Applied Digital (APLD) said Thursday that it priced its upsized offering of $375 million aggregate principal amount of 2.75% convertible senior notes due 2030 to qualified institutional buyers.
The company said it granted initial purchasers to purchase up to an additional $75 million aggregate principal amount of the notes. Applied Digital expects to close the offering on Monday and said proceeds will be used to fund share repurchases and for general working capital.
Shares of Applied Digital were down nearly 6% in recent trading.
Price: 6.93, Change: -0.43, Percent Change: -5.84
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。