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The latest update is out from Applied Digital Corporation ( (APLD) ).
The Company announced a significant increase in its authorized stock, with common stock rising to 400 million shares and preferred stock to 10 million. At its Annual Meeting, key decisions included director elections, approval of executive compensation, and amendments to the Articles of Incorporation. These changes reflect the Company’s strategic moves to facilitate growth and compliance with Nasdaq rules, engaging investors interested in its evolving financial strategies.
For an in-depth examination of APLD stock, go to TipRanks’ Stock Analysis page.