Applied Digital has filed a notice of an exempt offering of securities to raise $160,000,013.00 in New Equity Investment.
According to filings with the U.S. Securities and Exchange Commission, Applied Digital is raising up to $160,000,013.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Wes Cummins played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Applied Digital
Applied Digital (APLD) is a U.S.-based operator of next-generation digital infrastructure, providing solutions to the fields of High-Performance Computing (HPC) and Artificial Intelligence (AI). APLD has two business segments: next-generation datacenter colocation services and AI GPU cloud services (under Applied Digital Cloud).
To learn more about Applied Digital, visit http://applieddigital.com/
Applied Digital Linkedin Page: https://www.linkedin.com/company/applied-digital-co/
Contact:
Wes Cummins, Chief Executive Officer
214-556-2465
https://www.linkedin.com/in/wes-cummins-63114481/
SOURCE: http://www.intelligence360.io
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