{"url_path":"/sec/apld/8-k/2026-06-26/item-3-02","section_key":"item-3-02","section_title":"Item 3.02 Unregistered Sales of Equity Securities.**","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-06-26","source_url":"https://www.sec.gov/Archives/edgar/data/1144879/0001493152-26-030333-index.html","accession_number":"0001493152-26-030333","cik":"0001144879","ticker":"APLD","issuer_name":"Applied Digital Corp.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1144879/0001493152-26-030333-index.html","primary_entity_key":"0001144879","primary_entity_name":"Applied Digital Corp."},"word_count":162,"has_tables":true,"body_markdown":"**Item\n3.02 Unregistered Sales of Equity Securities.**\n\n \n\nThe\noffer and sale of the Series G Preferred Stock pursuant to the PEPA, and the shares of Common Stock issuable upon the conversion of the\nSeries G Preferred Stock, is and will be made in reliance upon the exemption from registration provided by Section 4(a)(2) of the Securities\nAct of 1933, as amended (the “Securities Act”).\n\n \n\nThis\nCurrent Report on Form 8-K shall not constitute an offer to sell or the solicitation of any offer to buy the Series G Preferred Stock\nor the shares of Common Stock issuable upon the conversion of the Series G Preferred Stock, nor shall there be an offer, solicitation\nor sale of the Series G Preferred Stock or the shares of Common Stock issuable upon the conversion of the Series G Preferred Stock in\nany state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws\nof such state."}