09:29 AM EDT, 07/09/2024 (MT Newswires) -- Applied Digital ( APLD ) said Tuesday that it has signed agreements with B. Riley Securities, BTIG, Lake Street Capital Markets, Northland Securities, and Roth Capital Partners to sell up to $125 million worth of the company's common stock from time to time.

The sales will be made as instructed by the company, with agents receiving a 3% commission on gross proceeds from sales they initiated, Applied Digital ( APLD ) said in a regulatory filing.

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