

Filename: ex99-2_014.jpg · Sequence: 17

Binary file (367224 bytes)

Download ex99-2_014.jpg

GRAPHIC

GRAPHIC

Filename: ex99-2_015.jpg · Sequence: 18

Binary file (570684 bytes)

Download ex99-2_015.jpg

GRAPHIC

GRAPHIC

Filename: ex99-2_016.jpg · Sequence: 19

Binary file (517000 bytes)

Download ex99-2_016.jpg

GRAPHIC

GRAPHIC

Filename: ex99-2_017.jpg · Sequence: 20

Binary file (334107 bytes)

Download ex99-2_017.jpg

GRAPHIC

GRAPHIC

Filename: ex99-2_018.jpg · Sequence: 21

Binary file (381071 bytes)

Download ex99-2_018.jpg

GRAPHIC

GRAPHIC

Filename: ex99-2_019.jpg · Sequence: 22

Binary file (404547 bytes)

Download ex99-2_019.jpg

GRAPHIC

GRAPHIC

Filename: ex99-2_020.jpg · Sequence: 23

Binary file (461686 bytes)

Download ex99-2_020.jpg

GRAPHIC

GRAPHIC

Filename: ex99-2_021.jpg · Sequence: 24

Binary file (537759 bytes)

Download ex99-2_021.jpg

GRAPHIC

GRAPHIC

Filename: ex99-2_022.jpg · Sequence: 25

Binary file (396969 bytes)

Download ex99-2_022.jpg

GRAPHIC

GRAPHIC

Filename: ex99-2_023.jpg · Sequence: 26

Binary file (549616 bytes)

Download ex99-2_023.jpg

GRAPHIC

GRAPHIC

Filename: ex99-2_024.jpg · Sequence: 27

Binary file (691213 bytes)

Download ex99-2_024.jpg

GRAPHIC

GRAPHIC

Filename: ex99-2_025.jpg · Sequence: 28

Binary file (490003 bytes)

Download ex99-2_025.jpg

GRAPHIC

GRAPHIC

Filename: ex99-2_026.jpg · Sequence: 29

Binary file (752322 bytes)

Download ex99-2_026.jpg

GRAPHIC

GRAPHIC

Filename: ex99-2_027.jpg · Sequence: 30

Binary file (620886 bytes)

Download ex99-2_027.jpg

GRAPHIC

GRAPHIC

Filename: ex99-2_028.jpg · Sequence: 31

Binary file (786878 bytes)

Download ex99-2_028.jpg

GRAPHIC

GRAPHIC

Filename: ex99-2_029.jpg · Sequence: 32

Binary file (941412 bytes)

Download ex99-2_029.jpg

GRAPHIC

GRAPHIC

Filename: ex99-2_030.jpg · Sequence: 33

Binary file (685451 bytes)

Download ex99-2_030.jpg

GRAPHIC

GRAPHIC

Filename: ex99-2_031.jpg · Sequence: 34

Binary file (456349 bytes)

Download ex99-2_031.jpg

GRAPHIC

GRAPHIC

Filename: ex99-2_032.jpg · Sequence: 35

Binary file (516128 bytes)

Download ex99-2_032.jpg

GRAPHIC

GRAPHIC

Filename: ex99-2_033.jpg · Sequence: 36

Binary file (686463 bytes)

Download ex99-2_033.jpg

GRAPHIC

GRAPHIC

Filename: ex99-2_034.jpg · Sequence: 37

Binary file (464288 bytes)

Download ex99-2_034.jpg

GRAPHIC

GRAPHIC

Filename: ex99-2_035.jpg · Sequence: 38

Binary file (516323 bytes)

Download ex99-2_035.jpg

GRAPHIC

GRAPHIC

Filename: ex99-2_036.jpg · Sequence: 39

Binary file (685685 bytes)

Download ex99-2_036.jpg

GRAPHIC

GRAPHIC

Filename: ex99-2_037.jpg · Sequence: 40

Binary file (996934 bytes)

Download ex99-2_037.jpg

GRAPHIC

GRAPHIC

Filename: ex99-2_038.jpg · Sequence: 41

Binary file (639816 bytes)

Download ex99-2_038.jpg

GRAPHIC

GRAPHIC

Filename: ex99-2_039.jpg · Sequence: 42

Binary file (1031502 bytes)

Download ex99-2_039.jpg

GRAPHIC

GRAPHIC

Filename: ex99-2_040.jpg · Sequence: 43

Binary file (522390 bytes)

Download ex99-2_040.jpg

GRAPHIC

GRAPHIC

Filename: ex99-2_041.jpg · Sequence: 44

Binary file (681889 bytes)

Download ex99-2_041.jpg

GRAPHIC

GRAPHIC

Filename: ex99-2_042.jpg · Sequence: 45

Binary file (451909 bytes)

Download ex99-2_042.jpg

GRAPHIC

GRAPHIC

Filename: ex99-2_043.jpg · Sequence: 46

Binary file (596892 bytes)

Download ex99-2_043.jpg

GRAPHIC

GRAPHIC

Filename: ex99-2_044.jpg · Sequence: 47

Binary file (596769 bytes)

Download ex99-2_044.jpg

GRAPHIC

GRAPHIC

Filename: ex99-2_045.jpg · Sequence: 48

Binary file (682846 bytes)

Download ex99-2_045.jpg

GRAPHIC

GRAPHIC

Filename: ex99-2_046.jpg · Sequence: 49

Binary file (605371 bytes)

Download ex99-2_046.jpg

GRAPHIC

GRAPHIC

Filename: ex99-2_047.jpg · Sequence: 50

Binary file (692080 bytes)

Download ex99-2_047.jpg

GRAPHIC

GRAPHIC

Filename: ex99-2_048.jpg · Sequence: 51

Binary file (360730 bytes)

Download ex99-2_048.jpg

GRAPHIC

GRAPHIC

Filename: ex99-2_049.jpg · Sequence: 52

Binary file (392371 bytes)

Download ex99-2_049.jpg

GRAPHIC

GRAPHIC

Filename: ex99-2_050.jpg · Sequence: 53

Binary file (709377 bytes)

Download ex99-2_050.jpg

GRAPHIC

GRAPHIC

Filename: ex99-2_051.jpg · Sequence: 54

Binary file (793734 bytes)

Download ex99-2_051.jpg

GRAPHIC

GRAPHIC

Filename: ex99-2_052.jpg · Sequence: 55

Binary file (959993 bytes)

Download ex99-2_052.jpg

GRAPHIC

GRAPHIC

Filename: ex99-2_053.jpg · Sequence: 56

Binary file (471425 bytes)

Download ex99-2_053.jpg

GRAPHIC

GRAPHIC

Filename: ex99-2_054.jpg · Sequence: 57

Binary file (682228 bytes)

Download ex99-2_054.jpg

GRAPHIC

GRAPHIC

Filename: ex99-2_055.jpg · Sequence: 58

Binary file (724424 bytes)

Download ex99-2_055.jpg

GRAPHIC

GRAPHIC

Filename: ex99-2_056.jpg · Sequence: 59

Binary file (436865 bytes)

Download ex99-2_056.jpg

GRAPHIC

GRAPHIC

Filename: ex99-2_057.jpg · Sequence: 60

Binary file (415407 bytes)

Download ex99-2_057.jpg

GRAPHIC

GRAPHIC

Filename: ex99-2_058.jpg · Sequence: 61

Binary file (605318 bytes)

Download ex99-2_058.jpg

GRAPHIC

GRAPHIC

Filename: ex99-2_059.jpg · Sequence: 62

Binary file (519084 bytes)

Download ex99-2_059.jpg

GRAPHIC

GRAPHIC

Filename: ex99-2_060.jpg · Sequence: 63

Binary file (289453 bytes)

Download ex99-2_060.jpg

GRAPHIC

GRAPHIC

Filename: ex99-2_061.jpg · Sequence: 64

Binary file (679134 bytes)

Download ex99-2_061.jpg

GRAPHIC

GRAPHIC

Filename: ex99-2_062.jpg · Sequence: 65

Binary file (971295 bytes)

Download ex99-2_062.jpg

XML — IDEA: XBRL DOCUMENT

XML

Filename: R1.htm · Sequence: 70

v3.26.1

Cover

Jun. 08, 2026

Cover [Abstract]

Document Type

8-K

Amendment Flag

false

Document Period End Date

Jun. 08, 2026

Entity File Number

001-31968

Entity Registrant Name

APPLIED

DIGITAL CORPORATION

Entity Central Index Key

0001144879

Entity Tax Identification Number

95-4863690

Entity Incorporation, State or Country Code

NV

Entity Address, Address Line One

3811

Turtle Creek Boulevard

Entity Address, Address Line Two

Suite 2100

Entity Address, City or Town

Dallas

Entity Address, State or Province

TX

Entity Address, Postal Zip Code

75219

City Area Code

214

Local Phone Number

427-1704

Written Communications

false

Soliciting Material

false

Pre-commencement Tender Offer

false

Pre-commencement Issuer Tender Offer

false

Title of 12(b) Security

Common

Stock

Trading Symbol

APLD

Security Exchange Name

NASDAQ

Entity Emerging Growth Company

false

X

- Definition

Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.

+ References

No definition available.

+ Details

Name:

dei_AmendmentFlag

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Area code of city

+ References

No definition available.

+ Details

Name:

dei_CityAreaCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Cover page.

+ References

No definition available.

+ Details

Name:

dei_CoverAbstract

Namespace Prefix:

dei_

Data Type:

xbrli:stringItemType

Balance Type:

na

Period Type:

duration

X

- Definition

For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.

+ References

No definition available.

+ Details

Name:

dei_DocumentPeriodEndDate

Namespace Prefix:

dei_

Data Type:

xbrli:dateItemType

Balance Type:

na

Period Type:

duration

X

- Definition

The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.

+ References

No definition available.

+ Details

Name:

dei_DocumentType

Namespace Prefix:

dei_

Data Type:

dei:submissionTypeItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Address Line 1 such as Attn, Building Name, Street Name

+ References

No definition available.

+ Details

Name:

dei_EntityAddressAddressLine1

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Address Line 2 such as Street or Suite number

+ References

No definition available.

+ Details

Name:

dei_EntityAddressAddressLine2

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Name of the City or Town

+ References

No definition available.

+ Details

Name:

dei_EntityAddressCityOrTown

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Code for the postal or zip code

+ References

No definition available.

+ Details

Name:

dei_EntityAddressPostalZipCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Name of the state or province.

+ References

No definition available.

+ Details

Name:

dei_EntityAddressStateOrProvince

Namespace Prefix:

dei_

Data Type:

dei:stateOrProvinceItemType

Balance Type:

na

Period Type:

duration

X

- Definition

A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityCentralIndexKey

Namespace Prefix:

dei_

Data Type:

dei:centralIndexKeyItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Indicate if registrant meets the emerging growth company criteria.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityEmergingGrowthCompany

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.

+ References

No definition available.

+ Details

Name:

dei_EntityFileNumber

Namespace Prefix:

dei_

Data Type:

dei:fileNumberItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Two-character EDGAR code representing the state or country of incorporation.

+ References

No definition available.

+ Details

Name:

dei_EntityIncorporationStateCountryCode

Namespace Prefix:

dei_

Data Type:

dei:edgarStateCountryItemType

Balance Type:

na

Period Type:

duration

X

- Definition

The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityRegistrantName

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

na

Period Type:

duration

X

- Definition

The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityTaxIdentificationNumber

Namespace Prefix:

dei_

Data Type:

dei:employerIdItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Local phone number for entity.

+ References

No definition available.

+ Details

Name:

dei_LocalPhoneNumber

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 13e

-Subsection 4c

+ Details

Name:

dei_PreCommencementIssuerTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14d

-Subsection 2b

+ Details

Name:

dei_PreCommencementTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Title of a 12(b) registered security.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b

+ Details

Name:

dei_Security12bTitle

Namespace Prefix:

dei_

Data Type:

dei:securityTitleItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Name of the Exchange on which a security is registered.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection d1-1

+ Details

Name:

dei_SecurityExchangeName

Namespace Prefix:

dei_

Data Type:

dei:edgarExchangeCodeItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14a

-Subsection 12

+ Details

Name:

dei_SolicitingMaterial

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Trading symbol of an instrument as listed on an exchange.

+ References

No definition available.

+ Details

Name:

dei_TradingSymbol

Namespace Prefix:

dei_

Data Type:

dei:tradingSymbolItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Securities Act

-Number 230

-Section 425

+ Details

Name:

dei_WrittenCommunications

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

na

Period Type:

duration