• Applied Digital entered an incremental assumption agreement on June 26, 2026, raising revolving credit commitments to USD 430 million.
• The secured revolver matures May 28, 2029. It includes a USD 430 million letter-of-credit sub-facility that reduces availability.
• The facility permits additional revolver commitments or term loans of up to USD 120 million, taking total capacity to USD 550 million.
• Borrowings price at Term SOFR plus 2.25% or a base rate plus 1.25%, with a 0% floor on Term SOFR.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Applied Digital Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-030333), on June 26, 2026, and is solely responsible for the information contained therein.