Mon Aug 18 13:50:00 UTC 2025: Okay, here’s a summary of the text followed by a rewritten version as a news article:

**Summary:**

Applied Digital Corporation (APLD) has increased its financial flexibility for the development of its Polaris Forge I data center in North Dakota by amending its preferred equity purchase agreement. The commitment for Series G Convertible Preferred Stock has been doubled to $300 million, and previous capital limitations have been removed. Analyst ratings on APLD stock are mixed, with a “Buy” rating and a $10 price target from some analysts, while TipRanks’ AI analyst gives a “Neutral” rating. The company’s stock performance is characterized by significant financial challenges (high leverage and cash flow issues) and valuation concerns, but also shows strong technical momentum and growth potential.

**News Article:**

**Applied Digital Secures $300 Million Boost for North Dakota Data Center**

**NEW YORK, NY – August 15, 2025** – Applied Digital Corporation (APLD) announced yesterday an amendment to its preferred equity purchase agreement, effectively doubling its capital access for the development of its Polaris Forge I data center in North Dakota. The amendment increases the commitment for Series G Convertible Preferred Stock from $150 million to $300 million and removes previous capital limitations. This move is expected to provide the company with greater financial flexibility as it continues the construction and development of the data center.

“This increased capital commitment demonstrates confidence in Applied Digital’s strategic vision and execution,” said a source familiar with the agreement. “The removal of capital limitations allows them to pursue their expansion plans more aggressively.”

Analyst opinions on Applied Digital’s stock remain varied. While some analysts maintain a “Buy” rating with a $10.00 price target, TipRanks’ AI Analyst, Spark, currently rates APLD as “Neutral.”

According to Spark’s report, Applied Digital’s overall stock score reflects a complex picture. The company faces significant financial challenges related to high leverage and cash flow, which weigh on its valuation. However, these concerns are partially offset by strong technical momentum and growth potential, as indicated in the company’s recent earnings call.

Investors are encouraged to review Applied Digital’s financial reports and analyst forecasts before making investment decisions. Applied Digital Corporation focuses on the construction and development of data centers. The company’s stock has an average trading volume of 50,737,399, and current technical sentiment signals a “Buy.”

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