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Form 8-K · Current Report · Filed 2025-06-20

Applied Digital Corporation Changes Independent Registered Public Accounting Firm

Applied Digital Corporation announced on June 18, 2025, that Marcum LLP resigned as its independent registered public accounting firm, effective June 18, 2025.

Filer
Applied Digital Corporation APLD · NASDAQ
Filed
Accession
0001641172-25-015732
CIK
0001144879
Signal
Low impactTechnology

Details

CBIZ CPAs P.C. was subsequently engaged as the Company's new independent registered public accounting firm for the year ended May 31, 2025, with the approval of the Audit Committee of the Company's Board of Directors. Marcum's audit reports for the fiscal years ended May 31, 2024 and 2023 did not contain any adverse opinions or disclaimers, and there were no disagreements or reportable events between the Company and Marcum during the engagement period.

Items reported

Item 4.01

Changes in Registrant’s Certifying Accountant

Auditor Resignation
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$10.61

Next session

-7.0%

Since filing

+158.2%

Latest close

$27.39

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from APLD reporting the same item, with the next session's move:

Exhibits (1)

About Applied Digital Corporation

Applied Digital Corporation specializes in digital infrastructure provision, focusing primarily on the management and operation of next-generation data centers. These facilities are optimized for high-performance computing applications, which are critical for areas such as artificial intelligence, machine learning, and blockchain technologies. As the demand for computational power grows across various industries, Applied Digital plays a pivotal role in facilitating the infrastructure that powers advanced technological developments. This company is notable for its energy-efficient solutions and scalable architecture, catering to sectors requiring substantial processing capabilities. Operating in the rapidly evolving landscape of tech infrastructure, Applied Digital is positioned to impact diverse fields, from finance and healthcare to scientific research and entertainment. By providing robust and flexible infrastructure, it enables organizations to expand their digital capabilities, highlighting its importance in the global push towards greater computational efficiency and innovation.

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