{"url_path":"/sec/apld/8-k/2026-06-09/item-7-01","section_key":"item-7-01","section_title":"Item 7.01 **","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-06-09","source_url":"https://www.sec.gov/Archives/edgar/data/1144879/0001493152-26-027857-index.html","accession_number":"0001493152-26-027857","cik":"0001144879","ticker":"APLD","issuer_name":"Applied Digital Corp.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1144879/0001493152-26-027857-index.html","primary_entity_key":"0001144879","primary_entity_name":"Applied Digital Corp."},"word_count":307,"has_tables":true,"body_markdown":"**Item\n7.01.**\n**Regulation\nFD Disclosure.**\n\n \n\nOn\nJune 8, 2026, Applied Digital Corporation (the “Company”) issued a press release announcing that it closed a revolving credit\nfacility (the “Credit Facility”) on May 29, 2026. The Credit Facility was arranged by Goldman Sachs Lending Partners LLC\nand provides for up to $350 million of committed capacity with an additional accordion option of up to $200 million. Proceeds from the\nCredit Facility will be used to support the pre- and post-lease development of the Company’s data center projects and for working\ncapital and other general corporate purposes. The Company also announced that it entered into a Memorandum of Understanding on June 5,\n2026, to assign the lease with CoreWeave, Inc. for ELN-04 (as defined below) to a CoreWeave, Inc. subsidiary, if that subsidiary achieves\nan investment grade credit rating.\n\n \n\nA\ncopy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.\n\n \n\nIn\nconnection with the proposed Offering (as defined and discussed below), the Company is releasing certain slides from an investor presentation\nthat will be used by the Company in connection with investor meetings. A copy of the selected slides from the investor presentation is\nattached hereto as Exhibit 99.2 and is incorporated herein by reference.\n\n \n\nThe\ninformation contained in Item 7.01 of this Current Report on Form 8-K (as well as in Exhibits 99.1 and 99.2 attached\nhereto) is furnished and shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934,\nas amended (the “Exchange Act”), or otherwise subject to the liabilities of that Section, and such information shall not\nbe deemed to be incorporated by reference into any of the Company’s filings under the Securities Act of 1933, as amended (the “Securities\nAct”) or the Exchange Act."}