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Applied Digital Corp. completed its initial public offering on NASDAQ on April 13, 2022, pricing at $5.00 a share.
| Ticker | APLD |
|---|---|
| Exchange | NASDAQ |
| Status | Completed |
| Listing date | April 13, 2022 |
| Offering price | $5.00 |
| Shares offered | 8,000,000 |
| Total raised | $40M |
Applied Digital Corp. sold 8,000,000 shares at $5.00 each on NASDAQ. Multiplied out, that is $40 million in gross proceeds, the figure before underwriting discounts and offering expenses, and it agrees with the $40 million total recorded for the deal.
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Source: SEC EDGAR filings for Applied Digital Corp.. This page is general information, not investment advice.