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Represented Salute, a global leader in comprehensive data center services, in its acquisition of Northshore, a sustainability-driven global engineering and consulting firm whose technology and proprietary platform Seastack is a significant breakthrough in the use of AI and automation to advance data center sustainability and optimize facility operations.
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Representing Oppenheimer & Co. Inc as lead capital markets advisor in a business combination between Cartica Acquisition Corp, a publicly-traded special purpose acquisition company, and Nidar Infrastructure Limited, parent of Yotta Data Services, a data center solutions and services provider headquartered in Mumbai, India.
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Represented Applied Digital (NASDAQ: APLD) in the first draw of $112.5 million from its previously announced $5.0 billion perpetual preferred equity financing facility with Macquarie Asset Management.
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Represented Salute, a global leader in comprehensive data center services, in its acquisition of Advanced Data Center Consulting Group (ADCC Group), the industry’s premier provider of AI-driven data center training and consulting services.
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Represented Soluna Holdings, Inc., a developer of green data centers for intensive computing applications, in its pricing of a public offering, the gross proceeds of which, before deducting the placement agent’s fees and other offering expenses payable by the Company, are expected to be approximately $5 million.
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Represented a global builder and operator of data centers specializing in the use of underutilized renewable energy sources in the acquisition of a 30 MW data center in Fort Stockton, Texas, which is to be utilized for Bitcoin mining.
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Represented Applied Digital (NASDAQ: APLD) in two separate at-the-market offerings totaling up to $325 million of common stock.
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Represented Applied Digital (NASDAQ: APLD) in the closing of three long-term lease agreements with CoreWeave (NASDAQ:CRWV) for AI data centers at Applied Digital’s Polaris Forge 1 campus in Ellendale, North Dakota expected to generate roughly $11 billion in rental revenue over an approximately 15-year term.
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Represented Applied Digital (NASDAQ: APLD) in a $2.35 billion senior secured notes offering by its subsidiary, APLD ComputeCo LLC to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.
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Represented Applied Digital (NASDAQ: APLD) in a $150 million convertible preferred equity facility to advance the development of its Ellendale multi-building HPC data center campus.
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Represented Applied Digital (NASDAQ: APLD) in closing a $375 million construction financing with SMBC.
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Represented Applied Digital Corporation (NASDAQ: APLD) in its draws of nearly $900 million from its previously announced $5 billion perpetual preferred equity financing facility, with Macquarie Asset Management. Funds will be used to support Polaris Forge 1 and Polaris Forge 2 development.
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Represented Applied Digital (Nasdaq: APLD) in closing a $375 million bridge loan financing with Sumitomo Mitsui Banking Corporation through Applied Digital Corporation’s HPC subsidiary APLD HPC Holdings LLC (“APLDH”).
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Represented Applied Digital (Nasdaq: APLD) in a private offering of convertible notes in the aggregate principal amount of $450 million.
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Represented Applied Digital (Nasdaq: APLD) in a committed equity facility of up to $250 million with YA II PN, LTD., a fund managed by Yorkville Advisors Global, LP, a $160 million private placement of common stock, and a private placement of $53.2 million of convertible preferred stock.
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Represented Applied Digital (Nasdaq: APLD) in securing an up to $200 million private debt facility with CIM Group.
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Represented Applied Digital (Nasdaq: APLD) in issuing a convertible promissory note to a fund managed by Yorkville Advisors Global, LP.
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Represented Applied Digital (NASDAQ: APLD) in the sale of its 200-megawatt Bitcoin mining data center in Garden City, Texas, to Marathon Digital Holdings, Inc. (NASDAQ: MARA) for a gross purchase price value of $97.3 million.
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Represented Applied Digital (Nasdaq: APLD) in a $50 million convertible note financing with a single investor.
